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Novarise Renewable Resources International Limited Company Snapshot
Novarise Renewable Resources International Ltd is a producer of a range of polypropylene fiber-based products made from post-consumer polypropylene waste materials. The Company develops its own technology to utilize recycled polypropylene waste to produce polypropylene filament yarn and other finished products, such as straps and rope. Its product range includes fiber-grade recycled polypropylene pellets, which are used in the production of polypropylene filament yarn and agricultural twine; polypropylene filament yarn, which is anti-acidic, corrosion-resistant, non-toxic, wear-resistant and non-hygroscopic that is used in various applications, including consumer, agricultural, industrial and construction; polypropylene consumer webbing products, which are used for edging on beach chairs and tents, and agricultural twine. The Company expands its range of polypropylene consumer webbing products to include green shopping bags, made from recycled polypropylene filament yarn.

Sales Analysis. Novarise Renewable Resources International Limited reported sales of A$152.76 million (US$117.96 million) for the year ending December of 2014. This represents an increase of 60.1% versus 2013, when the company's sales were A$95.42 million. Sales at Novarise Renewable Resources International Limited have increased during each of the previous five years (and since 2009, sales have increased a total of 144%). Sales of Polypropylene Trading saw an increase that was more than double the company's growth rate: sales were up 496.4% in 2014, from A$12.61 million to A$75.21 million. Not all segments of Novarise Renewable Resources International Limited experienced an increase in sales in 2014: sales of Recycled Polypropylene Pellets fell 25.8% to A$14.20 million. Novarise Renewable Resources International Limited also experienced decreases in sales in Polypropylene Straps and Ropes (down 4.7% to A$44.11 million) .
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Novarise Renewable Resources International Limited
  Stock Performance Chart for Novarise Renewable Resources International Limited
  Stock Data: Recent Stock Performance:
  Current Price (9/19/2016): .16
(Figures in Australian Dollars)
1 Week n/a   13 Weeks n/a  
4 Weeks n/a   52 Weeks n/a  
Novarise Renewable Resources International Limited Key Data:
  Ticker: NOE Country: China
  Exchanges: FRA Major Industry: Consumer Durables & Apparel
    Sub Industry: Yarn Spinning Mills
  2014 Sales 152,755,804
(Year Ending Jan 2015).
Employees: N/A
  Currency: Australian Dollars Market Cap: 66,409,238
  Fiscal Yr Ends: December Shares Outstanding: 415,057,737
  Share Type: Ordinary Closely Held Shares: 270,838,185
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