Vow Green Metals becomes Arbion Industries

Vow Green Metals today changes its name to Arbion Industries, marking a new chapter that reflects the company’s ambition of scaling operations and becoming a leading European producer of biocarbon, building an integrated industrial platform for biocarbon production.

Arbion Industries is backed by HitecVision, a leading private equity investor in the European energy sector, and the renewable energy producers Vardar and Skagerak Energi. With this strong owner group, Arbion Industries has the capacity required to realize its plans to bring the large-scale plant under construction in Hønefoss to full production, as well as to develop additional large-scale biocarbon production facilities. The company currently has several ongoing projects, including at Viken Park in Østfold and Eiktyr Industrial Park in Orkland, where Arbion Industries, together with local partners, plans to build new industrial-scale biocarbon plants. The goal is to establish multiple facilities and reach a total production capacity of 200,000 tons of biocarbon by 2030.

“The name Arbion Industries is inspired by the Latin word “arbor”, meaning tree – the very starting point of our biocarbon production. It reflects both where we come from and our direction forward. With strong owners supporting us and a clear growth strategy, we are now scaling up production at Hønefoss and developing additional large-scale plants in Norway and across Europe. Our ambition remains unchanged: to establish Arbion Industries as a leading European producer of biocarbon at a true industrial scale,” said Cecilie Jonassen, CEO of Arbion Industries.

Strong, long-term industrial owners

With approximately EUR 9 billion under management, HitecVision is a leading private equity investor in the energy sector. Its portfolio includes companies such as biogas producer St1 Biokraft, district heating provider Hafslund Celsio, and offshore wind company Vårgrønn. Together with Vardar and Skagerak Energipartner, HitecVision brings growth capital and deep industrial expertise to Arbion Industries.

Biocarbon: A key climate solution

Biocarbon has been recognized by the Norwegian Environment Agency as a key climate mitigation measure. In the agency’s recent knowledge base for 2025, the substantial potential to reduce fossil-based emissions using biocarbon is underlined. According to the agency, increased use of biocarbon could reduce emissions by more than 1.4 million tonnes of CO₂-equivalents by 2030, and more than 1.6 million tonnes by 2035. The potential is primarily based on the substitution of fossil coal in metallurgical industries.

Arbion Industries holds a leading position as a supplier of biocarbon to the metallurgical industry and has signed long-term supply agreements with major industrial players, including Elkem, one of the world’s leading producers of silicon-based materials, and Finnish steel giant Outokumpu.

For further information, please contact:
Mathias Nilsen Reierth, Director of Corporate Affairs and Commercial
+47 988 05 724 – mathias.reierth@arbionindustries.com

Cecilie Jonassen, CEO
+47 954 20 126 – cecilie.jonassen@arbionindustries.com