Stora Enso: Big growth opportunities for new wood-based products-President – Dagens Industri

Stora Enso: Big growth opportunities for new wood-based products-President – Dagens Industri

Stora Enso: Big growth opportunities for new wood-based products-President

                  2015-02-04 16:46
             

 (SIX) forestry company Stora Enso think about the future of high growth  Forest-based renewable raw materials in areas such as consumer board and  biochemicals. With the perspective of the next ten years, more is required  investments to the area, which has the potential to replace  petroleum-based products, to reach its commercial potential.       It says Stora Enso CEO Karl-Henrik Sundström SIX News.       If you were to look up ten years into the future, which  cellulose-based products from the forest do you think of Stora Enso has great  growth potential?       "If we're talking ten years as different forms of  consumer board to be huge. It will not only touch  about milk and juice, for plastics will disappear increasingly  extent. We will also have some biochemicals from forest,  from sweeteners to biochemicals that make glue. Actually  everything that you can make petroleum-based, you can make on wood, "says  Sundstrom with the link to    the origin of petroleum is organic material so  as wood.       Regarding the commercial prospects, how will you  scale up your bets?       "We have now invested in Virdia, got started lignin production in  Sunila in early 2015 and we are now developing in the lab  Stockholm. "       The latter become an important cornerstone for this area's development?       "Yes, it does. And really, not many people understood  that we are one of the few industries that sits on a renewable raw material "  states Stora Enso CEO.       Sundstrom emphasizes the area's need for more research and development,  more demonstration plants, reaching down to cost levels  makes a change from fossil-based substances attractive.       "It will take time so it's very good that you set  question in ten years. This is not unlike the telecommunications, where it can take 15  years to develop a system, "says Stora Enso CEO conclusion and  laughing. Sundstrom was CFO    of telecom giant Ericsson for a  couple of years ago.       It is worth noting that in addition to Stora Enso Renewable  Packing division so is Stockholm Quoted industry colleague  BillerudKorsnäs exposed to the consumer board by business area  Consumer Board.      Johan Eklund, +46 31 350 64 87  mailto: johan.eklund@six-group.se  www.blogg.six.seSIXNews  SIX News