Kraig Biocraft Laboratories, the developer of spider silk based fibres, is to expand its production footprint in Vietnam after signing a new five-year lease on a factory through its subsidiary Prodigy Textiles.
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.
Go deeper with GlobalData
“With its close proximity to the necessary mulberry fields, and easy access to shipping ports, this facility will serve as a springboard for Kraig Labs’ introduction of spider silk into the global textile markets,” says COO Jon Rice.
The company expects to begin transferring its technology into the larger factory from the temporary facility that Prodigy Textiles has been utilising since December of 2018.
Last month, Kraig Biocraft said it was building on its partnership with US fabric maker Polartec to bring the first materials made from recombinant spider silk to the performance apparel market. The two companies have been working together since 2016 to apply the performance characteristics of spider silk into yarns for military-grade textiles.
See Also:
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
