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Nueva Expresion Textil, S.A. ( (ES:NXT) ) has shared an update.
Nextil has partnered with Xatena Innovare S.L. to form a new venture, NextXain, which will focus on developing and marketing technology to measure and certify Scope 3 CO2 emissions exclusively for the textile sector. This initiative aligns with Nextil’s strategic plan to innovate sustainably and offers a competitive advantage by enabling eco-friendly production processes, particularly benefiting its Greendyes operations with significant resource savings and zero emissions certification.
More about Nueva Expresion Textil, S.A.
Nueva Expresión Textil, S.A. (Nextil) operates in the textile industry, focusing on providing innovative, sustainable solutions. The company is committed to enhancing its market position by integrating technology to measure and certify CO2 emissions, specifically targeting sustainable fashion and production processes.
YTD Price Performance: 5.14%
Average Trading Volume: 465,216
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €135.2M
Learn more about NXT stock on TipRanks’ Stock Analysis page.
