Finnish biomaterials company Spinnova has reported full-year revenues of almost €24.3 million for 2022, an increase of more than 300% year on year.

On releasing the figures, the company said its Respin project is moving forward. Spinnova launched Respin in 2021 as a joint venture with Ecco Leather and wet blue, crust and split supplier KT Trading. Respin involves taking fibre from leather waste to spin yarn that can then be woven or knitted.

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