Betolar Plc: Tuija Kalpala appointed as Chief Operating Officer

Betolar Plc

Company Release

31 July 2023 at 6:30 PM EEST

Betolar Plc: Tuija Kalpala appointed as Chief Operating Officer

Tuija Kalpala (M.Sc., Econ.) has been appointed as Chief Operating Officer and Member of the Management Team. She will take up her duties on 1 November 2023 at the latest and will report to the President and CEO Riku Kytömäki.

Kalpala has held demanding international management positions in supply, logistics and strategic development with Neste Corporation from 2004 to 2023 in Finland, North America and Germany. She also has experience in strategically significant commercial development projects. Until the end of June 2023, she was responsible for leading strategy execution and project management in Neste's Renewable Polymers and Chemicals business in Düsseldorf in Germany.

“Betolar’s focus is on ensuring the availability of side streams. At the same time, the company is seeking a stronger position in the value chain for side streams. The management of global logistics and supply chains is at the heart of this. Tuija brings to Betolar significant international experience in creating, developing and managing supply chains for both side streams and chemical sourcing”, President and CEO Riku Kytömäki says.

"Betolar's innovative solutions help to renew the entire construction industry and also reduce its CO2 emissions. Betolar is a forerunner and its global potential is huge.  I am excited to join the company in creating sustainable solutions for the construction industry and to bring my international experience on renewable products and the circular economy to the company", says Kalpala.

Betolar Plc

More information:

Riku Kytömäki, President & CEO, Betolar Plc, [email protected], +358 50 511 8288

Certified Adviser:

Aktia Alexander Corporate Finance Oy, +358 50 520 4098

About Betolar

Betolar Plc is a Finnish materials technology company that offers the production of sustainable and low-carbon concrete with the Geoprime® solution. The solution converts several previously unused, massive industrial by-products into a cement substitute.

Betolar's innovation can significantly reduce CO2 emissions compared to traditional cement-based concrete production by optimizing existing manufacturing processes. Betolar's mission is to reduce CO2 emissions and the use of virgin natural resources in construction.

Betolar was founded in 2016 and is headquartered in Kannonkoski, Finland. For more information, visit www.betolar.com/