Natural Fiber Welding, Inc. (NFW), a US-based firm that is revolutionizing the materials market by using all-natural, completely circular chemicals, has been named one of the World Economic Forum's "Technology Pioneers."
Over the next two years, NFW will contribute to WEF projects to assist solve important industry and social challenges. As a Technology Pioneer, NFW will continue to work to reduce society's reliance on petroleum by developing a textile supply chain that is fully powered by natural materials rather than oil or other limited resources.
Mirum and Clarus, NFW's proprietary technology platforms, use naturally plentiful materials to manufacture high-quality textiles without the use of plastic. NFW has invented a new class of high-performing, plastic-free, plant-based materials called Mirum, which has unlimited applications.
NFW employs a closed-loop chemical method to create radical new performance textiles from plentiful waste and virgin plant fibers, resulting in high-performance, long-lasting clothing, and products that are free of synthetics.
The World Economic Forum’s Technology Pioneers are early to growth-stage firms from across the world that are using new technology and innovation to have a big influence on business and society. NFW technologies are disrupting the linear plastic economy, and the business is expanding completely sustainable, circular materials solutions for fashion, footwear, automotive, and home applications.
Head of the Global Innovators Community, WEF, Susan Nesbitt, said they're pleased to welcome Natural Fiber Welding to their 2021 cohort of Technology Pioneers. NFW and its fellow pioneers are creating technology that can assist society in resolving some of the world's most urgent problems. They eagerly anticipate their contribution to the World Economic Forum's dedication to improving the global situation.
Luke Haverhals, NFW's founder and CEO, said the textiles sector is far too reliant on petroleum and plastic, both of which are simply too small to sustainably nourish life on the planet. In terms of abundance and potential to satisfy the demands of the world's population, regenerative agriculture and plants are limitless. At NFW, they've always aimed to develop materials that liberate product designers from the plastic supply chain while maintaining high performance.
The community picked the Technology Pioneers based on the community’s selection criteria such as innovation, impact, and leadership, as well as the company's relevance to the WEF Platforms.
A report that is issued every week covers price statistics and objective analysis of the market trends on various textile value chains
A crisp report that is issued every month covers analysis of the price and market trends on various textile value chains
A weekly report covering market and price information on the entire chain of polyester along with online access to daily polyester chain prices.
One-time reports that are issued annually cover the demand and supply trends in individual products including polyester, nylon, acrylic, viscose, and cotton.
One-time reports that are issued annually cover the demand and supply trends in the individual country's natural and manmade fiber/filament industries.
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