Advance Nanotek
(ASX:ANO) has reported an uplift in orders from the United States covering their first quarter for financial year 2019.
They believe the reason for the unexpected significant increase in orders is the result of the preliminary negotiations held with a number of sunscreen manufacturers in the US during recent meetings.
They company's primary commercialised products include a transparent zinc oxide based broad spectrum UV absorber for use in the suncare and cosmetics sectors (ZinClear®) and an aluminium oxide pigment (Alusion®).
The company plans to visit a number of potential new distributors in Europe in early June.
Shares in Advance Nanotek
(ASX:ANO) are trading 14.9 per cent higher at $6.70.
