ReStalk, SFT to build N America's largest hemp pulp mill
ReStalk looks to position itself as the largest supplier of American manufactured hemp pulp
Image source: PR Newswire
ReStalk, Inc has entered into a licensing agreement with Sustainable Fiber Technologies (SFT) of Renton, WA, enabling the company to utilize the Sustainable Fiber Technologies' suite of IP to process hemp into cellulose pulp and biopolymers.
"Consumer demand for new sources of sustainable packaging is accelerating worldwide. Along with forest-based fibers, we see tremendous interest in hemp and similar alternative agricultural fibers. We believe ReStalk has the potential to successfully address unmet demand for hemp fiber and take green packaging to the next level," commented Warren Pullen, EVP at Central National Gottesman, the global leader in pulp, paper, packaging, tissue and non-wovens distribution.
ReStalk looks to position itself as the largest supplier of American manufactured hemp pulp to be used in a variety of applications, most notably, sustainable packaging. "Throughout the last several years ReStalk has searched for a technology partner that would allow us to manufacture a superior pulp product at scale with minimal environmental impact. After comparing yields and footprints with a host of technologies, SFT has proven to be best in class worldwide. We're thrilled to be moving forward as the first licensee to use hemp as the primary feedstock," noted ReStalk's President, Benjamin Cassou.
As the pandemic caused by COVID-19 continues to disrupt global supply chains, the need for scalable sustainable solutions has never been more necessary. This mill will position ReStalk as the largest supplier of American manufactured hemp pulp to be used in a variety of applications.