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Fibres/​Yarns/​Fabrics

US acquisition for Bast Fibre Technologies

Move establishes a first North American large-scale natural fibre processing facility to match rapid growth in North American hemp production.

12th January 2022

Innovation in Textiles
 |  Victoria, BC, Canada

Medical/Hygiene

Bast Fibre Technologies (BFT), headquartered in Victoria, British Columbia, is to acquire Lumberton Cellulose (LC), currently a Georgia-Pacific Cellulose natural fibre processing facility located in Lumberton, North Carolina from.

“Acquiring this state-of-the-art natural fibre processing facility and integrating the great team at Lumberton enables BFT to immediately establish North American manufacturing operations to meet the rapidly growing demand for our sustainable natural fibres”, says BFT CEO and dhairman Noel Hall. “Following our recent acquisition of German-based fibre processor FVT, this is another key step in our long-term strategy of building significant high quality manufacturing capacity for our global customers supporting our core mission of ‘grow local, process local, sell local."

The purchase of LC builds on BFT’s existing relationship with Georgia-Pacific. In February 2020, it licensed a suite of patents relating to the use of bast fibres in a variety of nonwoven products and processes from Georgia-Pacific Consumer Products on a global, exclusive basis.

The Lumberton Cellulose plant. © Bast Fibre Technologies

The LC facility is a highly automated, quality producer of natural fibres for the personal care and hygiene markets. Ideally located to serve BFT’s North American customers, BFT plans to grow and invest in the operation, establishing LC as its flagship US manufacturing site and opening new opportunities and markets for North American hemp and flax growers.

“This acquisition is a key strategic milestone in our mission to build out significant manufacturing capacity while supporting the vast potential of North American grown hemp and flax,” says BFT president Jim Posa. “Lumberton Cellulose is a top producer of quality fibre and with the current infrastructure and excellent, highly experienced team at Lumberton, we expect to significantly expand the facility’s production capabilities over the next few years. This acquisition will play an integral role in supporting North America’s transition away from plastic and manufactured cellulosic fibres and toward a more sustainable future.”

www.bastfibretech.com

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