THERMO FIBERGEN INC. - TFGN- Profile

Thermo Fibergen Inc.. The Group's principal activity is to develop, produce and market fiber-based composites. It also designs, owns, and operates plants to help pulp and paper mills improve product quality, reduce costs, and close the loop in their water and solids systems. The Group operates in three business segments: Cellulose-based Products, Fiber-based Composite Products, and Fiber-recovery and Water-clarification Services. The Cellulose-based Products segment employs patented technology to produce biodegradable absorbing granules from papermaking byproducts. Fiber-based Composite Products segment develops, produces, and markets fiber-based composites primarily for the building industry, used for applications such as soundwalls, decking, privacy fencing, and siding. The Group owned and operated a plant that provided fiber-recovery and water-clarification services on a long-term contract basis. The Group sold this plant in September 2000. Cellulose-based Pdts acctd for 85% of 2000 revs; Fiber-recovery & Water-clarification Svcs, 12% & Fiber-based Composite Pdts, 3%