Oji acquires AustroCel to transform its Forest Biomass Business to core strategy

In Austria, Oji Holdings has acquired of all shares of AustroCel Hallein GmbH, one of Europe’s leading biorefinery companies which manufactures dissolving wood pulp, advanced biofuels and lignin-based hydrogel granules which utilizes the residual streams that are generated during the production of dissolving pulp. They have made significant investments in recent years resulting in a highly profitable business model which is recognised by customers as an innovative biorefining platform.

This acquisition will accelerate the transformation of its business portfolio, moving the Forest Biomass Business to the core of Oji Group, which is proposed in “Medium-Term Management Plan 2027”, announced in May 2025. Through this acquisition, Oji group will be able to advance a sustainable manufacturing approach— biomanufacturing—that replaces various production processes dependent on conventional fossil resources, and which is expected to become next‑generation industrial infrastructure.