DNA Sciences Inc. (NASDAQ: APDN) , a leader in PCR-based DNA
manufacturing for product authenticity and traceability solutions, and
GHCL announced today the launch of “REKOOP”
on Amazon.com. The “REKOOP” range of bedding products is meant for
the ecologically conscious consumer who is making purchase decisions to
support the environment and is supportive of initiatives that help
reduce the carbon footprint.
Consumers are assured of REKOOP’s ecologically conscious practices
through the molecular tagging of the recycled fiber that comprise its
product line through Applied DNA’s, CertainT
platform that secures provenance and complete traceability across
the supply chain.
Reliance Industries Ltd. (RIL), India’s largest private sector company,
is GHCL’s fiber-manufacturing partner and supplies the truly ecofriendly
recycled polyester fiber – Recon® Green Gold, which is used in REKOOP
REKOOP bedding is made by blending cotton with polyester fiber obtained
from recycling post-consumer PET bottles. The concept is sustainable,
durable and free of any hazardous chemicals. There are 36 PET bottles
used for the production of every 250 TC (thread count) REKOOP sheet set
(60% cotton 40% recycled PET). This helps in the reduction of landfill
space, crude oil consumption and carbon emissions in the atmosphere.
“Powered by our CertainT platform, REKOOP brings to the mass consumer
market the ability for individuals to express their commitment to
sustainable textile practices via one of the world’s leading retailers.
As sustainability in manufacturing becomes increasingly relevant to
today’s consumer, our CertainT platform can be a hallmark for
sustainable production practices for consumers and manufacturers alike,”
stated MeiLin Wan, vice president, textiles, Applied DNA Sciences.
For more information on REKOOP, please visit www.rekoop.pet.
GHCL is a well-diversified organization with an ascertained footprint in
Chemicals, Textiles and Consumer Products segment. In Chemicals, the
company mainly manufactures Soda Ash (Anhydrous Sodium Carbonate) that
is a major raw material for Detergents & Glass industries and Sodium
Bicarbonate (baking soda). One of India’s leading manufacturers of Home
Textiles, GHCL has an integrated set up which commences right from
spinning of fiber (yarn), weaving, dyeing, printing till the finished
products, like sheets & duvets, take shape which are primarily exported
worldwide. The in-house spinning unit has the capability to manufacture
multiple varieties of 100% cotton and blended yarns at various
facilities. A perennial innovator in bed linen category some of the
recent innovations in the category of sheets include ‘Cirkularity’ – a
collection of 8 ranges that support the Circular Economy and focus on
‘reuse, reduce and recycle’, ‘Meditasi’, a health and wellness
collection with 9 ranges that include radiation control, temperature
regulation, moisture management and athletic recovery, ‘Nile Harvest’, a
foolproof traceable Egyptian cotton solution and ‘Fabfit’, a unique fit
solution where three sheets fit the six sizes of mattresses. Consumer
Products operation is another business for GHCL where it is a leader in
manufacturing and selling Edible salt, Industrial grade salt and Honey
in the country under the brand name of I-Flo.
At GHCL Ltd, Sustainability is a core element of our business strategy
as defined under the aegis of ‘GHCL Way’ which has four pillars i.e.
Responsible Stewardship, Social Inclusiveness, Promoting Relationship
and Adding Value.
About Reliance Industries
Reliance Industries (RIL) is India’s largest private sector company,
with a consolidated turnover of INR 330,180 crore ($ 50.9 billion), cash
profit of INR 42,800 crore ($ 6.6 billion), and net profit of INR 29,901
crore ($ 4.6 billion) for the year ended March 31, 2017. RIL is the
first private sector company from India to feature in Fortune’s Global
500 list of ‘World’s Largest Corporations’ – currently ranking 203rd
About Applied DNA
Applied DNA is a provider of molecular technologies that enable supply
chain security, anti-counterfeiting and anti-theft technology, product
genotyping and pre-clinical nucleic acid-based therapeutic drug
Applied DNA makes life real and safe by providing innovative,
molecular-based technology solutions and services that can help protect
products, brands, entire supply chains, and intellectual property of
companies, governments and consumers from theft, counterfeiting, fraud
The statements made by Applied DNA in this press release may be
“forward-looking” in nature within the meaning of the Private Securities
Litigation Act of 1995. Forward-looking statements describe Applied
DNA’s future plans, projections, strategies and expectations, and are
based on assumptions and involve a number of risks and uncertainties,
many of which are beyond the control of Applied DNA. Actual results
could differ materially from those projected due to its history of net
losses, limited financial resources, limited market acceptance, shifting
enforcement priorities of US federal laws relating to cannabis, and
various other factors detailed from time to time in Applied DNA’s SEC
reports and filings, including our Annual Report on Form 10-K filed on
December 18, 2018 and our subsequent quarterly report on Form 10-Q filed
on February 7, 2019, and other reports we file with the SEC, which are
available at www.sec.gov.
Applied DNA undertakes no obligation to update publicly any
forward-looking statements to reflect new information, events or
circumstances after the date hereof to reflect the occurrence of
unanticipated events, unless otherwise required by law.