Wood’s molecular-level innovations open up incredible opportunities

Juuso Konttinen

Juuso Konttinen, who joined Elomatic’s board just over 1.5 years ago, leads the biomaterials growth business unit at Stora Enso. His team is currently immersed in the exciting fields of sustainable battery materials, bio-based chemicals, and renewable fiber products.

The forest industry produces carbon dioxide (CO2), which contributes to climate change, during its processes. What steps are you taking to capture and further utilize it?

We are actively researching carbon capture from our processes and the potential for converting it into new products. We already have a pilot project to capture carbon underway in Skutskär, Sweden. A key distinction compared to carbon capture in fossil-based industries is that our CO2 emissions are mostly biogenic: when we capture CO2 from pulp production and convert it into new products, those products are bio-based, providing a significant advantage.

What do you see as the biggest obstacles to advancing sustainability?

First, developing new technologies is anything but fast and straightforward. It requires significant long-term effort and investment to find and implement technologies that can produce what customers want while considering sustainability. Additionally, commercializing new products takes time, especially when these products have new or different properties. If the new products are direct, one-to-one replacements for current fossil-based alternatives, customer adoption tends to be quicker and smoother.

Are customers willing to pay for sustainable products?

Some products are more expensive initially compared to their less sustainable counterparts, making it essential to find the right customers who recognize their value within their own businesses and are willing to pay the appropriate price. Overall, there has been a noticeable shift in customer expectations.

Customers vary widely: some are early adopters eager to introduce sustainable products into the market and expand their portfolios, believing it is the right thing to do. Others are more reactive, influenced by the value chain as end customers demand products that meet specific sustainability criteria. Additionally, there are regulated sectors where certain standards must be met, as well as business areas where sustainability is not a primary decision factor and is often undervalued. Fortunately, even in these latter areas, an increasing number of customers are beginning to take the initiative.

Juuso Konttinen StoraEnso

Juuso Konttinen

Age: 48

Lives in: Sipoo, Finland

Education: M.Sc. (Tech), M.Sc. (Econ), M.Sc. (Pol.Sc.), executive education in Harvard, IMD, Kellogg, Aalto

Employment history: Various business and leadership positions at the leading Nordic forest industry companies in Finland, the USA and Germany, multiple Board and Advisory Board positions including Chair and Vice-Chair roles in different companies and associations

Hobbies: Country house and lake activities, sports (own and kids), reading and music

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