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Government and Industry Partner to Boost New Zealand Strong Wool Value with Innovative Products
2 hours ago | 39 viewsThe New Zealand Government and industry are partnering to transform strong wool into high-value products like inks, 3D printing materials, and bioplastics through an $8 million contribution to a $20 million project led by Wool Source Manufacturing Limited. The initiative will establish a large-scale manufacturing facility in Christchurch to produce wool-derived particles and powders for global markets worth over $50 billion, promoting sustainable, renewable alternatives to fossil fuel-based materials. This project aims to increase farmgate returns, support rural communities, and redirect up to 20% of the strong wool clip into premium applications, enhancing the sector's resilience and sustainability.
Tags: Todd McClay Mark Patterson Wool Source Manufacturing Limited New Zealand strong wool Primary Sector Growth Fund Christchurch bioplastics 3D printing Agriculture Minister
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