Bergen Carbon Solutions AS

Regulatory Filings • Oct 29, 2021

Bergen Carbon Solutions: we have started pre-engineering full-scale factory production units

Bergen Carbon Solutions: we have started pre-engineering full-scale factory production units

(Bergen, 29 October 2021): Bergen Carbon Solutions AS (BCS, OSE:BCS) today announces that we have started pre-engineering full-scale factory production units. We are expecting the market to grow rapidly, and the potential scale benefits of a full-scale production factory is expected to significantly reduce our unit cost.

“During engineering of our production modules, we have discovered significant cost reduction potential of factory scale production units. This is expected to further strengthen our competitive advantage. As a result of the changed focus, we will present updated guiding before the end of the year.” Says CEO Jan B. Sagmo.

ENDS

For additional information, please contact:

Jan B. Sagmo, CEO, janbsagmo@bergencarbonsolutions.com, +47 473 72 701

Fredrik Øksnes, CCO, fredrik.oksnes@bergencarbonsolutions.com, +47 975 67 318

About Bergen Carbon Solutions | www.bergencarbonsolutions.no

Bergen Carbon Solutions uses innovative technology to produce carbon nanofibers, using CO₂ and Norwegian hydropower. This makes the production unique and environmentally friendly. Bergen Carbon Solutions is listed on Euronext Growth under the ticker BCS.