BIOFIBRE NEWS

Nomination Committee at Holmen

Holmen’s Annual General Meeting has decided that the Nomination Committee shall consist of the Chairman of the Board and one representative of each of the company’s three largest shareholders (in terms of voting rights) as of 31 August each year.


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Metsä Spring invests in Woodio, leader in waterproof wood composite technology

Metsä Group’s innovation company Metsä Spring Ltd 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.

 


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SUSTAINABILITY NEWS

Valmet included in the Dow Jones Sustainability Index among the world's sustainability leaders

Valmet has progressed well with its Sustainability360° agenda emphasizing continuous improvement of sustainable business practices. As one proof of the good progress, Valmet has been included in the Dow Jones Sustainability Index (DJSI) already for the sixth consecutive year. The company was listed both in the Dow Jones Sustainability World and Europe indices. The total number of companies included this year in the DJSI World for 2019-2020 is 318. The comprehensive ranking evaluates companies’ economic, environmental and social performance.


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Climate change, forest management and bio-plastics take center stage at the World Bioeconomy Forum held in Ruka, Finland

The second World BioEconomy Forum held in the Finnish resort town of Ruka ended today with eight declarations agreed upon by delegates from across the globe. The three-day event kicked off with a update on the latest European Bioeconomy Strategy and action plan launched last year from Elisabetta Balzi, head of the Bioeconomy Unit at the European Commission. The latest strategy, with funds of Euro 10 billion for research into food and natural resources for the years 2021-27, is now in full swing in its implementation and Balzi gave a comprehensive, detailed presentation of where resources are being allocated.


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BIOENERGY NEWS

Valmet to deliver biomass pretreatment system to PRAJ Industries in India

Valmet will deliver biomass pretreatment system to PRAJ Industries for their second-generation bio refinery project which is under execution in India. The delivery is planned for the year 2020. The order was included in Valmet’s orders received of the third quarter 2019. The value of the order will not be disclosed.


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Valmet builds a new pilot facility at its Fiber Technology Center in Sundsvall

Valmet invests in a new pilot facility at its Fiber Technology Center in Sundsvall to strengthen the company’s research and development capabilities related to bioenergy, biofuels and biochemicals. The new pilot facility will start up in October 2020.


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