The LOI outlines an important step in Spinnova’s ambitions to create an ecosystem (consortium) to enable the availability of textile materials with sustainable SPINNOVA® fibre in the textile materials market.

Tearfil is a visionary spinning mill and one of Spinnova’s key partners in increasing the industrial adoption of SPINNOVA® fibre in the global textile value chain. Tearfil will introduce yarn blends that holds SPINNOVA® fibre to the European textile players and market.

“Our brands and industrial partner’s support and expression of interest in future fibre volumes is valuable, as engaging all stakeholders across the value chain is essential. It is also a key step for our future ambitions building partnerships with whom we can continue the important work towards scaling our fibre production. Through our collaboration with Tearfil we can continue the important work in making our fibre more accessible and contributing to the ongoing development of sustainable and high-quality materials in the industry”, says Pedro Brito, the Senior Commercial Manager at Spinnova.

“We are thrilled to strengthen our partnership with Spinnova through this Letter of Intent. At Tearfil, we are committed to pioneering sustainable practices in the textile industry. The SPINNOVA® fibre is a significant advancement in sustainable materials, and we are proud to be at the forefront of its industrial adoption. This collaboration not only enhances our product offerings but also aligns with our vision of promoting environmental responsibility and innovation. We look forward to introducing yarn blends containing SPINNOVA® fibre to the European market and beyond, setting new standards for sustainability in textiles”, says Tearfil’s CEO, Maria de Belém Machado.