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Kraig to produce spider silk based fibre in Vietnam
01 Mar '16
2 min read
Developer of spider silk based fibres Kraig Biocraft Laboratories has signed a cooperative agreement with a governmental entity in Vietnam to develop and produce its advanced silk technologies.
“Under the terms of the agreement Kraig Labs has agreed to form a subsidiary company in Vietnam and to open an advanced hybrid silk research and pilot production operation,” Kraig informed in a press release.
Kraig Labs has created an efficient method of producing high strength silks using its innovative genetic engineering technologies.
According to the company, demonstrating superior strength and elasticity, in some cases higher strength and elasticity than native spider silks, Kraig Labs' Dragon Silk has the potential to reshape the textile industry.
“The research and production agreement announced with the Vietnamese entity lays the groundwork for the production and further development of these advanced hybrid textiles,” it added.
“This agreement represents a major advancement for Kraig Labs and is the successful culmination of two years of negotiations and many more years of scientific research and development,” said CEO Kim Thompson.
“It is a key milestone in the advancement of our longstanding business plan to bring these advanced materials to the multi-billion dollar marketplace for advanced technical textiles,” she added.
Thompson further added that this agreement is important because of the tremendous existing silk and textile production infrastructure, while also bringing new technology and capability to Vietnam.
The company is currently in the process of obtaining the necessary approvals for the subsidiary and its operational plan.
Over the next several months, Kraig Labs plans to finalise the formation of the subsidiary, lease a facility, hire and train local staff, obtain permits, and begin cross breeding its silkworms with local commercial silkworm lines.
Kraig Biocraft has achieved a series of scientific breakthroughs in the area of spider silk technology with implications for the global textile industry. (AR)
“Under the terms of the agreement Kraig Labs has agreed to form a subsidiary company in Vietnam and to open an advanced hybrid silk research and pilot production operation,” Kraig informed in a press release.
Kraig Labs has created an efficient method of producing high strength silks using its innovative genetic engineering technologies.
According to the company, demonstrating superior strength and elasticity, in some cases higher strength and elasticity than native spider silks, Kraig Labs' Dragon Silk has the potential to reshape the textile industry.
“The research and production agreement announced with the Vietnamese entity lays the groundwork for the production and further development of these advanced hybrid textiles,” it added.
“This agreement represents a major advancement for Kraig Labs and is the successful culmination of two years of negotiations and many more years of scientific research and development,” said CEO Kim Thompson.
“It is a key milestone in the advancement of our longstanding business plan to bring these advanced materials to the multi-billion dollar marketplace for advanced technical textiles,” she added.
Thompson further added that this agreement is important because of the tremendous existing silk and textile production infrastructure, while also bringing new technology and capability to Vietnam.
The company is currently in the process of obtaining the necessary approvals for the subsidiary and its operational plan.
Over the next several months, Kraig Labs plans to finalise the formation of the subsidiary, lease a facility, hire and train local staff, obtain permits, and begin cross breeding its silkworms with local commercial silkworm lines.
Kraig Biocraft has achieved a series of scientific breakthroughs in the area of spider silk technology with implications for the global textile industry. (AR)
Fibre2fashion News Desk - India
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