Nanollose needs to get a wriggle on with their promises of revenue from deals for Jelli Grow and Nullabor materials that are ready for sale.
Another WA-based company, Uluu, is doing similar stuff using seaweed farms as renewable feedstock, making plastic pellets that can then be spun into yarn as an alternative to polyester textiles along with other applications.
Nanollose has been operating for 6 more years than Uluu but I feel like Uluu's doing a much better job at getting out there and promoting themselves, and without any deals for Nullabor, they seem to be at the same point in the commercial pipeline.
Of course there's space for them both to operate, and Nanollose's Nullabor fibre seems to have more use within the types of fabric it can be used in, but it leaves a bad taste in the mouth seeing them stagnate at the same point for so long with little shareholder communication, whilst a similar Aussie company rapidly closes the gap.
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