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#Yarn & Fiber

Inside Information: Suzano will not invest into next steps of collaboration with Spinnova

Suzano will not invest into the next steps of the collaboration with Spinnova. Spinnova and Suzano have agreed to begin a strategic review of Woodspin and will renegotiate the exclusivity rights. Spinnova will commence its own strategic review.


Spinnova Plc has been informed by Suzano Plc today, 28 February 2025, that Suzano will not invest into the next steps of the collaboration with Spinnova. As a result of this decision from Suzano, Spinnova currently does not expect Suzano to make a factory investment in the near future. Suzano comments that this business decision is based on Suzano’s newly defined priorities and capital allocation strategy and is not related to Suzano’s confidence in the technology that prompted the initial investment. Suzano will continue to be a shareholder in Spinnova.

Together, Spinnova and Suzano have agreed to commence a strategic review of their joint venture Woodspin, which is expected to be completed within the coming months. Spinnova continues to see significant interest from other parties in its fibre and technology. Therefore, the review will also assess the terms for the termination of the exclusivity rights that are part of the joint venture agreement. Spinnova continues to implement its own technology roadmap, including its own MFC concept, as communicated previously.

Concurrently with the review of Woodspin, Spinnova will begin an assessment of its strategy including all its joint ventures and will plan future actions. The company will review its strategic targets and the financial guidance for 2025. Spinnova expects the strategic assessment to be completed within the next few months and will update the market when appropriate.




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#Raw Materials

ECCO introduces first shoe featuring innovative protein-based fibre

ECCO, in partnership with Spinnova, announces the launch of the limited edition ECCO BIOM® 720, a first-of-its-kind shoe utilising an often overlooked leather by-product, transformed into a protein-based fibre. The fibres are produced using patented technology that advances material innovation while reducing waste and supporting full resource use across the leather and textile industry.

#Man-Made Fibers

Swiss industrial engineering and manufacturing company Sulzer joins Spinnova’s ecosystem

Sulzer, a Swiss industrial engineering and manufacturing company, has joined Spinnova’s ecosystem (consortium) to enable the availability of SPINNOVA® fibre in the textile materials market. Sulzer will contribute its expertise to support Spinnova’s development work.

#Recycling / Circular Economy

Textile‑to‑textile recycling leader Circulose joins Spinnova’s ecosystem to accelerate technology scale‑up

Textile‑to‑textile recycling leader Circulose joins Spinnova’s ecosystem (consortium) to help advance the scale‑up of Spinnova’s technology. Spinnova has actively sought partners to accelerate commercial scale‑up, and Circulose, as a key player in textile recycling, strengthens the ecosystem by providing a raw material that is in high demand across the industry.

#Yarns

Yarn spinning partner Tearfil continues to support Spinnova’s fibre and technology

Spinnova Plc has signed non-binding Letter of Intent (LOI) with Portuguese yarn spinning company, Tearfil Textile Yarns to secure access to SPINNOVA® fibre volumes.

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#Man-Made Fibers

Indorama Ventures supports Southeast Asia’s textile customers with reliable regional supply and global innovative portfolio

Indorama Ventures, one of the leading global polyester fiber and filament yarn suppliers globally, will participate in Indo Intertex 2026 in Jakarta this April, making its diverse global portfolio available to apparel, home textile, and hygiene customers across Southeast Asia.

#Yarns

Yarn Expo Spring 2026 concludes, connecting buyers with innovative selection of sustainable yarns and fibres

Yarn Expo Spring 2026 wrapped up successfully on 13 March, as a record-high of over 600 exhibitors from 12 countries and regions welcomed more than 25,000 visitors from 113 countries and regions. Held across 27,000 sqm in Hall 8.2 of the National Exhibition and Convention Center (Shanghai), the fair highlighted the textile industry’s accelerating shift toward a lower-impact, more functional future. Exhibitors presented eco-friendly organic, regenerated and recycled yarns and fibres, alongside innovative options such as sweat-resistant and high-performance materials. A comprehensive fringe programme further enriched the event, offering practical market insights and new networking opportunities.

#Man-Made Fibers

Lenzing advances its transformation: Higher EBITDA, stronger free cash flow and more than EUR 200 million in cost savings

The business performance of the Lenzing Group in 2025 was affected particularly in the second half of the year by external factors such as international tariff measures, subdued demand and declining market prices. As a result, revenue decreased slightly by 2.3 percent to EUR 2.6 billion, primarily due to lower fiber sales volumes and lower prices for fibers and pulp, which were further negatively impacted by currency developments. Nevertheless, thanks to the comprehensive Performance Program, Lenzing was able to improve its operating performance and key financial indicators compared with the previous year.

#Man-Made Fibers

“Lead Transformation – Generate Impact”: Lenzing presents its 2025 Annual and Sustainability Report

The Lenzing Group has published its 2025 Annual and Sustainability Report, entitled LEAD TRANSFORMATION – GENERATE IMPACT. The report shows how Lenzing is actively shaping change in the industry and making a lasting impact: economically, ecologically, and socially. Lenzing is consistently focused on the future: with targeted investments in premiumization, excellence, innovation, and sustainability, the company is strengthening its position as a leading provider of sustainable, cellulose-based premium fibers. The combined report is available in digital format.

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#Recycling / Circular Economy

Europe’s textile future at a turning point: New 2030 Circularity Blueprint aims to scale recycling and unlock investment opportunities

The EU textile system is at a critical crossroads. Today, less than 1% of discarded garments are recycled into new garments, despite EU-wide obligations for separate collection. In response, Global Fashion Agenda (GFA) is launching the 2030 Circularity Blueprint, in partnership with ReHubs. This ambitious initiative is designed to support the transformation of the EU textile ecosystem to advance textile-to-textile recycling and drive the transition to a circular economy.

#Research & Development

Regional hemp bast for lightweight construction profiles

The cultivation of fibre hemp for the production of ropes and clothing has a long tradition in Saxony. Due to its excellent fibre properties, it is also suitable as a renewable raw material for reinforcement in fibre composites. At the STFI and IWU in Chemnitz, the CannaPul project is cur- rently investigating how a regional value chain for hemp-based lightweight construction profiles can be established. To this end, the technical processing of hemp fibres into continuous fibre strands and their embedding in a suitable bio-based matrix are being investigated.

#Digital Printing

Kornit Digital launches Konnections 365

Kornit Digital (NASDAQ: KRNT) (“Kornit” or the “Company”), a global pioneer in sustainable, on-demand digital fashion and textile production today announced the launch of Konnections 365 - a year-round movement designed for the people moving the apparel, print, and retail industries forward. The strategy is built on the overwhelming success of Konnections 2026 held in Hollywood, Florida, featuring more than 500 customers, partners, and collaborators who together are driving the future of apparel and textiles.

#Techtextil 2026

Techtextil 2026: KARL MAYER impresses as an innovative sector partner

KARL MAYER looks back with satisfaction on its participation in Techtextil 2026. From April 21 to 24, the international industry leader used the trade show in Frankfurt to meet with numerous key customers at its booth and, at the same time, establish many new contacts. Most visitors came from Germany, followed by major markets such as Poland, the United Kingdom, Turkey, France, and Portugal.

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