Norske Skog presented at Sparebank 1 Digital Energy Conference 2021
Norske Skog presented its CEBINA (nanocellulose) and CEBICO (bio composites) products at the Sparebank 1 Digital Energy Conference 2021. Please find the presentation attached to this press release.
Norske Skog has developed bio products at the Saugbrugs mill in Halden since 2005, with particular focus on both nanocellulose (CEBINA) and bio composites (CEBICO). Significant progress has been made for both products over the past years, and in Q4 2020 Norske Skog realised the commercial sales break-through and proof-of-concept for its CEBINA product. This formed the commercial foundation for continued work in 2021 to secure an international distribution agreement. Also in Q4 2020, Norske Skog received a grant of approximately NOK 15 million from innovation Norway to build a demonstration pilot plant expected to be finalised during Q3 2021. The pilot plant will have an annual capacity of 300 tonnes of CEBICO pellets, and thus enable further qualification testing and commercial development of CEBICO.
- It is very exciting to see the strong interest received from the industry for our CEBINA and CEBICO products. The products are not only an environmental alternative to existing products, but also outperform and improve cost efficiency in several applications, says Hugo Harstad, Commercial Development Director of CEBINA and CEBICO at Norske Skog Saugbrugs.
- The development of nanocellulose and bio composites at Saugbrugs has been a mill-wide effort for several years, allowing motivated and highly competent staff to show ingenuity in utilising their leading expertise on fibre refining and process industry to develop sustainable products for the future, says Kjell-Arve Kure, General Manager at Norske Skog Saugbrugs.
About Norske Skog
Norske Skog is a world leading producer of publication paper with strong market positions and customer relations in Europe and Australasia. The Norske Skog Group operates four mills in Europe, two of which will produce recycled containerboard following planned conversion projects. In addition, the Group operates two paper mills and a wood pellets plant in Australasia. Norske Skog aims to further diversify its operations and continue its transformation into a growing and high-margin business through a range of promising fibre projects. The Group has approximately 2,300 employees in five countries, is headquartered in Norway and listed on the Oslo Stock Exchange under the ticker code NSKOG.
Communications and Public Affairs
For further information:
Norske Skog media:
Vice President Communication and Public Affairs
Mob: +47 917 63 117
Norske Skog financial markets:
Investor Relation Manager
Mob: +47 906 12 919