NC6 11.8% 1.9¢ nanollose limited

Ann: Paradise Textiles Term Sheet for Exclusive Supply of Fibre, page-31

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    Inditex, via their Zara label, have launched a 2nd collection using Circ Lyocell, derived from 50% recycled textile waste.

    Given the "exclusivity" nature of this term sheet, we obviously selected Alpine Group ( Paradise Textiles ) over Inditex.
    Let's hope we can nail down this agreement soon, and put some urgency & capital behind scaling up, and subsequently getting brands supplied by Alpine Group ( such as Calvin Klein, Gap & Under Armour ) to market with Nullabor ASAP.

    From what I have been able to research, Nanollose is the only disruptive cellulose technology Paradise Textiles have that is "on the boil" - and they are negotiating for EXCLUSIVE access.

    Given it is Lewis from Paradise Textiles that is liking post, the pressure must be building within their organisation on the sustainability/MMCF front.

    https://hotcopper.com.au/data/attachments/6385/6385844-2ba9e16993e005f949fce4a39135828b.jpg
    Last edited by Quiltman: 16/08/24
 
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