Posts tagged "New Zealand wool"

US company buys NZ wool for home insulation

[5 August/Stuff] New Zealand wool producers have landed a contract to supply a U.S. company with fibre for home insulation. They claim wool was a healthier alternative to fibreglass, which has been disputed by fibreglass manufacturers. The deal would include 200 tonnes of Landcorp coarse wool supplied to Havelock Wool. Havelock Wool Managing Partner, Andrew...

Wool bosses happy with performance

[28 November/ NZ Herald] Wools of New Zealand Chairman, Mark Shadbolt said he was satisfied with the company’s performance for the 2017 financial year amid challenging market conditions. The company reported a net loss after tax of $321k, compared with a net profit after tax of $1.48 million in the previous year. Mr Shadbolt said...

NZ company Fifth Breath launches woollen yoga mat

[7 November/ Stuff] Fifth Breath has launched the first wool yoga mat. Co-Founders Dana McKenzie and Irina Arya have spent the past year working to retain the functionality expected by yoga followers. The Co-Founders are engineers, and a passion for wool and yoga prompted them to build Fifth Breath Ltd, a company aiming to provide...

NZ wool market shows signs of life in latest auction

[14 July/ National Business Review] A weaker dollar and wider range of wool types offered has helped lift New Zealand wool prices at a more robust clearance rate. 77 percent of the 4,432 bales offered were cleared and prices were higher than last week’s North Island sale. The coarse crossbred indicator showed a 9-cent prices...