BRG Borregaard

Borregaard ASA: Lignin raw material supply from the former Flambeau mill to be resumed

Borregaard ASA: Lignin raw material supply from the former Flambeau mill to be resumed

A new operator, Park Falls Development, is in the process of starting up pulp and paper production at the former Flambeau River Papers mill in Park Falls, Wisconsin, USA, which was shut down for financial reasons in September 2019.

Borregaard has entered into a three-year agreement for the supply of lignin raw material coming from Park Falls. The annual quantities will be approximately 40,000 metric tonnes dry substance, and deliveries to Borregaard are expected to start gradually during September. The lignin from Park Falls is extracted by calcium sulphite pulping, and the main wood species used is birch.

- We are pleased to once again have access to the lignin from Park Falls, which will complement our offering to the industrial and construction industries in the North American market. This will bring our current global lignin capacity close to 400,000 tonnes, says Tom Erik Foss-Jacobsen, Executive Vice President BioSolutions.

Sarpsborg, 28 August 2020

Contact:

Jørn Syvertsen, Director Investor Relations,

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

 

EN
28/08/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Borregaard

 PRESS RELEASE

Borregaard ASA: Reporting of transactions in Borregaard ASA's shares m...

Borregaard ASA: Reporting of transactions in Borregaard ASA's shares made by person discharging managerial responsibilities Borregaard's Board of Directors has issued 30,000 share options in relation to the CEO appointment. Reference is made to stock exchange release on 23 May 2025. The options will expire after five years (1 August 2030) and may be exercised in the last two years. The strike price of the options is NOK 219.31, based on the volume-weighted average share price (VWAP) over the last three trading days in July 2025 (29, 30 and 31 July), plus a 10% premium. The strike price wil...

 PRESS RELEASE

Borregaard ASA: New CEO reinforces Borregaard’s commitment to speciali...

Borregaard ASA: New CEO reinforces Borregaard’s commitment to specialisation and value growth Tom Erik Foss-Jacobsen assumed his position as Borregaard’s new CEO on 1 August (see notice to Oslo Stock Exchange 23 May 2025). “Borregaard is well positioned with six production units, three R&D centres, and thirteen sales offices in key markets across Europe, the Americas, and Asia. We will continue to build on this solid foundation and our highly skilled organisation to advance our strategy of specialisation and value growth. Borregaard will continue to build on a strong legacy of specialisati...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch