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CRAiLAR to supply fibre to Kowa Company
11
Jan '13
CRAiLAR Technologies Inc which produces and markets CRAiLAR, a natural fiber made from flax and other bast fibers, has signed a fiber supply agreement with Japan-based Kowa Company.

Kowa Company was founded in 1894 as a cotton wholesaler, and has since grown into a multi-national corporation at the center of the Kowa Group, which operates in textiles, consumer products, pharmaceuticals, life sciences, machinery and other disciplines.

Kowa previously evaluated finished CRAiLAR fiber for use in its lifestyle business, encompassing fashion, active apparel, and domestic goods. The Company will begin fulfilling orders from Kowa beginning this quarter.

“We are pleased to be working with Kowa Company as it gives CRAiLAR a strategic opportunity to demonstrate what 118 years of experience can bring to the advancement of sustainably in textiles, fabric and apparel in one of the world’s most discerning apparel and consumer product markets,” said Ken Barker, CEO of CRAiLAR Technologies. “Further, it provides CRAiLAR another direct entry point into Asia that complements our current global partners, expands our footprint, and points toward our long-term goal of a global supply chain.”

One of Kowa’s primary areas of focus is its lifestyle business, where it seeks to unite ecology and fashion in materials for finished goods in apparel, in-home, sports, and other consumer lifestyle categories. One of its primary brands, Tenerita, is a premier in-home sustainable brand sold in Japan and elsewhere.

Broadly, the Kowa Group employs highly-advanced, corporate-wide environmental objectives outlined by the International Organization for Standardization in ISO 14001, a voluntary family of standards that exists to help organizations minimize negative affect the environment, comply with applicable laws, regulations, and other environmentally oriented requirements, and continually improve in each area.

About CRAiLAR Technologies Inc.

CRAiLAR Technologies Inc., previously Naturally Advanced Technologies Inc., offers cost-effective and environmentally sustainable natural fiber in the form of flax, hemp and other bast fibers for use in textile, industrial, energy, medical and composite material applications. Produced using a fraction of water and chemical inputs compared with other natural fibers, CRAiLAR Flax is the newest natural fiber introduction to the market in decades.

The Company supplies its CRAiLAR Flax to HanesBrands, Georgia-Pacific, Brilliant Global Knitwear, Tuscarora Yarns, Target Corp. and Kowa Company for commercial use, and to Levi Strauss & Co., Cintas, Carhartt, Ashland, PVH Corp. and Lenzing for evaluation and development. The Company was founded in 1998 as a provider of environmentally friendly, socially responsible clothing.

CRAiLAR Technologies Inc


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