Image Sourced ShutterStock
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Nanollose’s tree-free viscose fibre has been successfully converted into a non-woven fabric
  • In 2017 the non-woven market was at US$44.37 billion and is expected to reach US$98.78 billion by 2026

Nanollose announced its tree-free viscose fibre has been successfully converted into a non-woven fabric. It is believed that this is another world first sustainable material created by Nanollose.

In December 2018 Nanollose produced a sweater made with 3D technology.

This development is a significant milestone and marks the latest breakthrough in Nanollose’s extensive research and development program which is aimed at creating high performing and eco-friendly products.

The fabric was produced on a pilot scale using the standard industrial equipment and processes that are currently used by big-scale manufacturers.

Unlike traditional ways to produce rayon, that is taken from wood pulp, Nanollose’s rayon is derived from microbes that convert waste products into microbial cellulose.

This process takes less than one month and requires very little water, land and energy than other processes.

The non-woven textile market can be separated into two categories. The first is disposable and they are used for a relatively short timeframe or are single use and includes products such as gloves, wipes and surgical gowns.

The other category is durable and these usually have extended use cycles or can be used multiple times. Products include mattress fabrics, road underlay and carpeting in the car.

In 2017 the non-woven market bought in US$44.37 billion and by 2026 is expected to reach US$98.78 billion.

However, as the market continues to grow the industry will continue to use oil-based fibres such as polypropylene, polyester and nylon which have increasing environmental concerns surrounding the production.

Nanollose Executive Chairman Dr Wayne Best is happy with the support they have received and is looking forward to using the process to produce more products.

“We are delighted with the positive feedback on the non-woven fabric produced from our tree-free fibre. We are now progressing the development and uptake of our fibre technologies into both the fashion and non-woven markets,” he said.

Nanollose’s share price has jumped 29.8 percent to sit at 6.1 cents with a market cap of $3.525 million.

NC6 by the numbers
More From The Market Online

Nick Scali moves into the UK market through Fabb Furniture acquisition

Nick Scali has acquired UK-based Anglia Home Furnishings, operating under the brand Fabb Furniture.

Kogan shares smashed -26% on lacklustre quarterly update

"Kogan is pleased to announce continued strong profitability" is a strange opening for an announcement that…

Viva Leisure leaps into Northern Territory with iFitness 24/7 acquisition

Viva Leisure Limited is expanding into the Northern Territory through the acquisition of iFitness 24/7, a…
The Market Online Video

Calmer Co e-sales smash past A$10k/d mark; $320K in sales for March

ASX-listed wellness consumer discretionary player Calmer Co (ASX:CCO) has revealed its e-commerce sales hit more than…