Metsä Spring, Metsä Group’s innovation company, has made an equity investment in Woodio Ltd, a leading developer of waterproof wood composite products. The financing round totals approximately EUR 4 million, and Metsä Spring participates in the round together with current investors Ardent Venture BV, Finow Ltd, NextStone Ltd and Valve Ventures Ltd.
UPM Plywood is joining forces with Studio Bark and Fologram to create a unique building experience for self-builders at the Grand Designs Live event. Two UPM WISA Plywood products will be centre stage at the Grand Designs Live show in London May 4-12 on an unusual stand created by pioneering environmental architects Studio Bark.
“At Stora Enso, we believe that anything made from fossil-based materials today can be made from a tree tomorrow. Our work in the Biomaterials division strives to make this a reality as soon as possible”. To say it – in this exclusive interview with Il Bioeconomista – is Markus Mannström, Executive VP at Stora Enso Biomaterials Division. The Nordic company is one of the main players of the bioeconomy at global bioeconomy. With Markus Mannström we talk about what Stora Enso is doing in the field, the role of pulp and paper industry and his expectations related to the announced new EU bioeconomy strategy.
Interview by Mario Bonaccorso
Scandinavian multinational company Stora Enso opened Europe’s largest wood fibre-based biocomposite plant. The opening ceremony took place last June 4 at the company’s Hylte Mill outside of Halmstad in South-west Sweden, and was attended by more than 150 guests. Stora Enso’s investment of €12 million in a biocomposite plant is part of the company’s ongoing process of becoming a renewable materials company. It aims at showing that Stora Enso is a leader in the bioeconomy, with the ability to provide innovative, more sustainable alternatives to plastic.
Finnish company KaiCell Fibers completed a technical-commercial feasibility study (FS), mainly delivered by CTS Engtec Oy, and now is ready for the next steps towards making the biorefinery in Paltamo, northeast Finland, a reality.
Finnish bioeconomy confirms its dynamism. KaiCell Fibers has embarked on a venture to construct a state-of-the-art biorefinery mill as core component in an industry park projected to house several downstream operators drawing on wood as primary raw material.
The project is based on an alliance between Kainuun Liitto (The Regional Council of Kainuu) and NC Capital Partners. KaiCell will tap into the Kainuu region’s extensive and currently under-utilised fibre wood resources, and incorporate BAT (best available technology) to ensure high value-added products, maximum raw material efficiencies and minimum environmental loads throughput the process. Production is planned to commence by 2020.