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May 21, 2019

Kraig Biocraft takes next steps in Vietnam

By Hannah Abdulla

Kraig Biocraft Laboratories, the developer of spider silk based fibres, has announced its subsidiary Prodigy Textiles has officially taken possession of its factory in Vietnam.

The roughly 50,000sq ft facility in Quang Nam province is expected to play a major role in supporting the company’s increasing production capacity of its proprietary recombinant spider silk technologies.

The company signed a five-year lease on the facility earlier this month and is now retrofitting the space to produce recombinant spider silk materials. Remodelling efforts are expected to be “minimal and completed quickly”, the firm says. 

“Our people on the ground, in Vietnam, are wasting no time getting this facility into operation.  We have outlined a very aggressive timeline for bringing the factory online and we are monitoring progress daily,” said Kraig’s COO Jon Rice.  “We are very pleased to see how quickly things are moving and look forward to completing the transition.  We expect to make delivery of the first production batch, of our recombinant spider silk thread, from this factory to one of our strategic market channel partners in the third or fourth quarter.”

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