Where is your unit located? What is its capacity? Where are you sourcing all the waste products from?
We are headquartered in Perth, Australia. We have a small-scale research and development facility and work with a local world-class industrial lab. We don't plan on building a larger-scale facility at this stage. Instead, our vision is to license and partner with various industrial third parties to manufacture our plant-free cellulose, which will then be converted into sustainable fibre products.
The infrastructure is out there ready to be augmented or repurposed. Or as we say, we don't make the dots, we connect them.
In terms of sourcing the feedstock, we have initially been talking with a coconut industry partner in South East Asia. We are making steps to secure pilot-scale and ramp up supply levels of microbial cellulose. Our next step is to secure other sources of liquid organic waste (beer, wine, sugar) as a feedstock in order to continually build a larger and diverse scale of microbial cellulose.
Working closely with these industries is where we have unlocked significant mutual benefits. Each year companies pay millions to treat and properly discard their waste to be water compliant. Together we can work on a supply chain that could repurpose the waste, reduce costs and create new industry opportunities.
NC6 Price at posting:
15.0¢ Sentiment: None Disclosure: Not Held
