OptiCept Signs Agreement with One of the World's Largest Forestry and Paper Producers
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.