Antti and Tomi discussed Spinnova 
Topics:
00:00 Partnerships following the Suzano collaboration
03:17 Technological prerequisites for commercialization
09:19 Balancing cash burn and collecting test results
11:15 Three different scenarios
9 Likes
Could it be that Spinnova’s process is energy-efficiently suitable (grinding!) mainly for processing fibers that fibrillate more easily than wood fibers? In that case, the withdrawal of the wood pulp company Suzano would have been an admission of the facts. For instance, plant fibers could provide a way to create value by selling technology to countries in the South.
This kind of “old-new” partnership for the Spinnova ecosystem: Spinnovan kumppani NZ TEX GROUP tukee SPINNOVA®‑kuidun skaalausta | Kauppalehti
Spinnova’s long-term woven fabric manufacturing partner, the Bangladeshi NZ TEX GROUP, supports the scaling of SPINNOVA® fiber by joining the Spinnova ecosystem. NZ TEX GROUP and Spinnova have been co-developing fabrics, including denim, for several years. Now the partners are strengthening their collaboration through the ecosystem model.
Founded in 1982, NZ TEX GROUP is a vertically integrated textile group specializing in woven fabrics such as denim. It works closely with well-known international fashion brands and manufactures fabrics on an industrial scale according to market and brand requirements.
The collaboration between the companies began with R&D work, where SPINNOVA® fiber has been tested and utilized in several fabric trials. NZ TEX GROUP has been responsible for weaving, dyeing, and finishing the fabrics, leveraging its expertise in denim and woven textiles. The development work has focused particularly on denim, where SPINNOVA® fiber has proven to be well-suited.
Through the partnership, NZ TEX GROUP supports the transition from the development phase to industrial fabric production. As part of the ecosystem, NZ TEX GROUP will utilize SPINNOVA® fiber in the production of denim fabrics, which will be showcased at the Kingpins New York trade show in July 2026. Kingpins is a denim-focused trade event that brings together mills, suppliers, and brands.
“Collaboration with NZ TEX GROUP brings our denim development work closer to the market. We have been co-developing and finishing denim fabrics utilizing SPINNOVA® fiber for several years, and showcasing these developments at the Kingpins show in New York is an important next step in bringing our fiber into established textile supply chains,” says Shahriare Mahmood, Spinnova’s Chief Product & Sustainability Officer.
“This partnership supports our goal of offering innovative and sustainable yarns and fabrics to the global apparel market. Spinnova’s fiber technology has strong potential for sturdier materials such as denim,” says Saleudh Zaman Khan, Chairman of NZ TEX GROUP.
10 Likes
Here are the comments from Kaisa and Antti regarding NZ TEX GROUP joining Spinnova’s ecosystem to support the industrial scaling of the fiber.
We view a textile manufacturer joining the partner network as a minor positive step on the commercialization path, as it strengthens the fiber processing chain all the way to the finished fabric. However, it is very challenging to estimate the impact of this news on the duration or difficulty of the commercialization path for the remaining first industrial project.
6 Likes