NEXE Innovations Inc V.NEXE

Alternate Symbol(s): NEXNF

Forest Products Paper & Paper Products

NEXE Innovations Inc. is a Canada-based company, which operates as a manufacturer of fully compostable materials. The Company is focused on providing compostable material solutions and packaging to the business-to-business (B2B) segment to help businesses achieve their sustainability goals. It designs, manufactures, and commercializes fully compostable materials for everyday consumer product. It has developed a proprietary and patented compostable material that can withstand heat, pressure, and water. The Company's flagship product is its BPI-certified compostable single-serve beverage pods that are compatible with single-serve coffee-format machines (the NEXE Pods). The NEXE pod is compatible with major coffee brewing machines and is manufactured at the Company's vertically integrated facility based in North America. It provides compostable solutions for a variety of uses and products, including tea, yogurt cups, cosmetic, and pharma containers.

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NEXE Innovations Inc > Team Eddy asked a key question!

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Comment by lscfaon Jan 19, 2021 8:12am

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Post# 32324569

RE:Team Eddy asked a key question!

Co. is not saying if their pods are price competitive with existing products. I suspect not. They are counting on consumers paying a premium to be eco-friendly. Now they have to sell direct to consumers to prove it before the big players will get on board.