Stora Enso was honoured with Biorenewable Deployment Consortium (BDC)’s 2020 Forest Products Innovation Award for the culture of innovation and leadership in the deployment of new sustainable biorenewable processes directed toward achieving the full value of trees. The award was presented virtually on Thursday, 22 October, as part of a webcast presentation given by Stora Enso about their innovation progress to attending BDC members, guests, and media.
“BDC is proud to honour Stora Enso with its 2020 Forest Products Innovation Award,” said BDC President and Co-Founder Masood Akhtar. “Stora Enso is an excellent example of a company that has developed a culture in the deployment of biorenewable processes that will add value to operations and make the company more viable for the future. This is the reason that Stora Enso refers to itself as the renewable materials company.”
“It is an honor for us to be recognised by BDC. This award is special to us because our approach to innovation combines our capabilities with renewable materials to drive change towards a more sustainable future. We accept this award on behalf of our worldwide team who are dedicated to innovation in the area of biorenewable products and processes,” said Lauri Lehtonen, Head of Innovation, Division Biomaterials, who received the award virtually on behalf of Stora Enso.
About Stora Enso
Part of the bioeconomy, Stora Enso is a leading global provider of renewable solutions in packaging, biomaterials, wooden constructions and paper. We believe that everything that is made from fossil-based materials today can be made from a tree tomorrow. Stora Enso has some 25 000 employees in over 30 countries. Our sales in 2019 were EUR 10.1 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY).
BDC, since 2006, has worked to bring together like-minded companies to share ideas and partner to deploy bio-processes that can be economic in the long run without government subsidy, by investigating new processes, being a resource, brokering partnerships, and holding two forums a year for its members, where leading edge information from various bio-companies is shared and tours are made of bio-facilities. BDC recognizes the need for low cost feedstock, cost effective measures such as integration of processes, high value products, and good management to achieve the economics needed for success.
Masood Akhtar, BDC President and Co-Founder
Harry Seamans, BDC Board Member.