Ecoquest are in the business of manufacturing and selling biodegradable nappies both for babies and senior citizens, as well as biodegradable baby wipes.
The company's patented nappy is a timely product and with the right branding and marketing this company could go far. Last year Japan's Unicharm purchased APPP (Australian Pacific Paper Products) - Australia's second largest nappy manufacturer with 20 % of market share for $165 Million. Gresham Private Equity, controlled by Wesfarmers, was the owner of APPP.
Billions of nappies are sent to landfill every year.
Over the past few months the company has recruited an English marketing director with an impressive track record in related product retail. Sylvia Tulloch, a founding Director of Dyesol has also joined in the past few months.
Several weeks ago Korean company Boryung placed a 40 containers order. Since the middle of last week the sp has gained 33%.
Also listed in Berlin, ECQ has a current German PR program likely to raise its profile in Europe.
They've recently revamped their website - http://www.ecoquestlimited.com.au/
So an interesting outfit in my opinion. If anyone has any comments I'd be very interested to hear them.