(Bergen, 16 June 2022): Bergen Carbon Solutions AS (BCS, OSE:BCS)

Bergen Carbon Solutions (BCS) is pleased to announce the introduction of new
product MWCNTs to the product portfolio after successful independent third-party
testing. The new product opens the door for BCS to another fast-growing market,
which is multiple times the size of the CNF market.

Through the infrastructure invested in internal R&D and continuous process
improvements BCS has succeeded in producing MWCNTs. The product has been tested
at The Norwegian Centre for Transmission Electron Microscopy (NORTEM) in
Trondheim. NORTEM is a joint venture of SINTEF, NTNU and UiO. 

Hammad Majeed, Chief Innovation and Research Officer commented: "BCS is
currently analyzing all the aspects of the inhouse produced MWCNTs and will soon
launch it as one of our major products after detailed testing and its successful
implementation in full scale factory production.  As per initial testing BCS
does not need to modify the technology in the factory design to a larger extent
to produce MWCNTs. In General, MWCNTs have better conductive, thermal, and
mechanical properties than CNFs and this breakthrough will open new, huge market
opportunities for BCS in nano materials, especially in the battery industry."
  
For further information, please contact: 
Finn Blydt-Svendsen, Interim CEO, fbs@bergencarbonsolutions.com, +47 930 40 797
Fredrik Øksnes, CCO, fredrik.oksnes@bergencarbonsolutions.com, +47 975 67 318

ENDS 

About Bergen Carbon Solutions | www.bergencarbonsolutions.com | 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.

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange