Monday, August 1, 2022
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Henkel Adhesive Technologies emphasises on improving timber construction with fresh investment in 3RT, Melbourne, Australia. Along with partners the company has developed a robotic process to convert forest and plantation residue into high quality and unique hardwood products. With this investment Henkel has aimed to further expand its Engineered Wood business and to drive the implementation of sustainable future-oriented technologies.
The investment is made through Henkel Tech Ventures. “As part of our venturing activities we are looking for novel and scalable technologies complementing our existing portfolio in adhesives, sealants and functional coatings,” explains Paolo Bavaj, Head of Corporate Venturing at Henkel Adhesive Technologies. “We believe that the combination of 3RT´s capabilities with Henkel´s unique expertise offers the potential to further expand the market for engineered wood applications.”
“In order to expand and promote the use of wood as a material in construction and in buildings, Henkel continuously looks for partners with innovative technologies. 3RTs technology allows a more sustainable and innovative production of hardwood products that have the potential for a wide range of structural and decorative applications,” says Christian Fild, Global Head of the Engineered Wood business at Henkel. Acknowledging Henkel’s sustainability ambition for 2030, this investment plays an important role in enabling customers to achieve their own sustainability targets.
“3RT is focused on continuous improvement both in the fields of new material properties and methods of production to help address the significant environmental and supply challenges relating to old growth forests. In addition to our partnerships with Flinders University and Bosch, this partnership with Henkel will assist in turbo charging our technological advancements and global expansion”, says Peter Torreele, Managing Director of 3RT.