Today it is announced that Stora Enso has acquired all outstanding shares in Cellutech.
The acquisition of Cellutech supports Stora Enso’s vision of replacing fossil-based materials with renewable ones originating from wood. “Stora Enso has been with us from the start and we share the same belief that everything that is made from fossil-based materials today can be made from a tree tomorrow. Fostering breakthrough innovations in new materials is an important step to reach this goal and something that Cellutech has been working hard to master. We are now looking forward to the opportunities this acquisition will bring to the innovations we are working with” says Åsa Ek, CEO, Cellutech. Cellutech develops new sustainable wood-based materials. The company works with cutting-edge scientific research developed at Wallenberg Wood Science Center, and advances the ideas into commercially viable technologies and products. One example is Cellufoam, a lightweight foam made of paper which replaces traditional plastic foams, such as Styrofoam in packaging. The award-winning material can either be recycled as regular paper, or composted at home, and it will biodegrade should it end up in nature. “The market has been searching for a sustainable material that can replace Styrofoam and we believe that for certain products Cellufoam is the answer” says Paula Martirez, Business Development Manager, Cellutech. Work is now focused on scaling up the production to pilot. Other technologies Cellutech has include cellulose spheres, magnetic cellulose and transparent wood. As part of Stora Enso’s Biomaterials Division, the team will continue their work of developing and commercializing new materials and applications. For further information please contact: Åsa Ek, CEO +46 70 203 1817 About Stora Enso Part of the bioeconomy, Stora Enso is a leading global provider of renewable solutions in packaging, biomaterials, wooden constructions and paper. Stora Enso has some 26 000 employees in over 30 countries. Sales in 2017 were EUR 10 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).
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 Photo source: Nord Emballage 10 startups competed in the finale of the Packbridge Startup Challenge, held during the Top Packaging Summit on September 20 in Malmö. Cellutech presented its Cellufoam material and was awarded both 1st PRIZE selected by the jury and the audience vote BEST PITCH, sponsored by Empack. The jury's motivation was: "It is an innovative solution which addresses the recycling problem, it helps to create a circular material flow, it has a big potential impact on the B2B market, and you can grow a tree on it".
"We are very proud to have come this far after years of research, now Cellufoam is ready for the next stage which is scaling up to pilot. We have a very exciting time ahead of us", Paula Martirez, Business Development Manager, Cellutech. 
Packbridge Start-Up Day 2018 from Packbridge on Vimeo. The Packbridge Challenge is a competition directed towards companies with a unique business concept or innovation with the potential on the global market. Cellutech is competing with Cellufoam, a material innovation for use in e.g. sustainable protective packaging. The final competition will be held during the Top Packaging Summit, September 20th in Malmö.  Cellutech is proud to announce that three new Scientists have joined the team, Oruç Köklükaya, Maryam Ghanadpour and Daniel Hult.
Lyssna på Avsnitt 41 – Intervju med Åsa Ek på Cellutech från Skogspodden i Podcaster. https://itunes.apple.com/se/podcast/avsnitt-41-intervju-med-%C3%A5sa-ek-p%C3%A5-cellutech/id1112977508?i=1000415329978&mt=2    Du kanske tänker tidningar, parkettgolv eller möbler när du tänker på trä? Snart kan allt från högtalare till frigolit skapas av materialet – något som kan hjälpa Sverige att bli ett av världens första fossilfria välfärdsländer.
– Genom att ta forskningen från akademien till riktiga produkter ska vi bidra till att göra Sverige fossilfritt, säger Paula Martirez, kemist och affärsutvecklare på Cellutech. Regeringen, företag, kommuner och andra typer av aktörer kraftsamlar just nu för att Sverige ska bli ett fossilfritt land. För att nå dit behöver vi svenskar dock minska våra koldioxidutsläpp och det kan vi bland annat göra genom att fundera på hur material framställs och hur vi använder dem. Forskningsföretaget Cellutech grundades 2013 och arbetar med materialinnovationer från trä. De tar ständigt fram ny teknik och produkter för att bidra till en mer hållbar framtid. – Vi får in banbrytande uppfinningar av forskare som vi sedan utvecklar och förbereder för att komma ut i industrin. Vi jobbar med världsledande forskning med syfte att framställa nya material av cellulosa, beståndsdelen som finns i alla träd och växter, säger Åsa Ek, VD på Cellutech. Här avslöjar hon och Paula Martirez vilka uppfinningar som är på väg inom det helt förnybara materialet trä – framtagna för att vi ska kunna minska de fossila utsläppen.
Sweden has set a goal to become one of the first welfare nations to become fossil free. This does not only apply to energy. It is time to start asking ourselves where materials come from. Enjoy our new movie on the world of cellulose.
 The Pulp & Paper International Awards will hold its ninth annual awards dinner to celebrate leadership, vision, innovation and strategic accomplishments within the forest products industry. Cellutech is a proud finalist in "The Innovation In Cellulosic Applications Awards" category. The event will coincide with European Paper Week and take place in Brussels November 29, 2017.
Hope to see you there and wish us good luck! Åsa Ek, former Development Manager, has been appointed new CEO of Cellutech, a company that develops groundbreaking products based on materials from the Swedish forest.
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