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Nanollose Ltd. ( (AU:NC6) ) has provided an update.
Nanollose Limited held its 2025 Annual General Meeting, where all resolutions were determined by a poll. The company continues to advance its partnership with Birla Cellulose, having completed three successful pilot production runs of its Tree-Free Nullarbor lyocell fibre in India. These fibres have been distributed to collaborators for further testing and evaluation, indicating potential market uptake. This progress underscores Nanollose’s commitment to sustainable innovation and its strategic positioning in the biomaterials industry.
More about Nanollose Ltd.
Nanollose Limited is a leading biomaterials company focused on commercializing scalable technology to create eco-friendly fibres, fabrics, and other novel materials with minimal environmental impact. The company utilizes an innovative fermentation process that uses agricultural waste and by-products to produce cellulose, which is traditionally derived from trees. This ‘Tree-Free’ cellulose is then used to develop a range of biomaterials, including Nullarbor™ fibres, MicroGel™ horticultural medium, and emerging animal-free and plastic-free leather-like materials.
Average Trading Volume: 116,166
Technical Sentiment Signal: Sell
Current Market Cap: A$15.14M
Find detailed analytics on NC6 stock on TipRanks’ Stock Analysis page.