Borregaard (BRG) Corporate presentation summary

Business model and strategy

• Operates an integrated biorefinery model, converting wood into high-value biochemicals, biomaterials, and fine chemicals for diverse markets, with 94% raw material utilization.

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

• Drives value growth through innovation, continuous improvement, and a diversified product portfolio of 800 products.

• Strategic priorities include further specialisation, product portfolio upgrades, targeted investments, and sustainability as a core driver.

• Geographic sales are primarily in Europe (45%), Americas (29%), and Asia (25%), with dedicated sales teams for each business unit.

Sustainability and innovation

• Uses certified, renewable wood as raw material, with production processes focused on reducing emissions and energy use.

• Science Based Targets initiative approved GHG reduction goals: 42% absolute reduction by 2030 and 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 aligned with ESG and specialisation criteria, including Alginor, Kaffe Bueno, Lignovations, and Oceanium.

• Innovation is managed by interdisciplinary teams, with NOK 222 million invested in R&D in 2025 and an 11% innovation rate.

BioSolutions segment

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

• Product diversification: 600 products to 2,800 customers, with strong growth in specialities and reduced exposure to low-value markets.

• Sustainability and regulatory trends drive new business, with digital solutions for tracking GHG impact in development.

• Growth opportunities in Asia and agriculture, with new green technologies targeting home care and coatings markets.

• Regulatory changes and sustainability trends create opportunities in animal feed and aquaculture, with new bio-based binders launched.