Borregaard acquires lignin business in Brazil
Melbar has 36,000 mtds manufacturing capacity based in Cambara do Sul, Brazil and offices in São Paulo. The purchase gives Borregaard an important foothold to serve markets in Brazil and the rest of South America.
14/03/06 Borregaard has agreed to purchase the shares of the lignin product company Melbar Produtos de Lignia, Ltda, from its current shareholders; M-I Swaco do Brasil - Comércio, Serviços e Mineração Ltda. and Companhia Melhoramentos de São Paulo.
Borregaard is through Borregaard LignoTech the only global player within lignin based products. Melbar has 36,000 mtds manufacturing capacity based in Cambara do Sul, Brazil and offices in São Paulo. The purchase of Melbar gives Borregaard an important foothold to serve markets in Brazil and the rest of South America.
Lignin is a wood based raw material used in production of a wide range of speciality products sold to construction, feed and agricultural industries, oil well drilling, briquetting and batteries.
The parties have agreed not to disclose the conditions of transfer.
