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OptiCept Signs Agreement with One of the World's Largest Forestry and Paper Producers
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Beskrivning
| Land | Sverige |
|---|---|
| Lista | First North Stockholm |
| Sektor | Material |
| Industri | Forskning & Utveckling |
OptiCept Technologies has signed an agreement for the company's OptiBoost® application for cuttings with an Indonesian company that is one of the world's largest in the forestry industry. The agreement aims to evaluate improved rooting for the approximately 1 billion cuttings the customer produces annually in Indonesia.
As part of the project, an OptiBoost unit will be installed at one of the customer's facilities in Indonesia. The goal is to enhance rooting for cuttings, including eucalyptus, to streamline nursery operations and improve yield per hectare of planted forest. Installation and commissioning are planned for Q2 2025.
“This is an important agreement for us with significant potential, as the customer is a dominant player not only in Indonesia but globally. We have managed to create strong momentum in cuttings with our projects in South Africa, China, and South America. Through existing projects and customers, we now have the potential to treat approximately 2-3 billion cuttings annually. This is another step forward in the growth journey for the OptiBoost application," says Thomas Lundqvist, CEO of OptiCept Technologies.
The customer is one of the world's leading manufacturers of pulp, paper, and packaging, headquartered in Jakarta, Indonesia. Founded in the 1970s, the company sells its products in over 150 countries across six continents. As part of their sustainability efforts, the company is committed to ensuring that 100% of the raw materials for paper production come from planted forests.
Contacts
For further information, please contact:
Thomas Lundqvist, CEO
+46 73 268 05 70
Thomas.Lundqvist@opticept.se
Déspina Georgiadou Hedin, CFO
+46 76 569 78 73
Despina.georgiadou@opticept.se
About Us
OptiCept Technologies AB (publ) provides the food and plant industry with technological solutions that contribute to a more sustainable world and enable climate-smart economic growth. OptiCept optimizes biological processes - Increased extraction from raw material, extended shelf life, reduced waste, and improved quality (taste, aroma, color, nutritional content) of the final product.
The positive effects of technology increase efficiency for our customers, better products for the consumers, and minimal impact on our environment. Through patented technology in PEF (pulsed electric field) and VI (Vacuum Infusion), the technology opens up new business opportunities for the food and plant industry worldwide. OptiCept's vision is to contribute to a sustainable world by offering efficient green cutting-edge technology that is easy to use in the areas of FoodTech and PlantTech.
The company is located in Lund and the share is traded on the Nasdaq First North Growth Market (ticker: OPTI). The Company’s Certified Adviser is Carnegie Investment Bank AB (publ).
For further information visit:
OptiCept Technologies Official Website