By  on June 11, 2019

PARIS — Chanel said on Tuesday it has acquired a minority stake in green chemistry company Evolved by Nature as part of its strategy of developing sustainable materials.

Formerly known as Silk Inc., the Boston-based firm focuses on designing and developing biomaterials-based products for industries ranging from personal care to textiles and medical devices. Its Activated Silk technology, consisting of natural silk in liquid form, provides a nontoxic alternative to chemicals in products.

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