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Soft N Dry Diapers Plans Public Offering with Innovative Diaper Technology
Soft N Dry Diapers Corp., a Canadian start-up, aims to transform the $85 billion diaper market with their new cellulose-free diaper core. Currently, 97% of diapers are sold in stores, making it a challenging market for new entrants. However, Soft N Dry is taking a unique approach. Their ecoLiite Core™ technology offers a 25% reduction in manufacturing costs and promises 50% better performance compared to traditional cellulose cores.
This advancement is described as the most significant innovation since the elastic waistband's introduction in the 1980s. CEO Matthew Keddy emphasizes its potential to revolutionize the industry, likening it to the "Intel inside" concept. The company's move to go public seeks to leverage these innovations for broader market penetration.
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