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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 20%
Other
In A. Ahlström’s portfolio since
2022