Spinnova and Suzano finalized the arrangements related to Woodspin and Suzano Finland (link). This practically went in line with forecasts and expectations. The terms of the arrangements were announced in June and confirmed in August.
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Spinnova: ARMEDANGELS Develops More Sustainable Products from SPINNOVA® Fibre
SPINNOVA PLC, PRESS RELEASE, 11 December 2025 at 9:00 a.m.
ARMEDANGELS Develops More Sustainable Products from SPINNOVA® Fibre
The German fashion brand ARMEDANGELS has signed a non-binding letter of intent to secure the future availability of SPINNOVA® fibres. The agreement is a significant step towards the ecosystem (consortium) built by Spinnova, which aims to promote the future availability of Spinnova’s technology and materials.
ARMEDANGELS strongly emphasizes responsible and ethical textile manufacturing. The company’s clothing is made from innovative and sustainable materials, the production chain is transparent, and the company is committed to fair working conditions throughout the entire value chain. Each product is designed based on a thoughtful material selection, where the origin, processing, durability, and impact on the environment and people are evaluated according to precise criteria. In line with these principles, ARMEDANGELS will also develop products from SPINNOVA® fibre as part of its collection in the future.
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I wondered yesterday how the price rose so strongly, by 12%, life is full of coincidences 
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Yesterday’s share price hardly stemmed from that. That stock is being thrown to the wind for completely different reasons. That agreement is probably just more pins on the chest. So we’re friends on Facebook and nothing more significant happens?
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Here are Antti’s and Kaisa’s comments on this new “partnership”.
We believe the new brand partnership is a positive addition to Spinnova’s partner network and supports the long-term demand outlook for the company’s technology-produced fiber. However, we do not believe the agreement will be financially significant in the near future. Key to the company’s commercialization efforts remain reducing technology investment and production costs, and finding parties interested in technology investments.
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Spinnova Welcomes TOMMY HILFIGER to Accelerate Sustainable Textile Innovation
SPINNOVA PLC, PRESS RELEASE, DECEMBER 18, 2025 AT 9:00 AM
Spinnova Welcomes TOMMY HILFIGER to Accelerate Sustainable Textile Innovation
PVH Corp.'s brand TOMMY HILFIGER joins the ecosystem (consortium) built by Spinnova and supported by Fashion for Good to ensure the availability of SPINNOVA® fibers and to develop fabrics from the fiber. The collaboration expands the application possibilities of SPINNOVA® fiber across the brand’s various product categories.
The collaboration is an important step towards the ecosystem built by Spinnova, which aims to promote the future availability of SPINNOVA® fiber.
“We are delighted to welcome TOMMY HILFIGER to the Spinnova consortium. Their commitment to exploring more responsible materials aligns with our mission to increase the availability of our textile materials,” says Pedro Brito, Spinnova’s Senior Commercial Manager.
Spinnova Plc
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On the brand side, the consortium building indeed seems to be progressing quite nicely, even though no particularly strong commitments have been mentioned in the press releases. Hopefully, by February at the latest, we will receive more information about the overall picture, as well as progress in reducing technology investment and production costs. Next year will, in any case, be very important for the formation of Spinnova’s investor story.
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The ecosystem is indeed growing, but it’s crying out for investors. I would have thought that one of these would have also brought money to the table.
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Spinnova Appoints New Chief Commercial Officer
Material technology company Spinnova has appointed Mikko Lassila as Chief Commercial Officer and a member of the Management Team. He joins Spinnova from UPM-Kymmene, where Lassila has worked in leading sales and business development roles.
Lassila will start at Spinnova by 15 April 2026 at the latest.
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