Negotiations with most suppliers of spruce pulpwood and woodchips to the
biorefinery in Sarpsborg are finished. Borregaard's wood costs in the first half
of 2020 will be NOK 25 - 30 million lower than in the first half of 2019, thus
continuing the trend of lower prices observed also in the second half of 2019.
Sarpsborg, 19 December 2019
Contacts:
Jørn Syvertsen, Director Investor Relations, +47 958 36 335
This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.