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Nanollose to expedite development of its lyocell fibre following $2.85 million raise Nanollose Ltd's (ASX:NC6) Wayne Best caught up with Proactive's Andrew Scott following the news it's raised $2.85 million in a strongly oversubscribed placement to institutional and sophisticated investors at an issue price of $0.10 per share. He says the funds will further strengthen the company’s balance sheet, placing Nanollose in a strong position to further advance the development and commercialisation of its nullarborTM lyocell fibre. Quick facts: Nanollose Ltd

Collaborators file joint patent for ‘tree free’ high tenacity lyocell Grasim Industries Limited, and Nanollose Limited have filed a joint patent application for a high tenacity lyocell fibre made from bacterial Cellulose. 12th January 2021 Birla Cellulose, part of the Aditya Birla Group and one of the world’s largest man-made cellulosic fibre producers, has announced that it has filed a joint patent application with innovative Australian company Nanollose for a high tenacity lyocell fibre made from bacterial cellulose. The two companies, which signed a collaboration agreement in Februar...

Birla and Nanollose file joint patent for high tenacity lyocell Grasim Industries Limited, and Nanollose Limited have filed a joint patent application for a high tenacity lyocell fibre made from bacterial Cellulose. 12th January 2021 Birla Cellulose, part of the Aditya Birla Group and one of the world’s largest man-made cellulosic fibre producers, has announced that it has filed a joint patent application with innovative Australian company Nanollose for a high tenacity lyocell fibre made from bacterial cellulose. The two companies, which signed a collaboration agreement in February 2020, wi...