Nanollose Limited (ASX:NC6) (FRA:N0L) is pleased to provide shareholders with the following update on its collaboration with Paradise Textiles 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.
Nanollose Limited (ASX:NC6) (FRA:N0L) is pleased to advise that it has entered into a Collaboration Agreement with Paradise Textiles Limited, a technology first, material science and innovation business, working to reinvent the fabric of fashion.