The process developed by Cellexcel will enable manufacturers to fabricate bio-composite materials which are resistant to water absorption. The material therefore maintains its strength over time, so can be used in outdoor applications. Cellexcel will enable manufacturers by:
1. Licensing technology to existing manufacturers of composite materials, so that they can manufacture the Cellexcellent material and sell it into outdoor applications – a market previously closed to them;
2. Contracting manufacturers of other materials such as fiberglass, who have expertise and capacity relevant to composites, to manufacture the Cellexcellent material for Cellexcel customers with whom we have stimulated demand.