Brief: Aker Biomarine launches recycling company, eyes spin-off

Aker Biomarine ASA

15/12/2020 05:44

Dec 15 (Reuters) - Aker Biomarine AS  AKBM-ME.OL :
    * AKER BIOMARINE LAUNCHES NEW CIRCULAR ECONOMY COMPANY
    * AION (GREEK FOR 'ETERNITY'), A NEW COMPANY THAT WILL USE A
CAPITAL LIGHT AND TECHNOLOGY AGNOSTIC BUSINESS MODEL TO OFFER
PRODUCTS AND SERVICES TO COMPANIES WITH A DESIRE TO RECYCLE
WASTE AND RE-USE MATERIALS
    * COMPANY STEMS FROM CIRCULAR INITIATIVES IN AKER BIOMARINE
THAT
WERE FOCUSED ON PLASTIC WASTE AND PRODUCTION RESIDUES
    * AKER BIOMARINE'S AMBITION IS TO SPIN OFF AION TO ITS
SHAREHOLDERS AND SEPARATELY LIST COMPANY
    * SEES LARGE OPPORTUNITIES FOR AION

Source text for Eikon:  urn:newsml:reuters.com:*:nObiGR0tra
Further company coverage:  AKBM-ME.OL 

 (Reporting By Oslo newsroom)
 ((terje.solsvik@thomsonreuters.com;))