Bergen Carbon Solutions AS

Report Publication Announcement • Apr 7, 2021

Financial Statement

Financial Statement

About Bergen Carbon Solutions:

Bergen Carbon Solutions is a company based in Bergen, Norway. We use innovative technology to produce carbon nanofibers (CNF), using CO₂ and Norwegian hydropower. This makes the production unique and environmentally friendly.

Our system uses less energy than traditional methods.

Carbon nanofibers have a unique combination of strength, durability and conductivity and a vast range of applications. The product is lighter than plastic, stronger than steel and leads electricity better than copper.

The CNF is made by using modular production units that are based on two 40 feet containers stacked on top of each other with two reactors. The production method and technology have been verified by DNV-GL, and the Company has been producing CNF at their test facility since summer 2020.

The production units are mobile and placed on-site with producers and/or emitters of CO₂. The Company has entered into a firm agreement with BIR, a waste-to-energy plant operated by a regional waste management company for the provision of one module with production start expected Q1 2022. Furthermore, the Company has signed letters of intent with both Technology Centre Mongstad, one of the world’s largest and most flexible plant for testing and improving technologies for CO₂ capture, and Alcoa Mosjøen, one of the largest aluminum smelter sites in Europe. Both sites have substantial potential, ranging from 1 to 5 modules each.

Contact information:

CEO, Jan B Sagmo, janbsagmo@bergencarbonsolutions.com (+47)47372701 or

CFO, Kåre Bjørn Voldsund, kbv@bergencarbonsolutions.com (+47)90677756