| Type | Public (TSX-V: NAT, OTCBB: NADVF) |
|---|---|
| Industry | Cleantech |
| Genre | Corporate histories |
| Founded | Vancouver, British Columbia, Canada (1998) |
| Founder(s) | Jason Finnis |
| Headquarters | Vancouver, British Columbia, Canada |
| Key people | Miljenko Horvat (Chairman) Ken Barker (CEO) Jason Finnis (COO) Larisa Harrison (CAO) Guy Prevost (CFO) |
| Products | Synthetic fiber, Natural fiber, Apparel |
| Revenue | US$2,491,000 (2007)[1] |
| Subsidiaries | Crailar Fiber Technologies, HTnaturals Apparel Corp. |
| Website | NaturallyAdvanced.com |
Naturally Advanced Technologies is a Vancouver, BC-based cleantech company focused on providing textile, composite and pulping solutions, through the processing of industrial hemp, and other bast fibers. The company states that it believes that using hemp as an alternative to other fibers results in end products which are more environmentally-friendly than those currently produced using conventional feedstock.[2] Naturally Advanced is now developing and commercializing[3] its proprietary CRAILAR fiber processing technology in partnership with the National Research Council of Canada and the Alberta Research Council.[4] The CRAILAR process and resulting products and by-products are expected to have applications in apparel, performance textiles, energy, composite materials, and pulp and paper markets.[5]
Contents |
Naturally Advanced comprises two wholly owned subsidiaries – Crailar Fiber Technologies Inc. and HTnaturals Apparel Corp. Naturally Advanced is the parent company whose shares are publicly traded.[6]
Naturally Advanced Technologies was founded as Hemptown Clothing in 1998.[7] Originally a clothing company focusing on hemp, the company name was officially changed to Naturally Advanced Technologies Inc. in 2006 to reflect its new stated direction as a developer of technology.[8] The company has claimed to operate on a triple-bottom-line philosophy since its founding. The apparel division of Naturally Advanced is now called HTnaturals.[9]
Naturally Advanced products are marketed through its subsidiaries. Crailar Fiber Technologies is in the commercialization stage of its line of CRAILAR products. HTnaturals provides natural and organic clothing through third party retailers and a factory outlet, as well as its website.