Borregaard (BRG) Company presentation summary

Business model and strategy

• Operates an advanced biorefinery model, converting wood into high-value biochemicals, biomaterials, and fine chemicals, with 94% raw material utilization and a diversified product portfolio of 800 products across global markets.

• Focuses on specialisation in global niche markets with high barriers to entry, leveraging application knowledge, innovation, and proximity to customers.

• Strategic priorities include increased specialisation, value growth, targeted investments, and leveraging sustainability and regulatory trends as value drivers.

• Maintains a market-driven organization with dedicated sales teams and a strong presence in Europe, Americas, and Asia.

Sustainability and innovation

• Integrates sustainability throughout the value chain, using certified renewable raw materials and targeting significant CO2 reductions (42% by 2030, net-zero by 2050).

• Recognized as a global leader in climate action, with top ratings from CDP and EcoVadis.

• Invests in bio-based start-ups and innovation, with NOK 222 million allocated to R&D in 2025 and an innovation rate of 14%.

• Transition plan includes energy efficiency, renewable energy, and process optimization to meet science-based targets.

BioSolutions segment

• Largest global supplier of lignin-based biopolymers and only producer of wood-based vanillin, serving diverse applications in construction, agriculture, batteries, and personal care.

• Sales revenues in BioSolutions have trebled since 2012, driven by specialisation and portfolio optimization.

• Sustainability and regulatory trends drive new business, with opportunities in Asia, agriculture, electrification, and animal feed.

• New green technologies target high-end markets such as home care and coatings, replacing fossil-based polymers.