Daika has developed a new material which is 100% natural and is located at Jerusalem, Israel. The material is composed from natural materials (no plastics or petroleum-based materials) and wood waste particles. We have an initial proof-of-concept in industrial manufacturing processes. The resulting products retain the unique properties of wood such as warmth, sense and acoustics and can be processed as regular wood. We have targeted consumer products and packaging as the first markets we are starting with and looking into construction materials for the next stage.