Veratin Limited is a disruptive company that is redefining the way we see and value low-grade wool.
Australia is a leading grower of wool worldwide, accounting for approximately 25% of the market, with three times as many sheep as people. However, not all this wool is suitable for the textile industry leaving an abundance of low-grade wool with little value.
Veratin purchases low-grade wool from farms reducing waste and adding value to the supply chain. We then upcycle this using green chemistry processing into high value sustainable and innovative products.
Veratin Limited (NSX:VTN) is a publicly listed company on the National Stock Exchange of Australia.