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“This has been achieved against the unfortunate backdrop of regulatory uncertainty – notably in the CBD sector, but also present across the whole industrial hemp industry,” Reinders said of HempFlax’s performance in 2020.

“Direct government funding is also needed to incentivize the development of carbon-negative hemp supply chains across the region,” Reinders added.

“That uncertainty threatens to stifle innovation and competitiveness,” Reinders said, calling on UK and EU lawmakers to lift maximum THC levels to 0.3% “on the field. ”Doing so would facilitate the breeding of more varieties and align the European regulatory framework with other countries, notably the U.S., Reinders said.

Still tough environment

Fiber sales were further bolstered by demand for HempFlax’s highly refined hemp fibers which are used as an alternative to glass fiber in automotive parts production. That business grew by 12% last year as rising shipping costs increased demand for locally sourced fiber, HempFlax said.

Even coming off the banner year in 2020, hemp veteran Mark Reinders, HempFlax CEO, called for a smoother playing field for European producers.

In other developments, HempFlax:

The company turns out high-quality fibers for sustainable car parts for automakers Bugatti and Porsche, and is the only company in the world whose hemp fibers are certified under International Sustainability and Carbon Certification (ISCC) standards, which cover the entire supply chain of biobased feedstocks and renewables. The standards advance natural fibers as a sustainable alternative to to synthetic, mineral and wood fibers.

“Thermo-Natur is a company I’ve long admired because it is well-known for its safe, natural and breathable materials,” said HempFlax CEO Mark Reinders. “Synthetic construction materials are simply not needed, and their usage has dire ecological and climatic consequences, be it from pollutants, carbon emissions or unhealthy living environments.”

Europe’s largest independent grower and processor of industrial hemp has announced the acquisition of a manufacturer of natural fibre insulation materials.

There’s certainly plenty of room for growth, with hemp insulation making up less than 0.5% of the 3.3 million tonnes of insulation materials used each year in construction says HempFlax.

HempFlax International Ltd says it is launching a building supplies division after acquiring German company Thermo Natur GmbH & Co. KG. HempFlax states acquiring Thermo-Natur’s existing operations and product certifications accelerates its move into this market by 18 months it would otherwise take.

Hemp’s potential in construction isn’t just limited to insulation – you can learn more about industrial hemp as a building material here.