Press release

Spinnova’s partner NZ TEX GROUP supports scaling of SPINNOVA® fibre

Spinnova PLC | Press Release | 16 June 2026, 09:00 AM EEST

NZ TEX GROUP, Spinnova’s long-term woven fabric manufacturing partner based in Bangladesh, supports the scaling of SPINNOVA® fibre by joining the Spinnova ecosystem. NZ TEX GROUP and Spinnova have jointly developed fabrics, including denim, over several years, and the partners are now formalising and strengthening their cooperation through the ecosystem model.

NZ TEX GROUP is a vertically integrated textile conglomerate established in 1982, specialising in denim and other woven fabrics. The company works closely with well-established international fashion brands, combining industrial-scale manufacturing with experience in meeting brand and market requirements.

The collaboration between the companies began with joint R&D and product development, during which SPINNOVA® fibre has been tested and applied in a range of fabric trials. NZ TEX GROUP has been responsible for weaving, dyeing, and finishing the fabrics, drawing on its expertise in denim and woven textiles. The development work has focused in particular on denim applications, where SPINNOVA® fibre has demonstrated strong suitability.

Through this collaboration, NZ TEX GROUP supports the transition from development to scalable fabric manufacturing. As part of the ecosystem, NZ TEX GROUP will utilise SPINNOVA® fibre to produce denim fabrics that will be showcased at the Kingpins New York edition in July 2026. Kingpins is a denim-focused trade show that brings together denim mills, suppliers, and brands.

“Working with NZ TEX GROUP allows us to move our denim developments closer to the market. Over the past years, we have jointly developed and refined denim fabrics using SPINNOVA® fibre, and showcasing these developments at Kingpins in New York is an important next step as we continue scaling the fibre within established textile supply chains”, says Shahriare Mahmood, Spinnova’s Chief Product and Sustainability Officer.

“This partnership perfectly aligns with our promise to deliver innovative, yet sustainable yarns and fabrics to the global clothing industry, and Spinnova’s fibre technology has strong potential for tough fabrics like denim”, comments Saleudh Zaman Khan, the Chairperson at NZ Tex Group.

Spinnova Plc

About Us
Spinnova – The textile material innovation

Spinnova technology transforms the way textiles are manufactured globally. Based in Finland, Spinnova has developed a 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

NZ TEX GROUP

NZ Tex Group is a privately held world-class textile conglomerate in Bangladesh. A truly vertical mill-setup with five integrated business units and 10 000 efficient workforce aspires NZ to extend its footprints in the global clothing and high street fashion, providing end-to-end solution to its valued customers.