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Nueva Expresion Textil, S.A. ( (ES:NXT) ) has shared an update.
Nueva Expresión Textil, S.A. (Nextil) has entered into a strategic agreement with Towellers Limited, a leading textile manufacturer in Pakistan, to distribute its ecological dyeing solution, ©Greendyes, in the Pakistani market. This collaboration marks Nextil’s entry into a significant textile market and aligns with Pakistan’s efforts towards sustainable textile production. The partnership aims to capture a share of the $350 million Pakistani textile dyeing industry, contributing to environmental sustainability by reducing water, energy, and chemical usage, and lowering the carbon footprint associated with traditional dyeing processes.
More about Nueva Expresion Textil, S.A.
YTD Price Performance: -2.16%
Average Trading Volume: 393,091
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €144.8M
For an in-depth examination of NXT stock, go to TipRanks’ Stock Analysis page.