Biomaterials developer Spinnova has a new chief executive. Kim Poulsen took over the role on August 1 from co-founder Janne Poranen, with Mr Poranen moving to the role of executive chairman.

Mr Poulsen joins Spinnova from Kemira Chemicals, where he was global president for the group’s pulp and paper business unit. He described the move as a once-in-a-lifetime opportunity and said Spinnova was “on a mission to transform the traditional textile industry”.

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