var rotateSpeed = 30;
var texture : Texture;

function Start() {
// Create a new material with a shader
// that rotates the texture. Texture rotation
// is performed with a _Rotation matrix.
var m : Material = new Material (
"Shader \"Rotating Texture\" {" +
"Properties { _MainTex (\"Base\", 2D) = \"white\" {} }" +
"SubShader {" +
" Pass {" +
" Material { Diffuse (1,1,1,0) Ambient (1,1,1,0) }" +
" Lighting On" +
" SetTexture [_MainTex] {" +
" matrix [_Rotation]" +
" combine texture * primary double, texture" +
" }" +
" }" +
"}" +
"}"
);
m.mainTexture = texture;
renderer.material = m;
}

function Update() {
// Construct a rotation matrix and set it for the shader
var rot = Quaternion.Euler (0, 0, Time.time * rotateSpeed);
var m = Matrix4x4.TRS (Vector3.zero, rot, Vector3(1,1,1) );
renderer.material.SetMatrix ("_Rotation", m);
}