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Applied DNA signs MoU with chemical firm Stahl

15
Apr '19
Pic: Applied DNA
Pic: Applied DNA
Applied DNA, a leader in PCR-based DNA manufacturing for product authenticity and traceability solutions, has signed a non-binding Memorandum of Understanding (MoU) with Netherlands-based Stahl, a leader in process chemicals for leather products, performance coatings and other substrates. The MoU is expected to be followed by a definitive agreement.

Under the terms of the MoU, the parties will continue the evaluation of molecular tagging of process chemicals and coatings utilising Stahl’s product offerings as a point of entry into supply chains for the company’s molecular tags. Stahl will provide technical expertise to the company relating to the process chemicals used in leather manufacturing, according to Applied DNA.

“Stahl’s global sales and support footprint, coupled with broad access to its customer base that spans global brands and their supply chains, makes it an ideal partner through which to expand, implement and support our CertainT authentication and traceability platform. We believe this partnership should accelerate our entry into the leather market. We look forward to a long and productive relationship with Stahl,” James Hayward, president and CEO of Applied DNA said.

“We see a bright future for molecular tagging. Leather is just one of many industries which could benefit by having the capability to improve traceability. As a process chemical manufacturer, we are a logical point of entry into a whole range of supply chains for Applied DNA’s molecular tags,” Mike Costello, director of sustainability at Stahl said. (GK)

Fibre2Fashion News Desk – India


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