{"id":21570,"date":"2023-12-22T07:33:41","date_gmt":"2023-12-22T07:33:41","guid":{"rendered":"https:\/\/www.kiilto.com\/newsroom\/kiilto-ventures-invests-in-recoma-a-swedish-startup-specializing-in-100-recycled-construction-boards\/"},"modified":"2023-12-22T07:33:41","modified_gmt":"2023-12-22T07:33:41","slug":"kiilto-ventures-invests-in-recoma-a-swedish-startup-specializing-in-100-recycled-construction-boards","status":"publish","type":"post","link":"https:\/\/www.kiilto.com\/newsroom\/kiilto-ventures-invests-in-recoma-a-swedish-startup-specializing-in-100-recycled-construction-boards\/","title":{"rendered":"Kiilto Ventures invests in RECOMA, a Swedish startup specializing in 100% recycled construction boards"},"content":{"rendered":"<p ><span>The construction industry is one of the largest contributors to carbon emissions and waste generation. In Sweden alone, the construction industry accounts for 20% of total CO2 emissions (as much as all cars in Sweden) and a third of the country&rsquo;s waste.<\/span><\/p>\n<p><span>&ldquo;We are proud to contribute to construction&rsquo;s sustainability revolution and the transition towards zero waste and zero emission building materials, helping companies and contractors make needed changes today without new tools, extra knowledge or premium prices,&rdquo; says RECOMA CEO <strong>Max Rosenberg<\/strong>.<\/span><\/p>\n<h2><span>Giving new life to discarded waste<\/span><\/h2>\n<p><span>Composite packaging &ndash; blends of different types of paper and plastics &#8211; is great for protecting the integrity of products, but difficult to recycle. That&rsquo;s why only a small part of packaging goes into new content, the rest is typically incinerated.<\/span><\/p>\n<p><span>With RECOMA&rsquo;s patented process, packaging waste like food cartons and beverage containers is first sterilised and shredded before being pressed it into boards under high heat. Now single-use items can get recycled and remanufactured into durable components while emitting 80-90% less carbon than the production of traditional, wood-based or gypsum construction boards.<\/span><\/p>\n<p><span>&ldquo;RECOMA is an example of how when we, as individuals and companies, successfully sort our waste, we enable innovation to happen at the other end &ndash; where discarded items can be upcycled into valuable products&rdquo; says<strong> Christopher Mills<\/strong>, Discovery Partner at <a href=\"https:\/\/kiiltoventures.com\/\">Kiilto Ventures<\/a>.<\/span><\/p>\n<p><img loading=\"lazy\" alt=\"\" height=\"345\" src=\"https:\/\/mb.cision.com\/Public\/18411\/3897861\/ae370b80e345bb28_800x800ar.png\" width=\"613\"><\/p>\n<h2><span>RECOMA makes sustainability simple for construction<\/span><\/h2>\n<p><span>Notable early adopters, including Skanska and Tetra Pak, are leveraging RECOMA to meet corporate and customer environmental targets.<\/span><\/p>\n<p><span>&ldquo;We see a gap in construction technology and traditional materials, and with new embodied carbon targets that are proliferating around the Nordics, we believe RECOMA is in a great position to decarbonize our building stock,&rdquo; says Head of Kiilto Ventures <strong>Matti R&ouml;nkk&ouml;<\/strong>.<\/span><\/p>\n<h2><span>Building a sustainable future, fast<\/span><\/h2>\n<p><span>In 2023, RECOMA recycled around 1 000 tonnes of waste. This investment will enable RECOMA to recycle 7 000 tonnes of waste annually, as of 2024.<\/span><\/p>\n<p><span>&ldquo;This funding means more machinery, more production capacity, more waste being recycled, and more &nbsp;carbon emissions ultimately being saved in the construction industry&rdquo; says Rosenberg.<\/span><\/p>\n<p><span>RECOMA&rsquo;s innovative approach has recently earned them the 2023 New Ideas award from SEB&#39;s prestigious Next Awards program.<\/span><\/p>\n<p><span>&ldquo;The RECOMA founders have managed to crack selling to a really conservative industry. We&rsquo;re particularly impressed by their ability to execute &ndash; from how they collaborate with other startups to multiply their impact and how they work hard to prove their solution works,&rdquo; concludes Mills.&nbsp;<br \/>\n___<\/span><\/p>\n<p><span><strong>Kiilto Ventures<\/strong> invests in and builds early-stage startups that future-proof the built environment and regenerate nature. Kiilto Ventures is the VC of Kiilto, a family-owned company based in Finland with a 100+ year-old history and 2080 vision, aiming to be an environmental leader in the areas of construction, industrial adhesives and fire proofing, professional hygiene and consumer goods.<\/span><\/p>\n<p><span><strong>RECOMA<\/strong> gives new life to discarded waste and turns it into low-carbon, circular construction boards that can replace traditional boards without extra cost or effort.<\/span><\/p>\n<h3><span>For more information, please contact:<\/span><\/h3>\n<p><span>Matti R&ouml;nkk&ouml;, Head of Kiilto Ventures&nbsp;<br \/>\nKiilto Ventures&nbsp;<br \/>\nmatti.ronkko@kiilto.com<br \/>\nTel. +358 40 628 0999<\/span><\/p>\n<p><span>Max Rosenberg, CEO&nbsp;<br \/>\nRECOMA&nbsp;<br \/>\nmax.rosenberg@recoma.se&nbsp;<br \/>\nTel. (+46) 0700 880 890<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The construction industry is one of the largest contributors to carbon emissions and waste generation. In Sweden alone, the construction&#8230;<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":""},"categories":[4,273,293],"tags":[11,16,276,277,281],"lang":"en","translations":{"en":21570},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/www.kiilto.com\/wp-json\/wp\/v2\/posts\/21570"}],"collection":[{"href":"https:\/\/www.kiilto.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kiilto.com\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kiilto.com\/wp-json\/wp\/v2\/comments?post=21570"}],"version-history":[{"count":0,"href":"https:\/\/www.kiilto.com\/wp-json\/wp\/v2\/posts\/21570\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.kiilto.com\/wp-json\/wp\/v2\/media?parent=21570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kiilto.com\/wp-json\/wp\/v2\/categories?post=21570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kiilto.com\/wp-json\/wp\/v2\/tags?post=21570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}