Veratin Limited
Veratin Limited is a publicly listed company (NSX:VTN) developing high value, innovative products from raw waste wool.
In Australia there are over three times as many sheep as people. Australia is a leading grower of wool world-wide, accounting for approximately 25% of the market. However, not all this wool is suitable for the textile industry leaving an abundance of low grade wool with little value.
Veratin works with local farms to purchase low grade wool that appears to have little value. We use green processing to transform this wool into sustainable high value products.