Borregaard AS is a Norwegian company that operates in the Inorganic Base Chemicals sector. The company is a leading producer of specialty chemicals derived from natural, renewable raw materials. With a history spanning over 130 years, Borregaard has established itself as a key player in the global chemicals industry, with a focus on sustainable and environmentally-friendly solutions.

Borregaard's core business is the production of lignin-based products, which are used in a wide range of applications, including construction, agriculture, and food. Lignin is a natural polymer found in wood and other plant materials, and Borregaard has developed a proprietary process for extracting and refining lignin into high-value products.

One of the key trends in the chemicals industry in recent years has been the push towards decarbonisation and the adoption of renewable energy sources. Borregaard has been at the forefront of this trend, with a strong commitment to reducing its carbon footprint and transitioning to renewable energy sources.

In 2019, Borregaard announced that it had signed a corporate power purchase agreement (PPA) with Statkraft, Europe's largest producer of renewable energy. Under the agreement, Borregaard will purchase 50 GWh of renewable energy per year from Statkraft, which will be used to power its operations in Norway. The PPA is part of Borregaard's broader strategy to reduce its carbon footprint and transition to renewable energy sources.

In addition to its corporate PPA, Borregaard has also invested heavily in its own renewable energy infrastructure. The company operates a number of hydroelectric power plants in Norway, which generate a significant portion of its energy needs. Borregaard has also installed solar panels at its production facilities in Norway and Sweden, further reducing its reliance on fossil fuels.

Borregaard's commitment to renewable energy and decarbonisation is not just driven by environmental concerns, but also by a desire to remain competitive in a rapidly changing industry. As governments around the world introduce policies to reduce carbon emissions, companies that fail to adapt risk being left behind. By embracing renewable energy and reducing its carbon footprint, Borregaard is positioning itself as a leader in the sustainable chemicals industry.

Another key aspect of Borregaard's sustainability strategy is its focus on corporate energy efficiency. The company has implemented a number of measures to reduce its energy consumption, including the installation of energy-efficient lighting and the optimization of its production processes. These measures have not only reduced the company's carbon footprint, but also helped to improve its bottom line by reducing energy costs.

In addition to its focus on renewable energy and energy efficiency, Borregaard has also made significant investments in research and development to develop new, sustainable products. The company's R&D efforts are focused on developing new applications for lignin-based products, as well as exploring new sources of renewable raw materials.

Borregaard's commitment to sustainability has been recognized by a number of industry and environmental organizations. In 2020, the company was named one of the world's most sustainable companies by Corporate Knights, a Canadian media and research company. The ranking is based on a range of environmental, social, and governance metrics, and recognizes companies that are leading the way in sustainability.

In conclusion, Borregaard AS is a Norwegian company that operates in the Inorganic Base Chemicals sector. The company is a leading producer of specialty chemicals derived from natural, renewable raw materials, with a strong focus on sustainability and environmental responsibility. Borregaard's commitment to renewable energy, decarbonisation, and corporate energy efficiency has helped to position it as a leader in the sustainable chemicals industry, and its ongoing investments in research and development ensure that it remains at the forefront of innovation in the sector.