OTHER NEWS 7 Jun 2016
What next for the paper industry? The need for a recarbonisation revolution
Martin à Porta, President and CEO of Pöyry PLC presents the need for a recarbonisation revolution at the Confederation of European Paper Industries (CEPI) CEO Forum.
7 June 2016 - Martin à Porta, President and CEO of Pöyry PLC recently spoke at the annual CEPI CEO forum about the need for the industry to embrace the recarbonisation revolution. The presentation was based on research undertaken by Pöyry’s Petri Vasara, Head of Biofutures.
The need for a recarbonisation revolution
The substitution of non-renewable materials (i.e. metals, minerals and fossil fuel-based materials) with newly emerging, more sustainable biomaterials enables us to ‘lock in’ carbon in more sustainable product cycles. Thus the two sides of the same coin in the emerging bioeconomy become: “recarbonise materials, decarbonise energy”.
With the world facing the profound issue of climate change and, at the same time, witnessing new developments in technology and materials sciences, this convergence makes the recarbonisation revolution of global material flows a multi-billion EUR business opportunity for the forest-based industries.
Moving just 1% of global business in packaging, plastics and cotton equates to about 10 billion EUR in annual revenue for the sustainable economy, whilst also helping the world tackle climate change. This figure could rise to 40 billion EUR with a 1% substitution of global volume of fossil fuels with biomass that is further processed within the forest industry.
Martin then showed the audience how new developments in technology and materials sciences have made it both possible and desirable for these changes to take place. Four materials - Lignin, sugar, nanocellulose and graphene - stand out as examples of where recarbonisation can be truly effective. The first three are carbon-based and graphene is pure carbon meaning they have the potential to radically change the materials world.
Read Pöyry’s Point of View report: The Recarbonisation Revolution for further details.
Pöyry is an international consulting and engineering company. We serve clients globally across the energy and industrial sectors and provide local services in our core markets. We deliver management consulting and engineering services, underpinned by strong project implementation capability and expertise. Our focus sectors are power generation, transmission & distribution, forest industry, chemicals & biorefining, mining & metals, transportation and water. Pöyry has an extensive local office network employing about 6,000 experts. Pöyry's net sales in 2015 were EUR 575 million and the company's shares are quoted on Nasdaq Helsinki (Pöyry PLC: POY1V).