HELSINKI, Feb. 10, 2022 /PRNewswire/ -- Spinnova and adidas today introduce the all-new hoodie, TERREX HS1, the first adidas product made with the sustainable SPINNOVA material. This announcement marks an important milestone in SPINNOVA materials becoming available for consumers globally.
Eight months after announcing their partnership, Spinnova and adidas have unveiled the first adidas product made with SPINNOVA fibres. Composed of a minimum of 25% wood-based fibres and organic cotton, the adidas TERREX HS1 is a mid-layer knit for hikers that sees adidas exploring a more sustainable textile solution. Working with the material's natural colour, the hoodie is made without dyeing or bleaching chemicals.
A limited number of the TERREX HS1 will be made commercially available on adidas.com and in other selected retail outlets with global reach from July, marking a significant milestone in Spinnova's market entry.
- Spinnova is on a mission to transform the raw material base of the global textile industry by providing radically sustainable and high-performance textile materials. We are very proud of the revolutionary results our teams have accomplished together. Today's launch is a major milestone on our joint commercial journey, says Spinnova's CEO and co-founder Janne Poranen.
Spinnova's first commercial-scale factory is expected to be completed in Finland at the end of this year. Spinnova and its Woodspin joint venture partner Suzano have a scaling target of a million tonnes of global fibre production capacity per annum within the next 10-12 years.
As part of ensuring access to future volumes of SPINNOVA, adidas became a cornerstone investor in Spinnova's initial public offering last June.
- Using SPINNOVA fibres will allow adidas to make high-performance apparel while reducing the CO2 emissions, water consumption and waste usually required to create such products. The TERREX HS1 is a major step on adidas's journey to create nine out of 10 articles with a sustainable technology, materials, design or manufacturing method by 2025, says Carla Murphy, General Manager of adidas TERREX.
SPINNOVA is a circular textile fibre made of sustainably sourced wood, without harmful chemicals. It produces 65% less CO2 emissions and uses 99% less water than cotton production and contains zero microplastics.
Although significant in terms of Spinnova's commercialization, this launch will not have a material impact on Spinnova's financial performance in 2022, when the majority of revenues are expected to come from technology sales to its joint ventures.
CONTACT:
More information:
Janne Poranen
Chief Executive Officer
Spinnova Plc
janne.poranen@spinnova.com
+358 400 138 711
Media requests:
Emmi Berlin
Head of Communications
Spinnova Plc
+358 400 903 260
emmi.berlin@spinnova.com
Certified advisor
Alexander Corporate Finance Oy
+358 50 520 4098
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