Kraig Biocraft has opened a new facility in Vietnam. This facility will have capacity, utility and security to support the planned growth in Vietnam through the first phase of operations and will be the launch pad for future expansion on a pre-designated 50 hectare parcel of land located nearby.
The company selected this facility due to its proximity to mulberry production, building layout, condition, utilities, and its proximity to shipping ports and the company’s planned 50 hectare future campus.
Kraig Biocraft Laboratories, based in the US, is a biotechnology company, and a leading developer of genetically engineered spider silk based fiber technologies. The company has achieved a series of scientific breakthroughs in spider silk technology with implications for global textile industry.
Vietnam has been the focus of company’s efforts to launch a commercial scale production of recombinant spider silk, due to the country’s existing silk production infrastructure. Kraig estimates it can produce its recombinant spider silk at prices similar to ordinary silk, given the company a tremendous competitive advantage.
The company has produced the first recombinant spider silk cocoons from the new line of hybrid transgenic silkworms recently created at its production and research facility.