MIAMI BEACH, Florida, March 31, 2022 - PRESS RELEASE - IND HEMP and Hempitecture announced the coordinated supply chain partnership to produce and manufacture natural hemp fibers for Hempitecture's nonwoven Hempwool insulation in the western United States. IND HEMP coordinates genetics, agronomy, and contracting production acres of industrial hemp fiber in Montana, Oregon, Washington, and now Idaho.
"Hempitecture's partnership with IND HEMP represents more than just a critical supply chain solution. It represents the restoration of American manufacturing, the empowerment of rural economies, and forward-thinking innovation in sustainable materials. We look forward to innovating the building products of the future with IND HEMP's processed hemp fiber," shares Hempitecture Co-Founder and CEO Mattie Mead.
The two companies share values and a strong commitment to sustainability and doing better for the planet. The companies are aligned and working together with other stakeholders to present industrial hemp and its use in products to compete in the XPRIZE Carbon Removal Challenge. The Elon Musk Foundation funds the challenge with $100 Million in prize rewards to spur innovation in technologies and products to remove and sequester CO² from the atmosphere, with modeled plans to scale to a gigaton of CO² removed annually.
"IND HEMP is dedicated to supporting rural economies and providing sustainable solutions to industry. We are excited about Hempitecture's products and [the] use of natural fiber in construction materials. This continues to showcase how IND HEMP's products and sustainability benefits can be adopted successfully across a wide range of applications," said Trey Riddle, IND HEMP chief strategy officer.
