Bast Fibre Technologies

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Sep 3, 2019INVESTMENTLumberton, North Carolina, USA and near Düsseldorf, Germany, United States
Bast Fibre Technologies secures strategic investment to expand hemp fiber capacity
Bast Fibre Technologies closed a strategic financing with Ahlström Capital to expand fiber manufacturing capacity at its facilities in Lumberton, North Carolina and near Düsseldorf, Germany. The investment will enable production of over 10,000 metric tons of Sero hemp fiber per year by 2023 and up to 50,000 metric tons annually by 2026.
Bast Fibre Technologies Ahlström Capital investor #Industrial Textiles wwd.com

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Lumberton, United States		2019-09-03

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