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Inside information: Spinnova and Valmet have signed a Partnership Agreement regarding the delivery of process equipment for Spinnova’s customers

Inside information: Spinnova and Valmet have signed a Partnership Agreement regarding the delivery of process equipment for Spinnova’s customers

SPINNOVA PLC, COMPANY RELEASE, 12 AUGUST 2024 at 3:15 pm EEST

HELSINKI, Aug. 12, 2024 /PRNewswire/ — Spinnova Plc and Valmet have signed a Partnership Agreement. According to the agreement, Spinnova has appointed Valmet as the exclusive partner to supply process equipment to Spinnova’s technology customers. The exclusivity is limited in time and scope and includes an exclusivity fee based on realized project deliveries. Spinnova does not expect this to have a material impact on its 2024 financials.