Nanollose (ASX:NC6) - Executive Chairman, Dr Wayne Best
Executive Chairman, Dr Wayne Best
Source: Wayne Best/LinkedIn
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  • Biomaterials company Nanollose (NC6) successfully completed its first pilot scale spin of its Nullarbor-20 fibre
  • The spin was completed by Nanollose’s strategic partner, with it demonstrating the capacity for its technology to be integrated into existing settings to spin the fibre at scale
  • The pilot spin consisted of 20 per cent microbial cellulose and 80 per cent conventional wood pulp to produce 250 kilograms of Nullarbor-20
  • Nanollose’s Nullarbor lyocell fibre is finer than silk and stronger than traditional lyocell and can be used in textiles, apparel and non-woven applications
  • Shares in Nanollose are down 4.55 per cent on the market and are trading at 10.5 cents

Biomaterials company Nanollose (NC6) has successfully completed its first pilot-scale spin of its Nullarbor-20 fibre.

The spin was completed by Nanollose’s strategic partner Birla Cellulose, with it demonstrating the capacity for the company’s technology to be easily integrated into existing factory settings to spin the fibre at scale.

The pilot spin consisted of 20 per cent microbial cellulose and 80 per cent conventional wood pulp to produce 250 kilograms of Nullarbor-20.

Nanollose will aim to increase the scale and percentage of microbial cellulose in further spins to allow it to produce Nullarbor-20 with varied amounts of microbial cellulose.

The company uses an eco-friendly fermentation process to grow fibres for textiles, apparel and non-woven applications.

Its Nullarbor lyocell fibre is finer than silk and stronger than traditional lyocell. Lyocell is a form of rayon, which is a natural fibre made from wood and agricultural products.

Further, Nanollose is continuing to work with its fashion consultant Carla Woidt to advance discussions with prospective partners.

The company expects to formalise these discussions in the coming months and provide updates as partners receive samples.

“The completion of our first pilot plant spin is a significant milestone in the company’s development and provides clear proof of concept of our offering at scale,” Executive Chairman Dr Wayne Best commented.

“In the lead up to completion, we have been approached by a number of notable potential partners, and are pleased to now be in a position to enter into formal negotiations for the supply of sample fibre, yarns, and/or fabric for testing purposes and due diligence for future offtake agreements.”

“We are fortunate to partner with Birla Cellulose for this process, as their commitment to sustainability and involvement in the process has significantly fast-tracked the progress of our innovative technology.”

Shares in Nanollose were down 4.55 per cent on the market and were trading at 10.5 cents at 11:47 am AEDT.

NC6 by the numbers
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