By 420 Intel on Tuesday, 19 April 2022
Category: Business News - 420 Intel

U.S. purchase helps Bast Fibre Technologies expand hemp-based product offerings

 Bast Fibre Technologies Inc. (BFT), a manufacturer of premium natural fibres located in the Vancouver Island Tech Park, completed its purchase of Lumberton Cellulose LLC in North Carolina from Georgia-Pacific in February and has changed its name to BFT Lumberton.

The acquisition of the state-of-the-art manufacturing facility enables BFT to significantly expand capacity to over 30,000 tonnes per year, while establishing BFT Lumberton as one of the largest fully-integrated natural fibre processing parks in North America.

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Original author: Cannabis News

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