EcoCeres Latest News: Welcomes Matti Lievonen as Executive Chairman

Key Takeaways

Leadership Appointment: EcoCeres Inc. announces Matti Lievonen as the new executive chairman, effective January 29, 2024.
Renewable Energy Advocacy: Lievonen is celebrated for his commitment to biomass-based biofuels and bioproducts, aiming to enhance the adoption of renewable fuels across various industries.
Strategic Vision for Growth: Under Lievonen’s guidance, EcoCeres aims to achieve unprecedented growth by innovating in turning waste into renewable fuels and products.
Partnership Progression: From a special advisor to senior advisor, and now executive chairman, Lievonen’s evolving role signifies Bain Capital’s strategic investment and confidence in EcoCeres.
Commitment to Sustainability: Lievonen expresses excitement to contribute to EcoCeres’s mission of using 100% biomass inedible waste for sustainable aviation fuels, emphasizing innovation and carbon neutrality.

EcoCeres Inc. Enhances Leadership for Renewable Innovation

EcoCeres Inc. is excited to announce the appointment of Mr. Matti Lievonen as the executive chairman, a move that marks a significant milestone in the company’s journey towards becoming a leader in the renewable energy sector. Effective January 29, 2024, Lievonen will lead the Board of Directors at EcoCeres, bringing his extensive experience and dedication to sustainability to the forefront of the company’s operations.

A Career Dedicated to Renewable Fuels

Matti Lievonen, a respected figure in the energy sector, is known for his active promotion of biomass-based biofuels and bioproducts throughout his career. His efforts have played a crucial role in driving the adoption of renewable fuels across various industries. Dr. Peter Lee Ka-kit, Chairman of Towngas China Company Ltd., and the incubating shareholder of EcoCeres, praised Lievonen’s strategic vision, emphasizing his potential to propel EcoCeres to new heights of innovation and growth.

“We are thrilled to have Matti Lievonen join EcoCeres as the executive chairman. Under his leadership, we will have the opportunity to bring EcoCeres to the next level of growth at unprecedented scale and depth, tackling climate change with innovative solutions by turning waste to wonders,” remarked Dr. Lee.

From Advisor to Executive Chairman

Lievonen’s relationship with EcoCeres evolved significantly, starting as a special advisor in May 2022 when Bain Capital was exploring a strategic investment in EcoCeres. Following Bain’s significant equity investment, he served as a senior advisor to the company before assuming his new, more pivotal role.

Jonathan Zhu, Partner and Co-head of Bain Capital Private Equity Asia, highlighted Lievonen’s dedication to sustainability and his influence on advancing renewable fuels and products on a global scale. “We look forward to working with him more deeply down the road,” Zhu stated.

A Vision for Carbon Neutrality and Innovation

Expressing his enthusiasm for his new role, Matti Lievonen said, “I am very excited to officially take on this exceptionally meaningful role at EcoCeres, a company that will unlock vast potential to tackle climate change.” He praised the company’s in-house developed technology, scalable refinery platform, and commitment to converting 100% biomass inedible waste into sustainable aviation fuels.