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Foresta Group Holding Limited (ASX:FGH)

ALERT: Price-sensitive ASX Announcement for FGH
Current share price for FGH : $0.009 -0.002 (-18.18%)+
Announcement
Release
6 Jul 2026 4:46PM
Price at Release
$0.011
Full Release
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Summary
Foresta Group Holdings Limited (FORESTA) announced that the United States Patent and Trademark Office has allowed its patent application for a method of extraction related to its rosin and terpene production process. This patent, once granted, will provide protection in the U.S. until at least 2041, strengthening FORESTA's intellectual property position. This development aligns with FORESTA’s strategy to become a leading global supplier of natural and renewable pine chemicals and biomass pellets, leveraging its proprietary process to naturally extract such chemicals using pine wood. The patent is part of FORESTA’s broader commercialization and innovation strategy in sustainable wood processing technologies.
Key Points
  • US patent allowance for rosin and terpene production process
  • Patent provides protection until at least 2041
  • Strengthens FORESTA's intellectual property position
  • Part of FORESTA’s strategy to become a global supplier
  • Proprietary process uses pine wood for chemical extraction
  • Supports sustainable wood processing technologies
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.