Lignin Industries Raises 25 Million SEK in New Share Issue

Lignin Industries AB announces the successful completion of its latest new share issue, raising a total of 25 million SEK. This marks an important milestone for the company on its way to revolutionising the biobased plastic industry. The funds secured through this new share issue will be instrumental in advancing Lignin Industries’ innovative solutions for producing renewable biobased plastics from forest residues.

”I am really happy to see the trust in what we are trying to do as a company. To attract this capital on time, fully supported by the main owners and also bringing in new ones, is crucial for our efforts to further speed-up the ongoing commercialisation”, says Fredrik Malmfors, CEO of Lignin Industries.

Lignin Industries, a pioneering Swedish greentech company founded in 2018, has developed an innovative patented technology that transforms lignin—one of the most abundant yet underutilised biobased polymers in the world—into renewable, high-performance thermoplastics. This ground-breaking material serves as an alternative to fossil-based plastics, significantly reducing carbon dioxide emissions. Compared to many other biobased polymers this drop-in material is scalable, resource-efficient and based on unused biomass. Through innovation, Lignin Industries is reinforcing its commitment to environmental sustainability, paving the way towards a greener future with less carbon dioxide emissions and less fossil dependency.

For media inquiries or further information, please contact:

Ella Norén, Head of Business Development
ella.noren@lignin.se