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Borregaard ASA ( (GB:0QB7) ) has shared an announcement.
Borregaard ASA has received a NOK 15 million grant from the Norwegian Research Council to support its Biomer project, which seeks to develop bio-based alternatives to environmentally harmful polycarboxylates. The initiative will utilize Borregaard’s advanced biorefinery capabilities to create greener polymers, potentially reducing the carbon footprint in agriculture, industry, and consumer products.
The most recent analyst rating on (GB:0QB7) stock is a Hold with a NOK220.00 price target. To see the full list of analyst forecasts on Borregaard ASA stock, see the GB:0QB7 Stock Forecast page.
More about Borregaard ASA
Borregaard ASA operates in the biorefinery industry, focusing on the production of bio-based chemicals and materials. The company is known for its expertise in wood chemistry and aims to create sustainable solutions by converting bioresources into environmentally friendly products.
Average Trading Volume: 64,549
Current Market Cap: NOK19.74B
For a thorough assessment of 0QB7 stock, go to TipRanks’ Stock Analysis page.