KaiCell Fibers CEO, Jukka Kantola: “Esko is an extremely welcome addition to the KaiCell team, especially since he is already very familiar with the project through our feasibility study, in which he played an important part. Our team can now confidently manage the complete value chain from stumpage to final market; another indication that the venture is in capable hands.”

For his part, Esko Nenola commented: “It feels great to have joined a strong professional team driving a venture with great potential towards realisation.”

KaiCell Fibers Ltd is an independent Finnish company committed to building a novel type of biorefinery in Paltamo, northeast Finland. The venture, which is managed by an experience forest industry team, draws on the abundant, sustainable and largely untapped softwood resources of the Kainuu region, and will process softwood fibres into value-added bio-products. The project will shortly enter the EIA phase.