Spinnova

If the test runs are successful, continuous production at the demo plant will be possible from the end of 2026, although the main purpose of the test runs is to demonstrate the improved cost-efficiency of the production technology.

Sulzer's expertise accelerates industrialization, but we estimate that a commercial breakthrough is still at least a year away.

The new partnership strengthens Spinnova's raw material base for textile waste-based solutions.

Spinnova appears to have made significant progress in the second half of the year in reducing the production and investment costs of its technology.

At first glance, the company appears to have made progress in reducing the production and investment costs of its technology, but the remaining time until a commercial breakthrough is very difficult to estimate, even in light of new information.

In the report, we are particularly interested in comments on the progress of strategy execution, the development of the technology's cost-competitiveness, and the role of the consortium being built around the fiber.

Spinnova and international fashion company BESTSELLER are expanding their collaboration as JACK & JONES introduces new products made from SPINNOVA® fiber to its collection.

Spinnova announced on Tuesday that it had signed a letter of intent with the Brazilian techwear brand INSIDER.

The aim of the agreement is to ensure the future availability of SPINNOVA® fibers and to support the industrial adoption of the fiber.

We believe this new brand partnership is a positive addition to Spinnova's network of partners and will support the long-term outlook for demand of fiber produced using the company's technology. However, we do not believe that the agreement will have a significant financial impact in the near future. Reducing technology investment and production costs and identifying technology investment partners continue to play a key role in the company's commercialization efforts.