Naturally Advanced Technologies Q1 net loss widens
15 May '06
2 min read
“Second, we plan to license the CRAILAR process to apparel manufacturers to produce eco-friendly fiber garments, especially desired in the athletic and outdoor categories. In the long run, we intend to leverage the hemp fiber antibacterial properties and approach the medical industry. Overall, we believe CRAILAR will capitalize on the demand for alternatives to environmentally stressful materials such as cotton and fiberglass, which in turn will drive substantial profitable long-term growth for NAT," Kroll concluded.
Naturally Advanced Technologies Inc, formerly Hemptown Clothing Inc, is a leading provider of sustainable, environmentally- friendly fibers and fabrics. It is in the process of developing and patenting a revolutionary biotech enzyme fiber process named CRAILAR in collaboration with Canada's National Research Council and Alberta Research Council.