Company Update Presentation
Perth, July 20, 2018 AEST (ABN Newswire) - Nanollose Ltd (
ASX:NC6) provides the Company Update Presentation.
INVESTMENT HIGHLIGHTS
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
COMPETITIVE ADVANTAGE:
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.
To view the full presentation, please visit:
http://abnnewswire.net/lnk/141019W3
About Nanollose Limited
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.
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