Nanollose Ltd
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Nanollose tops up cash reserves to pursue pilot production of tree-free fibres and fabrics
Nanollose (ASX: NC6) has raised $2.85 million in an over-subscribed placement to sophisticated and professional investors, with funds to underpin pilot production of its environmentally friendly tree-free fibres and fabrics. Traditional rayon fibres are created from trees, which results in the destruction of forests. The next stage in the process for creating rayon comprises wood […]
Nanollose unveils knitted sweater made from coconut waste
Eco-friendly research and development company Nanollose (ASX: NC6) has announced the world’s first wearable garment using its trademarked Nullabor rayon fibre, sourced from sustainable coconut waste. The innovative biotechnology company today unveiled a knitted sweater made from the “tree-free” fibre, which is derived using microbes that naturally ferment liquid waste products from food industries into […]