Posts filed under ‘Cotton’

Corporate Eco Forum, The Nature Conservancy Release Report That Includes Naturally Advanced

We are always on the lookout for industry data that supports the value proposition of CRAiLAR, but are especially excited to be included in the newly released report, “The New Business Imperative: Valuing Natural Capital,” which reviews best practices of environmental stewardship by 24 global brands including Dell, Disney, Nike, Unilever, and, our longest-running partner, HanesBrands.

Broadly, the report outlines four main environmental and corporate benefits of conserving natural resources: 1) reduce risks, 2) cut costs, 3) enhance brand, and 4) fuel growth.

Announced with the Corporate Eco Forum and The Nature Conservancy at the September 2011 meeting of the Clinton Global Initiative, the report concludes with each of the 24 companies’ commitments to “demonstrate the need for business to protect and restore green infrastructure around the world including forests, fresh water and marine systems.”

In its commitment statement, HanesBrands, with which we announced a 10-year purchasing agreement in March 2011, outlined its approach to optimization of resources as it impacts Freshwater, Soil and Forests:

“HanesBrands is excited to introduce flax fiber to its product line, which we hope will not only provide a superior, natural product to our customers by enhancing wicking capabilities and durability when combined with cotton but also offer several ecological benefits including reduced pesticide use, lower water use, improved soil health and avoided deforestation.”


– Mike Faircloth, Chief Supply Chain Officer, HanesBrands Inc.

The 350-word statement goes on to outline HanesBrands’ commitment to working with NAT on manufacturing, agronomics, and industry adoption. Click here to view the full report.

 

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24/06/2012 at 1:11 pm Leave a comment

China Likely to Pressure Cotton Prices

Alexandra Wexler reports today that “despite heavy purchases, China still needs millions of tons of cotton to feed its mills”, “traders are positioning themselves for a rise in cotton prices.”  For the full article, click here.

30/04/2012 at 2:28 pm Leave a comment

NAT establishing new facility in Florence County

Investment expected to create 25 new jobs

COLUMBIA, S.C. – Naturally Advanced Technologies Inc., which produces and markets CRAiLAR®, a natural fiber made from flax and other bast fibers, plans to open a facility in Florence County. An initial $8 million investment will create 25 jobs as part of the company’s move to the county.

“We thank the state of South Carolina, Florence County and all those who helped to establish the company’s presence in South Carolina,” said Ken Barker, CEO of NAT. “We are proud to see our investments and hard work beginning to pay off in the form of the production of CRAiLAR for commercial use. We’re particularly excited that Hanesbrands, our first production partner for Crailar, is being recognized this month for its sustainability efforts by the U.S. Environmental Protection Agency, and that it cited the use of our flax fiber, produced out of our test facility in Kingstree, in its EcoSmart socks available at retail in April. We look forward to further establishing our commercial, agricultural and civic partnerships in the state.”

To read the full story click here.

13/03/2012 at 12:15 pm Leave a comment

Just When You Thought These Retailers Were Safe

Just when it seemed as if the price of cotton was heading down and clothing retailers could get back to the important business of style rather than the tedious business of product costs, India goes and drops the hammer on the cotton market. On Monday, the Indian government announced that it will immediately and indefinitely ban all cotton exports, including shipments that had already been scheduled but not yet shipped.

Not this again
Around this time last year, clothing retailers were struggling to survive after the price of cotton had nearly tripled in just one year. Despite a long drought in Texas, where much of the United States’ cotton is grown, prices fell by more than 50% throughout the year. The United States is the world’s biggest cotton exporter, but the trouble here was outweighed by what is projected to be a record harvest in Australia and softening global demand.  To read the full story click here.

12/03/2012 at 1:07 pm Leave a comment

India Bans Cotton Exports; Global Prices Jump

(Reuters) – India banned cotton exports with immediate effect on Monday to ensure supplies for domestic mills, boosting global prices some 4.5 percent as the absence of shipments from the world’s second-largest producer might tighten a market facing weak demand. Read the full story here.

05/03/2012 at 11:20 am Leave a comment

Lack of Eco-Clothing Hampers Sales

Consumers would increase sustainable apparel purchasing if only they could find it, according to a survey by Ryan Partnership Chicago and Mambo Sprouts Marketing.

Some 69 percent of consumers considered sustainability at least sometimes when purchasing clothing in 2011 and shoppers intend to double their eco-apparel purchases this year, according to the 2012 Styling Sustainability survey.  Click here for full story.

27/02/2012 at 3:37 pm Leave a comment

NAT, Tuscarora Team To Develop CRAiLAR® Flax Blends For New Application

Naturally Advanced Technologies Inc. (NAT), Vancouver, Canada, has granted a non-exclusive, non-transferable license to Mt. Pleasant, N.C.-based Tuscarora Yarns Inc., under which Tuscarora will design and manufacture specialty yarns containing blends of NAT’s CRAiLAR® Flax fiber with cotton or other fibers. The yarns are being developed for sale and distribution to third-party Crailar licensees. NAT expects the partnership will open avenues for the fiber’s use in heretofore-unexplored apparel and home furnishings sectors.

“Tuscarora is one of the most innovative yarn spinners in the world, and has the ability to prepare us for entry into several unexplored categories such as couture fashion, sports performance, extreme weather gear, and certain sectors of home furnishings,” said NAT CEO Ken Barker. “This agreement will seek to push the applications of CRAiLAR beyond our first phase of cotton blending and establish new market sectors for this unique and sustainable natural fiber.”

Crailar technology comprises an enzymatic process that converts bast fibers such as hemp, flax, jute and kenaf into materials that are as soft as cotton but more durable and eco-friendly, according to NAT. These bast fibers can be blended with cotton and other fibers; and can be processed using existing spinning, weaving, knitting or other fabric-forming processes. Applications range from various apparel and home textiles products to industrial textiles.  To read the full story please click here.

01/02/2012 at 3:16 pm Leave a comment

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