Delay

Spinnova-Suzano Project Delayed

Finnish fibre textile company Spinnova and Brazil’s Suzano have postponed the pre-engineering phase for their new wood-based fibre facility, which was originally scheduled to begin in late 2024. In March 2024, the two companies formalised their plans through a Letter of Intent (LOI) to build a new manufacturing site dedicated to producing wood-based Spinnova fibre. […]