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.
"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.
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.
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.