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Benzinga
Benzinga
Business
Javier Hasse

Cleantech Hemp Co. Bast Fibre Acquires North Carolina Natural Fiber Processing Facility From Georgia-Pacific

North Carolina LC

Bast Fibre Technologies Inc (BFT), a cleantech fiber engineering firm that manufactures specialty natural fiber for applications throughout the nonwovens and textile industries, has entered into a definitive agreement to acquire Lumberton Cellulose LLC (LC) from Koch Industries’ Georgia-Pacific.

Terms of the deal were not disclosed.

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