The decision on the increased funding means that WWSC’s research program “New materials from trees for a sustainable future” can now be expanded.
– The long-term research investment aims to enable a sustainable future and to strengthen the Swedish forest industry’s competitiveness and lay the foundation for new companies based on innovations in the field, Peter Wallenberg Jr. explains.
With the increased funding, the foundation has invested a total of SEK 1 billion in research within WWSC. KAW has also financed the construction of the ForMAX beamline at MAXIV, specially dedicated to forest industry research.
– Wood is an extremely important and exciting resource for a sustainable future because wood-based materials have a great potential to replace fossil-based materials, they can also form the basis for completely new materials with new properties, says Eva Malmström, director of WWSC.
The increased funding of WWSC is part of KAW’s investment of just over SEK 3 billion in research on sustainable materials. In connection with the announcement of the continuation of WWSC, the foundation’s major research initiative Wallenberg Initiative Material Science for Sustainability (WISE) was launched, led by Professor Magnus Berggren, LiU.