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The relevance of trade fairs and innovation in times of economic uncertainty

A recent panel discussion regarding the upcoming Techtextil and Texprocess 2026 trade fairs highlighted a critical turning point for the textile industry. The discussion brought together four industry experts to address how innovation serves as a tool for resilience during global economic uncertainty. Olaf Schmidt, vice president textiles and...

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Business

Spinnova’s new strategy: Cost savings, lower fibre price and factory acquisition

Finnish material innovation company Spinnova (Spinnova) was forced to revise its strategy earlier this year following the withdrawal of its partner, Brazilian pulp and paper producer Suzano. Spinnova has now revealed its primary focus for 2025 and 2026. Spinnova’s fibre can be used in many types of materials, but production costs remain high. By...

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