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Article: Naturally Advanced Technologies Reports Second Quarter 2009 Results.(Financial report)
- Article from:
- Proteomics Weekly
- Article date:
- August 24, 2009
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Naturally Advanced Technologies Inc. (NAT, OTCBB: NADVF, TSXV: NAT), reported results for its second quarter ended June 30, 2009 (see also Naturally Advanced Technologies Inc.).
"We have achieved significant milestones to drive commercialization of our Crailar[R] Fiber Technology platform, including joint development agreements with Hanesbrands Inc. and Georgia-Pacific Consumer Products LP (GP), as well as a manufacturing agreement with G.J. Littlewoods Son and a spinning and trademark agreement with Patrick Yarns," stated Ken Barker, NAT's CEO. "As previously announced, we are shuttering our HTnaturals™ business, which impacted our cost of sales. We are ...