Finnish startup Spinnova has entered a joint venture to build a commercial-scale facility. It will be able to produca a new "green" fibre made from wood pulp. Photo: Instagram/@spinnova_fibre
Is the fashion world ready for more clothes made of wood? Suzano SA, the world’s largest wood pulp maker, is making a big bet that it is, and joining the party is Finnish startup Spinnova.
The two players are entering a 50-50 joint venture to build a commercial-scale facility to produce a new "green" fibre made from wood pulp.
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