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Bast Fibre Technologies

Full company profile

uuid00031vp

Namestring
Bast Fibre Technologies
Legal namestring
Bast Fibre Technologies Inc.
Company typeenum
Private
Founded yearint
2016
Descriptiontext

Bast Fibre Technologies (BFT) is a Victoria, BC-based fibre engineering company founded in 2016 that develops proprietary processing technology to clean, individualize, and soften bast fibres (hemp and flax) for use in nonwoven and textile applications. Its commercial product platform consists of two brands: sero™, a regenerative technical natural hemp fibre positioned as a plug-and-play replacement for synthetic fibre, and noval™, a purified cotton and linen fibre line aimed at sensitive, next-to-skin, and hygienic end-uses. Target applications include baby diapers and wipes, feminine hygiene pads, commercial and household cleaning wipes, cosmetic pads, and building products — all marketed around compostability, zero plastic content, and soil-to-soil circularity.

BFT generates revenue by selling processed natural fibre inputs to nonwoven and personal care manufacturers through a direct B2B enterprise sales motion, with quote-based pricing and multi-year contracts. The company completed two production-asset acquisitions (a German textile processing facility in October 2021 and Lumberton Cellulose LLC from Georgia-Pacific in February 2022) and secured a strategic investment from Finland's Ahlström Capital in October 2022 to scale annual capacity to over 50,000 tonnes. It is led by CEO Jim Posa (appointed March 2022) and Executive Chair Noel Hall, and operates with roughly 60 fibre industry professionals across Canada, the US, and Europe, holding certifications including Oeko-Tex Standard 100, USDA Certified Biobased, REACH compliance, and Canopy Planet Next Generation Solution designation.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersVictoria, Canada
HQ citystring
Victoria
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
natural fibre processing, technical bast fibres, hemp fibre manufacturing, nonwoven fibre materials, regenerative cellulose fibres
Industry2 codes
1Natural Fiber Processing (Cotton/Wool/Flax/Hemp)
CodeIMAOAAAAPrimaryYes
2Hygiene Paper Raw Materials & Components (Pulp, SAP, Nonwovens, Elastics, Adhesives, Fragrances)
CodeIMAMAGAIPrimaryNo
NAICS code2 codes
  • Textile Mills313
  • Textile and Fabric Finishing Mills31331
SIC code2 codes
  • Textile Mill Products2200
  • Miscellaneous Fabricated Textile Products2390
Product category
Technical Natural Fibre Manufacturing
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model1 record
1Technical Natural Fibre Sales
TypeOne Time License
Description

Sale of proprietary processed bast fibres (sero™ hemp, noval™ linen/flax, purified cotton) to nonwoven manufacturers and textile companies for use in consumer products including wipes, pads, diapers, and personal care items. Revenue generated through direct B2B sales of fibre products.

bastfibretech.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Pricing details1 tier
1B2B enterprise pricing for technical natural fibres
ModelOtherBilling cadenceMulti-year contract
Notes

Quote-based / Not publicly disclosed. Company sends fibre and fabric samples upon request for companies interested in fibre needs.

bastfibretech.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 2 records shown
1sero™
Description

Regenerative technical natural hemp fibre designed as a plug-and-play replacement for synthetic fibre, made from renewable agricultural crops. Certified Oeko-Tex Standard 100, USDA Certified Biobased, and listed as Canopy Planet Next Generation Solution.

bastfibretech.com
+1 more record
Core offering1 text field

Bast Fibre Technologies processes bast fibres (hemp, flax, cotton) using proprietary technology that cleans, individualizes, and softens natural fibres while preserving their structure. The company sells its processed fibres under the sero™ (hemp) and noval™ (cotton and linen) brands to nonwoven and textile manufacturers for use in diapers, wipes, feminine care, and personal care products as plastic-free, compostable alternatives to synthetic fibres.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Hemp sequesters over 13 tonnes of CO2 per hectare in only 100 days
+2 more records
Product overview1 text field

Bast Fibre Technologies is a technical natural fibre company offering two primary product brands: sero™ (hemp fibre) and noval™ (cotton and linen/flax fibre). The sero™ brand includes regenerative hemp fibres designed for nonwoven applications, while noval™ encompasses purified cotton and linen fibres for sensitive, next-to-skin applications. Both fibre types serve as plastic-replacing alternatives in products including diapers, wipes (commercial, baby, cleaning), intimate care/pads, cosmetic care, and building products. The company operates manufacturing facilities in North America (Lumberton, NC, USA) and Europe (Tönisvorst, Germany), with headquarters in Victoria, BC, Canada.

Product and service3 records
1sero™ Technical Natural Hemp Fibre
CategoryTechnical Natural Fibre
Description

sero™ is a regenerative technical natural hemp fibre engineered as a plug-and-play replacement for synthetic fibre in commercial nonwoven fabric manufacturing. It is made from renewable agricultural crops, designed to run on major nonwoven platforms, and is used in diapers, baby wipes, commercial cleaning wipes, intimate care products, cosmetic pads, and building products. The fibre is Oeko-Tex Standard 100 certified, USDA Certified Biobased, and listed as a Canopy Planet Next Generation Solution.

2noval™ Purified Cotton Fibre
CategoryTechnical Natural Fibre
Description

noval™ is a purified natural cotton fibre processed to the highest standards for cleanliness, suitable for sensitive, next-to-skin, and hygienic applications. It serves as a forest-friendly, zero-plastic, compostable fibre alternative for personal care and hygiene nonwoven products.

3noval™ Linen Fibre
CategoryTechnical Natural Fibre
Description

noval™ linen fibre is made from flax, processed through BFT's proprietary technology for use in specialty cleaning wipes and other nonwoven applications. Featured in Canopy's Circular Chic campaign demonstrating fashion and textile applications.

Scale indicator7 records

Each record includes

Type, Value, Description, Source

Partnership10 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-02-29
Description

Danish femcare startup using Sero™ regenerative hemp fibre in their period pad products. Products contain approximately 75% hemp fibre with core made entirely from hemp. European-based partner representing commercial product launch.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2022-10-12
Description

Partnership with Circular Systems to bring BFT's natural, sustainable fibre to the textile market. Collaboration for fashion and textile applications beyond nonwovens.

Strategic tierCoreTypeOEM/ Whitelabel/ Licensing PartnerAnnounced on2020-02-24
Description

Licensing agreement with Georgia-Pacific for technology access and subsequent acquisition of Lumberton Cellulose LLC facility in 2022. Established North American manufacturing operations through this partnership.

Strategic tierMinorTypeOthers
Description

Active member of the global nonwovens industry association - The Voice of Nonwovens

Strategic tierMinorTypeOthers
Description

Association of the Nonwoven Fabrics Industry - active member

Strategic tierMinorTypeOthers
Description

Active member supporting industrial hemp industry development

7Canadian Hemp Trade Alliance
Strategic tierMinorTypeOthers
Description

Active member of Canadian hemp industry association

bastfibretech.com
Strategic tierMinorTypeOthers
Description

Active member supporting US industrial hemp industry

9European Industrial Hemp Association (EIHA)
Strategic tierMinorTypeOthers
Description

Active member of European Industrial Hemp Association - Hemp Processing Consortium

bastfibretech.com
10United States Green Building Council
Strategic tierMinorTypeOthers
Description

Active member supporting sustainable building and environmental practices

bastfibretech.com
Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeEmerging player
Description

Finnish nonwovens producer focused on wipes and hygiene substrates, including sustainable fibre ranges. Comparable as a converter serving the same wipes/hygiene customers where BFT's natural fibres are positioned as sustainable inputs.

TypeBroad incumbent
Description

Finland-based specialty fibre and nonwoven materials supplier (historically Ahlstrom-Munksjö), active in filtration, building, and hygiene. Comparable as a scaled specialty fibre/materials platform and connected to BFT via its strategic investor Ahlström Capital.

TypeBroad incumbent
Description

One of the world's largest dissolving pulp and viscose/lyocell producers, supplying fibres for nonwovens including wet wipes and hygiene. Comparable as a high-volume natural-fibre incumbent in BFT's core hygiene end markets.

TypeBroad incumbent
Description

Austrian cellulosic fibre major producing lyocell (Tencel), modal, and viscose for nonwovens, apparel, and hygiene. Competes with BFT as an established sustainable-fibre supplier at scale into hygiene nonwovens, but with a much broader fibre portfolio.

TypeEmerging player
Description

European industrial hemp processor producing fibres, shives, and hurds for nonwovens, automotive, construction, and paper. Comparable as a competing bast-fibre processor serving industrial and nonwoven end uses similar to BFT's sero™ platform.

TypeBroad incumbent
Description

North American pulp and paper producer (now under Paper Excellence) with dissolving pulp and specialty cellulose exposure. Comparable as a scaled cellulose pulp supplier into nonwovens, with overlapping fibre-end markets to BFT's Lumberton-derived output.

TypeEmerging player
Description

Danish nonwoven manufacturer focused on personal care applications including hygiene and wipes. Comparable as a downstream customer/peer in the same hygiene nonwoven value chain where BFT's sero™ fibres are designed to be qualified.

TypeDirect peer
Description

German speciality viscose fibre producer supplying engineered cellulosic fibres for hygiene, personal care, and technical nonwoven applications. Most direct comparable as a specialty natural-fibre supplier selling into the same nonwoven/hygiene end markets as BFT's sero™ and noval™.

TypeBroad incumbent
Description

Global nonwoven materials manufacturer (now part of Magnera) serving hygiene, wipes, and specialty applications. Comparable as a downstream nonwoven converter that could either compete with or source bast-fibre-based substrates similar to BFT's output.

TypeBroad incumbent
Description

US-listed specialty cellulose producer supplying high-purity dissolving pulp for cellulosic fibres used in nonwovens, textiles, and filters. Comparable as an upstream pulp/cellulose supplier feeding the same nonwoven supply chain.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles9 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance7 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds4 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors4 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Bast Fibre Technologies

Technical Natural Fibre Manufacturingbastfibretech.com

What Bast Fibre Technologies does

Bast Fibre Technologies (BFT) is a Victoria, BC-based fibre engineering company founded in 2016 that develops proprietary processing technology to clean, individualize, and soften bast fibres (hemp and flax) for use in nonwoven and textile applications. Its commercial product platform consists of two brands: sero™, a regenerative technical natural hemp fibre positioned as a plug-and-play replacement for synthetic fibre, and noval™, a purified cotton and linen fibre line aimed at sensitive, next-to-skin, and hygienic end-uses. Target applications include baby diapers and wipes, feminine hygiene pads, commercial and household cleaning wipes, cosmetic pads, and building products — all marketed around compostability, zero plastic content, and soil-to-soil circularity.

BFT generates revenue by selling processed natural fibre inputs to nonwoven and personal care manufacturers through a direct B2B enterprise sales motion, with quote-based pricing and multi-year contracts. The company completed two production-asset acquisitions (a German textile processing facility in October 2021 and Lumberton Cellulose LLC from Georgia-Pacific in February 2022) and secured a strategic investment from Finland's Ahlström Capital in October 2022 to scale annual capacity to over 50,000 tonnes. It is led by CEO Jim Posa (appointed March 2022) and Executive Chair Noel Hall, and operates with roughly 60 fibre industry professionals across Canada, the US, and Europe, holding certifications including Oeko-Tex Standard 100, USDA Certified Biobased, REACH compliance, and Canopy Planet Next Generation Solution designation.

Bast Fibre Technologies firmographics

Firmographics
Name
Bast Fibre Technologies
Legal name
Bast Fibre Technologies Inc.
Website
https://bastfibretech.com
Company type
Private
Founded year
2016
Operating status
Operating
Headcount range
51–100 employees
Ownership category
akta.pro rank

Bast Fibre Technologies industry classification

Industry
Product category
Technical Natural Fibre Manufacturing
NAICS
Textile Mills (313), Textile and Fabric Finishing Mills (31331)
SIC
Textile Mill Products (2200), Miscellaneous Fabricated Textile Products (2390)
akta.pro primary industry
Natural Fiber Processing (Cotton/Wool/Flax/Hemp) (IMAOAAAA)
akta.pro secondary industry
Hygiene Paper Raw Materials & Components (Pulp, SAP, Nonwovens, Elastics, Adhesives, Fragrances) (IMAMAGAI)

Keywords

  • Natural fibre processing
  • Technical bast fibres
  • Hemp fibre manufacturing
  • Nonwoven fibre materials
  • Regenerative cellulose fibres

Where Bast Fibre Technologies is headquartered

Location

Headquarters

HQ city
Victoria
HQ country
Canada
HQ region
North America

Offices4 records

Markets served

Bast Fibre Technologies business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Technical Natural Fibre Sales: Sale of proprietary processed bast fibres (sero™ hemp, noval™ linen/flax, purified cotton) to nonwoven manufacturers and textile companies for use in consumer products including wipes, pads, diapers, and personal care items. Revenue generated through direct B2B sales of fibre products.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractB2B enterprise pricing for technical natural fibres

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Bast Fibre Technologies product offering

Product offering

Core offering

Bast Fibre Technologies processes bast fibres (hemp, flax, cotton) using proprietary technology that cleans, individualizes, and softens natural fibres while preserving their structure. The company sells its processed fibres under the sero™ (hemp) and noval™ (cotton and linen) brands to nonwoven and textile manufacturers for use in diapers, wipes, feminine care, and personal care products as plastic-free, compostable alternatives to synthetic fibres.

Product overview

Bast Fibre Technologies is a technical natural fibre company offering two primary product brands: sero™ (hemp fibre) and noval™ (cotton and linen/flax fibre). The sero™ brand includes regenerative hemp fibres designed for nonwoven applications, while noval™ encompasses purified cotton and linen fibres for sensitive, next-to-skin applications. Both fibre types serve as plastic-replacing alternatives in products including diapers, wipes (commercial, baby, cleaning), intimate care/pads, cosmetic care, and building products. The company operates manufacturing facilities in North America (Lumberton, NC, USA) and Europe (Tönisvorst, Germany), with headquarters in Victoria, BC, Canada.

Differentiator

Problem solved

Functional benefit

Brands

  • sero™: Regenerative technical natural hemp fibre designed as a plug-and-play replacement for synthetic fibre, made from renewable agricultural crops. Certified Oeko-Tex Standard 100, USDA Certified Biobased, and listed as Canopy Planet Next Generation Solution.
  • noval™

Products and services

  • sero™ Technical Natural Hemp Fibre sero™ is a regenerative technical natural hemp fibre engineered as a plug-and-play replacement for synthetic fibre in commercial nonwoven fabric manufacturing. It is made from renewable agricultural crops, designed to run on major nonwoven platforms, and is used in diapers, baby wipes, commercial cleaning wipes, intimate care products, cosmetic pads, and building products. The fibre is Oeko-Tex Standard 100 certified, USDA Certified Biobased, and listed as a Canopy Planet Next Generation Solution.
  • noval™ Purified Cotton Fibre noval™ is a purified natural cotton fibre processed to the highest standards for cleanliness, suitable for sensitive, next-to-skin, and hygienic applications. It serves as a forest-friendly, zero-plastic, compostable fibre alternative for personal care and hygiene nonwoven products.
  • noval™ Linen Fibre noval™ linen fibre is made from flax, processed through BFT's proprietary technology for use in specialty cleaning wipes and other nonwoven applications. Featured in Canopy's Circular Chic campaign demonstrating fashion and textile applications.

Quantifiable outcome

  • Hemp sequesters over 13 tonnes of CO2 per hectare in only 100 days
  • +2 more outcomes

Companies that use Bast Fibre Technologies

Customer profile

Named customers1 record

Segments6 records

Ideal customer profiles5 records

Bast Fibre Technologies technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Bast Fibre Technologies partnerships and signals

Strategic signal

Partnerships

Ten partnerships are on record, tiered core and minor.

  • MewaliicoreStrategic or Co-development Partner · 29 February 2024Danish femcare startup using Sero™ regenerative hemp fibre in their period pad products. Products contain approximately 75% hemp fibre with core made entirely from hemp. European-based partner representing commercial product launch.
  • Circular SystemscoreStrategic or Co-development Partner · 12 October 2022Partnership with Circular Systems to bring BFT's natural, sustainable fibre to the textile market. Collaboration for fashion and textile applications beyond nonwovens.
  • Georgia-Pacific Cellulose LLCcoreOEM/ Whitelabel/ Licensing Partner · 24 February 2020Licensing agreement with Georgia-Pacific for technology access and subsequent acquisition of Lumberton Cellulose LLC facility in 2022. Established North American manufacturing operations through this partnership.
  • EDANA Global Nonwovens AssociationminorOthersActive member of the global nonwovens industry association - The Voice of Nonwovens
  • INDAminorOthersAssociation of the Nonwoven Fabrics Industry - active member
  • National Hemp AssociationminorOthersActive member supporting industrial hemp industry development
  • Canadian Hemp Trade AllianceminorOthersActive member of Canadian hemp industry association
  • National Industrial Hemp Council of AmericaminorOthersActive member supporting US industrial hemp industry
  • European Industrial Hemp Association (EIHA)minorOthersActive member of European Industrial Hemp Association - Hemp Processing Consortium
  • United States Green Building CouncilminorOthersActive member supporting sustainable building and environmental practices

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Bast Fibre Technologies competitors and assessment

Company assessment

Emerging players

  • Suominen Corporation: Finnish nonwovens producer focused on wipes and hygiene substrates, including sustainable fibre ranges. Comparable as a converter serving the same wipes/hygiene customers where BFT's natural fibres are positioned as sustainable inputs.
  • HempFlax: European industrial hemp processor producing fibres, shives, and hurds for nonwovens, automotive, construction, and paper. Comparable as a competing bast-fibre processor serving industrial and nonwoven end uses similar to BFT's sero™ platform.
  • Fibertex Personal Care: Danish nonwoven manufacturer focused on personal care applications including hygiene and wipes. Comparable as a downstream customer/peer in the same hygiene nonwoven value chain where BFT's sero™ fibres are designed to be qualified.

Broad incumbents

  • Ahlstrom: Finland-based specialty fibre and nonwoven materials supplier (historically Ahlstrom-Munksjö), active in filtration, building, and hygiene. Comparable as a scaled specialty fibre/materials platform and connected to BFT via its strategic investor Ahlström Capital.
  • Sateri: One of the world's largest dissolving pulp and viscose/lyocell producers, supplying fibres for nonwovens including wet wipes and hygiene. Comparable as a high-volume natural-fibre incumbent in BFT's core hygiene end markets.
  • Lenzing Group: Austrian cellulosic fibre major producing lyocell (Tencel), modal, and viscose for nonwovens, apparel, and hygiene. Competes with BFT as an established sustainable-fibre supplier at scale into hygiene nonwovens, but with a much broader fibre portfolio.
  • Domtar (Paper Excellence): North American pulp and paper producer (now under Paper Excellence) with dissolving pulp and specialty cellulose exposure. Comparable as a scaled cellulose pulp supplier into nonwovens, with overlapping fibre-end markets to BFT's Lumberton-derived output.
  • Glatfelter: Global nonwoven materials manufacturer (now part of Magnera) serving hygiene, wipes, and specialty applications. Comparable as a downstream nonwoven converter that could either compete with or source bast-fibre-based substrates similar to BFT's output.
  • Rayonier Advanced Materials: US-listed specialty cellulose producer supplying high-purity dissolving pulp for cellulosic fibres used in nonwovens, textiles, and filters. Comparable as an upstream pulp/cellulose supplier feeding the same nonwoven supply chain.

Direct peers

  • Kelheim Fibres: German speciality viscose fibre producer supplying engineered cellulosic fibres for hygiene, personal care, and technical nonwoven applications. Most direct comparable as a specialty natural-fibre supplier selling into the same nonwoven/hygiene end markets as BFT's sero™ and noval™.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Bast Fibre Technologies social profiles

Digital presence

Bast Fibre Technologies compliance and trust

Trust signal

Compliance7 records

Bast Fibre Technologies financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Bast Fibre Technologies leadership team

Management profile

Number of profiles

Profiles9 records

Bast Fibre Technologies subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

Bast Fibre Technologies funding detail

Funding detail

Funding overview

Funding rounds4 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Bast Fibre Technologies M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bast Fibre Technologies

What does Bast Fibre Technologies do?

Bast Fibre Technologies processes bast fibres (hemp, flax, cotton) using proprietary technology that cleans, individualizes, and softens natural fibres while preserving their structure. The company sells its processed fibres under the sero™ (hemp) and noval™ (cotton and linen) brands to nonwoven and textile manufacturers for use in diapers, wipes, feminine care, and personal care products as plastic-free, compostable alternatives to synthetic fibres.

Is Bast Fibre Technologies a public or private company?

Bast Fibre Technologies is a private company. It is classified as venture growth investor backed and is currently operating.

When was Bast Fibre Technologies founded?

Bast Fibre Technologies was founded in 2016. It employs 51 to 100 people.

Where is Bast Fibre Technologies based?

Bast Fibre Technologies is headquartered in Victoria, Canada, in the North America region.

How does Bast Fibre Technologies make money?

One revenue line is on record: technical Natural Fibre Sales.

Who are Bast Fibre Technologies's main competitors?

Emerging players on record are Suominen Corporation, HempFlax and Fibertex Personal Care. Broad incumbents are Ahlstrom, Sateri, Lenzing Group, Domtar (Paper Excellence), Glatfelter and Rayonier Advanced Materials. Kelheim Fibres is listed as a direct peer.

Does Bast Fibre Technologies have an API?

No public API is recorded for Bast Fibre Technologies.

What industry is Bast Fibre Technologies in?

Bast Fibre Technologies's product category is Technical Natural Fibre Manufacturing. Its primary akta.pro industry code is IMAOAAAA, Natural Fiber Processing (Cotton/Wool/Flax/Hemp), with a secondary code of IMAMAGAI, Hygiene Paper Raw Materials & Components (Pulp, SAP, Nonwovens, Elastics, Adhesives, Fragrances). Its NAICS code is 313 and its SIC code is 2200.

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Live signals
FortunebusinessinsightsNatural Fiber Market Size, Share, TrendsThe global natural fiber market was valued at USD 62.87 billion in 2025 and is projected to grow to USD 99.31 billion by 2034, driven by a CAGR of 5.1%, with Asia Pacific holding the dominant regional share of 50.96%. Key industry developments include Vardhman Textiles Limited commencing commercial production of 17,000 spindles in July 2025, Bcomp announcing a series production scale-up for flax-based materials in BMW Group vehicles in June 2025, and Bast Fibre Technologies Inc. completing its acquisition of Lumberton Cellulose in February 2024. The market faces challenges from supply variability due to agricultural production cycles and limited adoption in industries accustomed to synthetic materials, while growth opportunities lie in value-added processing and bio-based material innovations.PR NewswireBast Fibre Technologies Inc. consigue una inversión estratégica de Ahlström CapitalBast Fibre Technologies Inc. (BFT) announced the closure of a strategic financing round with Finland-based Ahlström Capital, positioning the company to become the world's largest specialized hemp fiber processing and purification operation. The investment will fund expansion of BFT's manufacturing capacity at facilities in Lumberton, North Carolina (USA) and near Düsseldorf, Germany, enabling production of over 10,000 metric tons of sero™ hemp fiber annually by 2023 and up to 50,000 metric tons annually by 2026. Ahlström Capital's director of investments, Andreas Ahlström, will join BFT's board as part of the deal.PR NewswireBast Fibre Technologies Inc. sichert sich strategische Investition von Ahlström CapitalBast Fibre Technologies Inc. (BFT) announced a strategic financing deal with Finnish investment company Ahlström Capital, positioning BFT to become the world's largest processor and cleaner of specialty hemp fibers. The funding will enable immediate expansion of fiber manufacturing capacity at BFT's US flagship plant in Lumberton, North Carolina and its EU facility near Düsseldorf, Germany, with production targets of over 10,000 tons annually by 2023 and up to 50,000 tons per year by 2026. Industry executives cited growing demand for sustainable, tree- and plastic-free fibers as nonwoven companies and consumer goods firms seek natural alternatives to synthetic materials.PR NewswireBast Fibre Technologies Inc. obtient un investissement stratégique de la part d'Ahlström CapitalBast Fibre Technologies Inc. (BFT), a hemp fiber manufacturer headquartered in Victoria, British Columbia, announced it has secured a strategic investment from Finnish investment company Ahlström Capital to expand its manufacturing capacity. The funding will support expansion at BFT's U.S. facility in Lumberton, North Carolina and its European plant near Düsseldorf, Germany, with production targets of over 10,000 metric tons annually by 2023 and up to 50,000 metric tons annually by 2026. The combined operations are expected to create the world's largest specialized hemp fiber processing and purification company, as the nonwovens industry increasingly shifts away from synthetic plastics toward natural fiber alternatives.PR NewswireBast Fibre Technologies Inc. secures strategic investment from Ahlström CapitalBast Fibre Technologies Inc. (BFT) has closed a major strategic financing round with Finland-based Ahlström Capital, creating what the companies claim will be the world's largest specialty hemp fibre processing and purification company. The investment will fund capacity expansion at BFT's US-flagship facility in Lumberton, North Carolina and its EU-facility near Düsseldorf, Germany, targeting production of over 10,000 metric tons of sero™ hemp fibre per year by 2023 and up to 50,000 metric tons per year by 2026. The financing positions BFT to capitalise on growing demand from nonwoven companies and consumer goods firms seeking natural fibre alternatives to synthetic materials for sustainability initiatives.PR NewswireBast Fibre Technologies Inc. completes acquisition of Lumberton Cellulose from Georgia-PacificBast Fibre Technologies Inc. announced on February 17, 2022 that it had completed its purchase of Georgia-Pacific's Lumberton Cellulose LLC in Lumberton, North Carolina, which will operate as BFT Lumberton. The highly automated facility employs about 25 people and will be expanded to over 30,000 tonnes per year. Plant manager Chuck Oxendine will remain in his role.NewswireBast Fibre Technologies Inc. completes acquisition of Lumberton Cellulose from Georgia-PacificBast Fibre Technologies Inc. has completed the acquisition of Lumberton Cellulose LLC from Georgia-Pacific, rebranding the facility as BFT Lumberton. The company plans to expand production capacity to over 30,000 tonnes per year to meet growing demand for natural fibre alternatives to synthetic materials.PR NewswireBast Fibre Technologies übernimmt die in North Carolina ansässige Lumberton Cellulose LLC von Georgia-PacificBast Fibre Technologies Inc. (BFT) has signed a definitive agreement to acquire Lumberton Cellulose LLC from Georgia-Pacific Cellulose LLC, a natural fiber processing facility located in Lumberton, North Carolina. The acquisition, expected to close in BFT's first fiscal quarter pending standard conditions, represents BFT's second major expansion following its purchase of German fiber processor FVT. The deal positions BFT to establish its first large-scale natural fiber manufacturing operation in North America to serve the rapidly growing North American hemp market.PR NewswireBast Fibre Technologies adquiere Lumberton Cellulose LLC de Georgia-PacificBast Fibre Technologies Inc. (BFT) has entered into a definitive agreement to acquire Lumberton Cellulose LLC, a natural fiber processing facility in Lumberton, North Carolina, from Georgia-Pacific Cellulose LLC. The acquisition establishes the first large-scale natural fiber processing operation in North America, positioning BFT as a flagship manufacturing hub to serve the growing North American hemp and flax fiber market for personal care and hygiene applications. The transaction is expected to close in the first quarter of BFT's fiscal year, subject to customary closing conditions.