Appointment of Jorgen Ballermann as new CEO
Former CEO, Advance Nonwoven founder and co-owner Stig Gamborg will continue his work on the executive board.
Throughout the past 14 years, the company has been developing the Caft and Dalt-technologies which can upcycle or recycle many different kinds of fiber fractions.
Ballermann is an experienced CEO in the field of turnkey solutions and green technology. His former employments include Vestas Wind Systems A.S., Aarhus/Denmark, biogas plant provider Xergi A/S, and Copenhagen Infrastructure Partners.