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PRESS RELEASE 15 Jun 2017

Pöyry and Betulium sign co-operation agreement to unlock full value chain benefits for clients in bio-based businesses

Pöyry and Betulium have signed a Letter of Intent (LOI) for co-operation that will enable both companies to serve their clients better in bio-based businesses. Pöyry and Betulium share common objectives in bioindustry: together they have the know-how and experience which can be used especially in the field of nanocellulose for composites, plastics and similar materials as well as for wood-based nanocellulose and material testing in both the forest and chemical industries.

Betulium Oy is a Finnish clean-tech company established in 2013. Betulium provides renewable, biodegradable, and high-performance water-based cellulose materials to replace or supplement synthetic organic polymers in a vast number of industrial applications. Betulium runs a pilot plant producing material on an industrial scale in Espoo, Finland. Nanocellulose can be used in the manufacture of paper, feeds, foods, cosmetics and pharmaceuticals.

Pöyry has a proven track record in process engineering excellence in the chemicals and biorefining sectors and knows the complex bioindustry value chain, megatrends, drivers and business partners. Pöyry's highly-skilled experts can help clients to identify value added opportunities and commercialise bioproducts with engineering solutions that maximise profitability, sustainability and health, safety and environmental (HSE) aspects.

"Our services in bio-based solutions cover the whole project life cycle from identifying opportunities through market studies and developing the business idea to the design and start-up of industrial scale production plants. This co-operation initiative will benefit both parties but especially our clients who can make use of the whole value chain advantages reached from one source, enabling smoother and more efficient R&D operations," says Nicholas Oksanen, Executive Vice President of Pöyry's Industry Business Group.

Further information:

Pöyry

Nicholas Oksanen
Executive Vice President, Industry Business Group 
Tel: +358 10 33 22294

Petri Vasara
Vice President, Management Consulting
+358 40 500 9553

Betulium Oy

Marko Lauraeus
Chief Executive Officer
Tel: +358 45 673 4159

Antti Laukkanen
Chief Scientific Officer
Tel: +358 40 750 6060

Did you know? Pöyry has been delivering bioindustry solutions for 60 years.
http://www.poyry.com/services/smart-solutions/bioindustry

About Poyry

Pöyry is an international consulting and engineering company that delivers smart solutions across power generation, transmission & distribution, forest industry, chemicals & biorefining, mining & metals, transportation and water. Pöyry's net sales in 2016 were EUR 530 million. The company's shares are quoted on Nasdaq Helsinki (POY1V). Approximately, Poyry has 5500 experts. 40 countries. 130 offices.

www.poyry.com