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Global Bio-based Chemicals, Polymers and Materials Markets Report 2021 with Profiles of 500+ Companies

Global Bio-based Chemicals, Polymers and Materials Markets Report 2021 with Profiles of 500+ Companies
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Bast Fibre Technologies completes CAD$8.5 million series A equity [...] | Comunicati stampa CataniaOggi

20 maggio 2021 13:04
Fonte: Adnkronos
#ambiente
VICTORIA, BC, May 20, 2021 /PRNewswire/ Bast Fibre Technologies (BFT), a cleantech natural fibre engineering company, announces the closing of a CAD$8.5 million (US$7 million) series A equity financing. The Company will now enter its next phase of growth focused on the full-scale manufacturing and commercialization of natural bast fibres for nonwoven products.
US-based private equity firm Merida Capital Holdings is a key new shareholder in this series A financing which also includes significant participation from existing investors.
With this financing under our belt we can complete the final build out of our EU manufacturing site, continue the investment in our feedstock supply chain and enter full-scale commercialization, said CEO Noel Hall. Since our last financing 12 months ago, we now have a large number of customers using our natural bast fibres on commercial production lines, so it is critical that ....

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Bast Fibre Technologies completes CAD$8.5 million series A equity financing to begin manufacturing and commercial phase of growth

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VICTORIA, BC, May 20, 2021 /PRNewswire/ - Bast Fibre Technologies (BFT), a cleantech natural fibre engineering company, announces the closing of a CAD$8.5 million (US$7 million) series A equity financing. The Company will now enter its next phase of growth focused on the full-scale manufacturing and commercialization of natural bast fibres for nonwoven products.
US-based private equity firm Merida Capital Holdings is a key new shareholder in this series A financing which also includes significant participation from existing investors.
With this financing under our belt we can complete the final build out of our EU manufacturing site, continue the investment in our feedstock supply chain and enter full-scale commercialization, said CEO Noel Hall. Since our last financing 12 months ago, we now have a large number of customers using our natural bast fibres on commercial production lines, so it is critical that we invest in ma ....

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Global Natural Fibers Markets Report 2021 with Profiles of 140+ Players Including Ananas Anam, BASF, Bast Fiber, Kelheim Fibres, BComp, Circular Systems, Evrnu, Natural Fiber Welding, Icytos

Global Natural Fibers Markets Report 2021 with Profiles of 140+ Players Including Ananas Anam, BASF, Bast Fiber, Kelheim Fibres, BComp, Circular Systems, Evrnu, Natural Fiber Welding, Icytos
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ResearchAndMarkets.com s offering.
There are global concerns regarding the use of non-renewable materials in manufacturing, and increasing environmental legislation. There is pressure, both consumer and regulatory, for products that are more environmentally friendly and reduce dependence on fossil fuels. As a result, the use of natural fibers in products and composites will continue to grow as major contributors towards a biobased economy.
Fibers derived from bio-based sources such as plant-based (ligno) cellulosics and animal-based protein are termed natural fibers. This includes natural cellulosic fibers such as cotton, jute, sisal, coir, flax, hemp, abaca, ramie, etc.) and protein-based fibers such as wool and si ....

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INDEX 2020 Q&A: Jim Posa, Bast Fibre Tech

INDEX 2020 Q&A: Jim Posa, Bast Fibre Tech
Company is launching new fibres for absorbent hygiene and wipes into the European market, based on natural flax and hemp designed around the principles of carbon efficiency.
17th February 2021
Bast Fibre Technologies Inc (BFT) is a cleantech fibre engineering firm manufacturing specialty natural fibres for applications throughout the nonwovens industry. The company is launching new fibres for absorbent hygiene and wipes into the European market, based on natural flax and hemp designed around the principles of carbon efficiency.
“We have spent the last couple of years getting a full understanding of market needs, completing processes and developing products,” said Jim Posa, a nonwovens industry veteran who was called in as a consultant to the company two years ago and in April 2020 became its president and general manager. ....

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