Ecofibre Industries Operations Pty. Ltd. (EIO or ‘Ecofibre’) is a sustainable material company developing the markets and production capacity of a new raw material – Industrial Hemp (Cannabis sativa). The Company researches, tests, owns and commercialises new technologies and plant types that make it possible to grow, process and supply hemp based bio-commodities to industry more economically than has previously been possible. Ecofibre is a major part of a Group on interrelated network of companies worldwide that perform different functions in bringing a new material resource called bio-commodities to industry and ultimately consumers that are unlimited, renewable, sustainable and cost effective.
Hemp bio-commodities are the processed fractions of hemp stalks. The outer fibre (bast) and interior pith (hurd) can be processed in many ways to produce raw materials, or a significant component, in a multiplicity of manufactured products. Hemp based bio-commodities have many formats, from crude raw fibrous material through to a highly refined fibre and treated cellulose materials.
Ecofibre’s primary role within the Group is to develop a full supply chain network for the production of bio-commodities to feed both domestic and export markets wherever the opportunity and ability to grow hemp exists. The secondary role is to develop plant types adapted to temperate, sub-tropical and tropical regions worldwide.