NAT and Ashland Inc. Agree to Jointly Develop CRAiLEX High Grade Dissolving Pulp

13/06/2011 at 6:53 am Leave a comment

Today we are pleased to announce that we have entered into a joint development agreement for CRAiLEX™ high-grade dissolving pulp with Hercules Incorporated, a subsidiary of Ashland Inc. (NYSE:ASH).

CRAiLEX is the brand name for the purified pulp created from our exclusively held patented process.  In recent tests, CRAiLEX has proven to exhibit higher-grade value pulps than any other hard- or soft-wood pulps.  The pulps are being used by Ashland to create their line of cellulosic products for multiple industries.
“This is the start of our CRAiLEX technology roll out,” said Ken Barker, CEO of NAT.  “In the same manner and strategy we employed to bring our CRAiLAR® technology to commercialization, partnering with an industry leader such as Ashland Inc. is a key milestone in the development of CRAiLEX.  We are extremely proud of the opportunity and partnership potential in working with Ashland.”

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Entry filed under: Business, Cleantech, Environment, Sustainability. Tags: , , , , , , , .

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