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Borregaard ASA (0QB7.IL)

IOB - IOB Delayed price. Currency in NOK
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180.90-0.60 (-0.33%)
At close: 05:31PM BST

Borregaard ASA

Hjalmar Wessels vei 6
PO Box 162
Sarpsborg 1701
Norway
47 69 11 80 00
https://www.borregaard.com

Sector(s)Basic Materials
IndustrySpecialty Chemicals
Full-time employees1,072

Key executives

NameTitlePayExercisedYear born
Mr. Per Arthur SørliePres & CEO5.84MN/A1957
Mr. Per Bjarne LyngstadChief Financial Officer2.91MN/A1961
Mr. Jørn SyvertsenDirector of Investor RelationsN/AN/AN/A
Mr. Rolf Sveinung HeggenGen. Counsel3.11MN/A1958
Mr. Dag Arthur AasbøSr. VP of Organisation & Public Affairs2.48MN/A1961
Mr. Tom Erik Foss-JacobsenExec. VP of BioSolutions3.34MN/A1969
Mr. Gisle Løhre JohansenExec. VP of Speciality Cellulose & Fine Chemicals3.23MN/A1959
Ms. Tuva BarnholtSr. VP of Strategic SourcingN/AN/A1962
Mr. Pål RombergExec. VP of ExilvaN/AN/AN/A
Ms. Kristin MisundSr. VP of R&D and Bus. Devel.2.67MN/A1965
Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in NOK.

Description

Borregaard ASA develops, produces, and markets specialized biomaterials, biochemicals, and biofuels in Norway, rest of Europe, the United States, Asia, and internationally. It operates through three segments: BioSolutions, BioMaterials, and Fine Chemicals. The BioSolutions segment provides biopolymers for a range of applications, such as agrochemicals, batteries, industrial binders, and construction; and biovanillin for flavor and fragrance companies, as well as for food and beverage industry. The BioMaterials segment offers specialty cellulose for use as a raw material in the production of cellulose ethers, cellulose acetate, and other specialty products; and cellulose fibrils for industrial applications. The Fine Chemicals segment provides fine chemical intermediates for contrast agents; and bioethanol. Borregaard ASA was incorporated in 2012 and is headquartered in Sarpsborg, Norway.

Corporate governance

Borregaard ASA’s ISS governance QualityScore as of 1 May 2022 is 2. The pillar scores are Audit: 2; Board: 3; Shareholder rights: 1; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.