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EcoCeres Appoints Matti Lievonen as Executive Chairman

"We have come a long way with Matti Lievonen, from having him be our special advisor since May 2022 when Bain Capital was looking into a strategic investment in EcoCeres, to having Matti serve as a senior advisor to the company after Bain completed our significant equity investment, and now he takes on an even more pivotal role as the executive chairman," said Jonathan Zhu, Partner and Co-head of Bain Capital Private Equity Asia. "We are inspired by Matti's dedication to sustainability and his leadership to drive change in advancing the renewable fuels and products on a global scale. We look forward to working with him more deeply down the road."
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"We have come a long way with Matti Lievonen , from having him be our special advisor since May 2022 when Bain Capital was looking into a strategic investment in EcoCeres, to having Matti serve as a senior advisor to the company after Bain completed our significant equity investment, and now he takes on an even more pivotal role as the executive chairman," said Jonathan Zhu , Partner and Co-head of Bain Capital Private Equity Asia. "We are inspired by Matti's dedication to sustainability and his leadership to drive change in advancing the renewable fuels and products on a global scale. We look forward to working with him more deeply down the road."

"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. Ever since I started to know this company, I have been intrigued by its cutting-edge in-house developed technology, its comprehensive and scalable refinery platform, as well as its commitment to using 100% biomass inedible waste to turn into sustainable aviation fuels," said Matti Lievonen . "I am excited about the talents, the passion and the experience of EcoCeres team. I look forward to working with all my colleagues and stakeholders to drive innovation and technology advancement and find solutions for our partners to attain carbon neutrality."

Matti Lievonen is a prominent and well-respected Finnish business executive known for his contributions to the energy sector with an illustrious career spanning several decades. He is most recognized for his tenure as the CEO and President of Neste Corporation. Prior to joining Neste, Lievonen held various executive positions at Finnish UPM Biofore Corporation. He has also served on the board of directors for several organizations, including Chairman of Fortum Finnish Energy Company, SSAB, Vice Chairman Global steel company, Solvay global chemical company, and the Confederation of Finnish Industries.

EcoCeres is a world-leading biofuel and bioproducts platform, with over a decade of experience in biomass utilization. Founded with a mission to address the challenges of climate change, by reconnecting humanity with the wonders of nature, EcoCeres has earned a reputation as a global innovator in the conversion of waste-based biomass into biofuels, biochemicals, and biomaterials. As an ISCC-certified decarbonization solution provider, the company stably produces industrial- scale sustainable aviation fuel (SAF) and hydro-treated vegetable oil (HVO) through its proprietary processes.

For more information about EcoCeres, please visit https://www.eco-ceres.com

View original content:https://www.prnewswire.co.uk/news-releases/ecoceres-appoints-matti-lievonen-as-executive-chairman-302085026.html

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