Spinnova Plc is a Finnish textile material innovation company that has developed a breakthrough patented technology for making textile fibre from wood, pulp, or waste, without harmful dissolving chemicals. The company has developed a machine, which can transform cellulosic pulp into fiber for the textile industry. The company’s headquarters and pilot factory are located in Jyväskylä, Finland, and it has offices in Helsinki, Finland. In 2021, Spinnova and its partner, Suzano Papel e Celulose announced plans to build the first commercial-scale fiber production facility in Jyväskylä. The facility, called Woodspin, opened in May 2023, with a capacity to produce 1,000 tonnes of sustainable, recyclable and fully biodegradable textile fibre from responsibly-grown wood each year. In March 2024, Spinnova announced to update its strategy and targets, which focuses on technology sales. Wikipedia