News and Announcements
Texus Fibre Eyes $2.9b Face Mask Market in Asia
- Published January 11, 2017 4:22PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
22nd December 2016, Stuff NZ
A Kiwi company has secured a deal it hopes will unlock a lucrative $2.9 billion Asian healthcare market.
Texus Fibre uses natural wool to develop ‘functional materials’ – meaning they do something clever scientifically.
On Thursday it announced an investment and distribution deal with Auckland firm Healthy Breath Limited (HBL) for Texus’ wool-based air filter to be used in face masks marketed to city-dwellers in Asia.
Helix Filters harness and enhance wool’s natural toxin remove properties to stay drier and work for longer, Texus ceo Nick Davenport said, making it easier for people to breath in the masks and making them more effective at blocking out pollution.
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