SPINNOVA PLC, PRESS RELEASE, 3 MARCH 2026 AT 9 A.M. UCT+2

Textile‑to‑textile recycling leader Circulose joins Spinnova’s ecosystem to accelerate technology scale‑up

Textile‑to‑textile recycling leader Circulose joins Spinnova’s ecosystem (consortium) to help advance the scale‑up of Spinnova’s technology. Spinnova has actively sought partners to accelerate commercial scale‑up, and Circulose, as a key player in textile recycling, strengthens the ecosystem by providing a raw material that is in high demand across the industry.

As a pioneer in circularity within the fashion industry, Circulose recycles cellulosic‑rich textile waste using a patented process to convert discarded textiles into dissolving pulp. Produced entirely from pre‑ and post‑consumer textile waste, this pulp can be used to manufacture regenerated fibres such as viscose, lyocell, and viscose filament.

Through this collaboration, it is intended to integrate CIRCULOSE® pulp into Spinnova’s ecosystem as a feedstock for producing new textile fibres. Unlike the chemical regeneration processes used for traditional man‑made cellulosic fibres, Spinnova’s mechanical technology enables the partners to turn CIRCULOSE® into a new biobased textile fibre without harmful chemicals or dissolving in the fibre‑spinning process. In addition, CIRCULOSE® pulp can be integrated into Spinnova’s process at 100%, eliminating the need for blending with virgin pulp and enabling higher recycled content in the final fibre.

Spinnova has successfully trialled spinning CIRCULOSE® pulp into textile fibre already in 2023, and together the partners have explored its performance in yarn spinning and fabric weaving. With the now‑announced collaboration, Spinnova and Circulose will further integrate the pulp into Spinnova’s process, expanding the offering available to other partners within the ecosystem.

“We are excited to renew our partnership with Spinnova. We strongly believe that innovation will enable man-made cellulosic fibers to play a bigger role in textiles than it does today. Spinnova is a great example of this - it is not only a sustainably produced fiber but also offers attractive performance properties. We’re excited to support their scale-up by enabling SPINNOVA® fiber production to be not only natural and bio-based, but also circular", comments Jonatan Janmark, the CEO at Circulose.

“We are happy to welcome Circulose into Spinnova’s ecosystem. Together, their textile waste‑based pulp and our patented process enable a unique circular solution and bring innovative fibre production closer to commercial scale. With our technology, CIRCULOSE® pulp can be turned into cotton‑like textile fibres instead of viscose. As demand for high‑quality textile waste‑based materials grows, this partnership allows Spinnova to secure valuable circular raw materials while supporting Circulose in expanding the use of its pulp into new, lower‑impact fibres”, says Spinnova’s CEO, Janne Poranen.

Spinnova Plc

For further information, please contact:
Janne Poranen
CEO at Spinnova
Tel. +358 20 703 2430
comms@spinnova.fi

Spinnova – The textile material innovation

Spinnova technology transforms the way textiles are manufactured globally. Based in Finland, Spinnova has developed breakthrough patented technology for making textile fibre out of wood pulp or waste, such as leather, textile, or agricultural cropping waste, without harmful chemicals or dissolving.

Spinnova technology creates no side streams in the fibre production process, and the SPINNOVA® fibre has minimal CO2 emissions and water use, as well as being biodegradable and recyclable. Spinnova technology uses a mechanical process which gives the fibre the look and feel of a natural cellulosic fibre such as cotton.

Spinnova’s shares (SPINN) are listed on the Nasdaq First North Growth Market Finland.

SPINNOVA® home: www.spinnova.com

Corporate & IR site: www.spinnovagroup.com

About Circulose

Circulose is a Swedish sustain-tech company that has developed a patented process, which enables the recycling of cellulosic textile waste, transforming it into a material called CIRCULOSE®. Fast Company named Circulose (formerly Renewcell) one of the World’s Most Innovative Companies in 2021 and was a winner of the 2023 World Changing Ideas Awards. CIRCULOSE® was also included on TIME Magazine’s list of the 100 Best Inventions 2020. Founded by innovators from Stockholm’s KTH Royal Institute of Technology in 2012, the award-winning company’s vision is to make fashion circular. To learn more please visit www.circulose.com.