CRAiLAR Technologies Inc., which produces and markets CRAiLAR® Flax fiber, announced that it has executed a letter of intent to acquire a European fiber dyeing facility with more than thirty years of experience in the industry. The acquisition, which is subject to the entry into definitive agreements and prior regulatory approval, would establish CRAiLAR flax fiber production for the Company in one of the most prolific flax growing regions in Western Europe.
Automaker Daimler-Chrysler has approved the use of Philippine abaca for the exterior lining of its class A cars, which include the Plymouth and the Mercedes-Benz, Daimler-Chrysler consultant Dr. Werner Muhlbauer told the Inquirer Tuesday.
National Research Council (NRC) technology could help clothe Canadian athletes at the 2010 Winter Olympics in Whistler, B.C. and help pave the way for a range of advanced products made with industrial hemp, such as auto parts and airplane fuselages.
Premium Crops Ltd, a specialist UK crop production company, has announced the closure of its hemp and flax processing factory located in North Wales.
Proponents of a hemp-processing factory in Dauphin met with provincial officials Monday to present an updated business plan and secure financial backing. The Parkland BioFibre hemp factory would process locally grown hemp straw into fibre products.