Fiabila S.A. Extends Nanotube Agreement

Posted on December 16, 2011 @ 07:30 am

Private label nail polish manufacturer Fiabila S.A., has added an additional three years to its current agreement with NaturalNano, Inc. for its Halloysite Nanotubes (HNT) natural tubes.

"This extension gives NaturalNano the opportunity to continue efforts to grow our presence in the international cosmetics market. Fiabila's announced commitment to launch its nail polish products with our HNTs into Europe represents an important part of our strategy," explained NaturalNano's CEO, James Wemett.

"Our relationship with NaturalNano continues to thrive. We have been pleased with the commercial and technical results in the USA and now Europe. It is relationships with innovative companies like NaturalNano that has been a key to our overall success. We are very pleased to extend our working agreement for three more years," said Pierre Miasnik, President of Fiabila.