|

|

Business

Spinnova shares jump as production restart nears
Spinnova shares jump as production restart nears

Explore and follow profiles from this article to get timely updates:

Spinnova’s stock rose sharply to €0.51 on this morning, up 18% intraday, reflecting renewed investor optimism as the company moves closer to restarting production at its Woodspin demo factory.

The rally follows today’s news that trial runs are beginning, marking a critical step in scaling the company’s wood-based textile fiber technology. The trials will focus on improving efficiency and fiber quality, two factors that have constrained commercialization so far. The company's goal is to restart production on a larger scale this year.

“Our aim is to proceed with the ramp up of the demo facility step by step,” said CEO Janne Poranen, describing the trials as “an important step towards starting actual production.” 

Best of the Month Newsletter

Stay one step ahead of the executive curve.


By signing up, you agree to our Privacy Policy

Best of the Month Newsletter

Stay one step ahead of the executive curve.


By signing up, you agree to our Privacy Policy

Spinnova now controls the full production chain after acquiring its demo facilities in 2025. This gives the company greater oversight of both fiber production and the preparation of microfibrillated cellulose, its key raw material.

Spinnova is a Finnish textile technology company that produces fiber from wood pulp and waste without harmful chemicals. Its process uses little water, generates minimal CO2, and creates biodegradable, recyclable material that feels like natural fibers such as cotton.

Authors

Emmi Laine is head of business content at Listeds and our lead for finance and business coverage. She sets the editorial agenda, interviews Nordic business leaders, and writes stories, newsletters, and social content on timely market and corporate topics. Emmi brings nearly eight years of experience from Shanghai's Yicai Global / Yicai Media Group, where she was awarded for reporting on China’s economy, finance sector, and technology innovation. She holds an MSc in Innovation and Entrepreneurship from ESADE Business School in Barcelona and a Master’s degree in International Design Business Management from Aalto University. She also holds a Bachelor’s degree in Culture Studies with a major in Journalism from Stockholm University and has studied Mandarin Chinese and Chinese culture. Emmi is a Finnish citizen and has lived in Finland, Sweden, China, and Portugal.

Emmi Laine is head of business content at Listeds and our lead for finance and business coverage. She sets the editorial agenda, interviews Nordic business leaders, and writes stories, newsletters, and social content on timely market and corporate topics. Emmi brings nearly eight years of experience from Shanghai's Yicai Global / Yicai Media Group, where she was awarded for reporting on China’s economy, finance sector, and technology innovation. She holds an MSc in Innovation and Entrepreneurship from ESADE Business School in Barcelona and a Master’s degree in International Design Business Management from Aalto University. She also holds a Bachelor’s degree in Culture Studies with a major in Journalism from Stockholm University and has studied Mandarin Chinese and Chinese culture. Emmi is a Finnish citizen and has lived in Finland, Sweden, China, and Portugal.

Authors

Emmi Laine is head of business content at Listeds and our lead for finance and business coverage. She sets the editorial agenda, interviews Nordic business leaders, and writes stories, newsletters, and social content on timely market and corporate topics. Emmi brings nearly eight years of experience from Shanghai's Yicai Global / Yicai Media Group, where she was awarded for reporting on China’s economy, finance sector, and technology innovation. She holds an MSc in Innovation and Entrepreneurship from ESADE Business School in Barcelona and a Master’s degree in International Design Business Management from Aalto University. She also holds a Bachelor’s degree in Culture Studies with a major in Journalism from Stockholm University and has studied Mandarin Chinese and Chinese culture. Emmi is a Finnish citizen and has lived in Finland, Sweden, China, and Portugal.

Subscribe to our newsletters

Subscribe to all our newsletters with one click — stay fully up to date across leadership, business, culture, and Nordic life.


By signing up, you agree to our Privacy Policy

Subscribe to our newsletters

Subscribe to all our newsletters with one click — stay fully up to date across leadership, business, culture, and Nordic life.


By signing up, you agree to our Privacy Policy

Latest updates

Stay on the pulse, catch the signals

Subscribe to Listeds Leadership Intelligence Platform:

  • leader and company database access

  • email alerts

  • career, boards and interim opportunities

Join our Pulse, Best-of-the-Week, and Weekend newsletters

Join our Pulse, Best-of-the-Week, and Weekend newsletters