Kansai Paint Co., Ltd., a Japanese company with over 100 years of experience in the paint and coating industry, has initiated a collaboration with Spiber to develop new materials and technologies utilizing Brewed Protein™ materials. Spiber has also issued new shares through a third-party allocation to Kansai Paint at this time.

Transforming paint into a sustainable resource is at the core of Kansai Paint Group’s business activities and contributions to the local community. In this context, Kansai Paint recognizes significant potential in our philosophy, technology, and materials.

This partnership aims to advance the development of new materials by leveraging Kansai Paint’s expertise in paint and coating technologies alongside our proprietary technology platform and materials. Furthermore, Kansai Paint and Spiber will actively pursue joint research and development beyond the textile sector to facilitate the advancement of non-fiber materials, including paints and coatings.

Press release can be found here (Japanese only).