Company Update Presentation
PROVEN TECHNOLOGY: Unique scalable process which transforms PLANT FREE microbial cellulose into eco-friendly fibres for textiles and other industrial applications
HIGHLY DIFFERENTIATED PRODUCT: World first Plant-Free Rayon fibre set to become an alternative to rayon and cotton fibres
LARGE ADDRESSABLE MARKETS: Initially targeting the US$500 billion textile industry with immediate focus on the US$16 billion rayon market. R&D program underway to penetrate additional markets
STRONG INTERNATIONAL DRIVERS: Brands, retailers and manufactures are urgently seeking sustainable alternatives to rayon and cotton fibers, both of which cause significant environmental issues
No trees or plants are impacted no further chemical production needed for Nanollose fibres. Easily retrofitted into current textile and clothing production methods
EXPERIENCED TEAM: Managing Director Alfie Germano has over 30 years experience in large scale textile product development, and has held VP and director positions at GAP Inc, VF Corporation, & Liz Claiborne.
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About Nanollose Ltd
Nanollose Limited (ASX:NC6) is an innovative Australian company that uses a low cost and eco-friendly fermentation process to grow fibres that could become a sustainable alternative to conventional plant-derived cellulose fibres. The Company’s process, which uses streams from various large-scale industries like sugar, wine and food, has the ability to produce ‘Plant-Free’ Cellulose. Cellulose is the hidden building block polymer most consumers know nothing about, but forms a huge part of items used in their everyday life such as clothing, paper and hygiene products.