# Altana invests in Nordtreat for biobased flame retardants

Altana, along with sustainability investor UB Forest Industry Green Growth Fund, is investing an unspecified amount in Nordtreat, a Finnish firm that makes flame retardants from biobased raw materials. Altana's BYK division will also develop biobased flame retardant additives with Nordtreat.

- Type: Investment
- Announced: 2024-07-04
- Where: Finland
- Status: announced
- Products: biobased flame retardants, flame retardant additives
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Nordtreat](https://endata.com/companies/78444.md)
- [ALTANA](https://endata.com/companies/2187.md) (investor)
- [UB Forest Industry Green Growth Fund](https://endata.com/companies/78443.md) (investor)

## Sources

- [viewer.joomag.com](https://viewer.joomag.com/speciality-chemicals-magazine-jul-aug-2024/0620756001719920525/p8), 2024-07-04: "Altana invests in FR firm Along with sustainability investor UB Forest Industry Green Growth Fund, Altana is investing an unspecified amount in Nordtreat, a Finnish firm that makes flame retardants from biobased raw materials."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.