Natural fibres for sustainable development

Bast Fibre Technologies is a manufacturer of 100% plant-based, intact natural fibres with the technical and performance requirements for a wide variety of nonwoven applications. BFT is using advanced fibre processing technology to transform raw fibres from cotton, hemp, and flax plants to meet the exacting standards required by the nonwoven industry.

Bast Fibre Technologies Inc. is a triple-bottom-line cleantech fibre engineering firm that places equal emphasis on social, environmental, and fiscal responsibility. BFT will begin work to expand capacity at its US-flagship facility in Lumberton and its EU-facility near Düsseldorf to create the world’s largest specialty bast fibre processing and purification company. The negotiated overall financing from A. Ahlström will help BFT to scale up to a production of over 10,000 metric tonnes of sero™ hemp fibre per year by 2023 and up to 50,000 metric tonnes per year by 2026.

www.bastfibretech.com

A. Ahlström’s shareholding 24%

Other

In A. Ahlström’s portfolio since

2022

About A. Ahlström

Building on a legacy of more than 170 years, Ahlström is a long-term industrial owner, developing leading global specialist positions in Forest & Fiber and Environmental technology sectors. Our goal is to create a better world for future generations through sustainable value creation.

Our current portfolio includes privately held companies Ahlström Invest B.V. (including a significant ownership in Ahlstrom Oyj), Munksjö Paper AB, Metsäkonepalvelu Oy, Bast Fibre Technologies Inc, M&J Recycling A/S and GPV Group A/S. In addition, we have significant holdings in listed companies Suominen Corporation, Detection Technology Plc and Glaston Corporation. We also have major real estate and forest holdings, which are managed by our fully owned subsidiary, A. Ahlström Real Estate Ltd.

Contact Info

A. Ahlström Oy, Eteläesplanadi 14,
P.O.Box 169, 00131 Helsinki
Finland

Tel. +358 10 888 18
Email: firstname.lastname@aahlstrom.com