Nanollose Ltd. (AU:NC6) has released an update.
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Nanollose Ltd has announced a non-binding term sheet with Paradise Textiles for the exclusive supply of its sustainable Nullarbor™ fibre, marking a significant step in their ongoing collaboration to innovate in the textile industry. The partnership aims to develop and promote eco-friendly fabrics while undertaking mutual due diligence and negotiating commercial terms. Both companies share a commitment to sustainability, with Nanollose leveraging its tree-free cellulose technology and Paradise Textiles bringing its material science expertise to the table.
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