FPIRC Course no 21 – Orientation: Economics in Pulp and Papermaking

11 dec 2014

KTH/SLU, 9–12 mars 2015, KTH Stockholm. Anders Roos / Matti Stendahl / Nippe Hylander

Economic drivers for new biomaterials and chemicals – Different industry’s technical and economical driving forces and the challenge of joining industries

Course description/Content: The course is a post-gradual course. The objective is to increase the understanding of the interplay between economic and technology factors, and between different industrial sectors, in the forest-based value chains and biorefinery production. The course combines economic and management theory lectures with presentations of industrial cases by industry representatives.

The course is aimed at university and industry researchers and personnel with general interest in the economics of the forest-based value chains. Some fundamental knowledge of forest industry processes is necessary.

Driving forces behind the bioeconomy concept and biorefineries

The economics of biorefinery industry

Economic aspects of forest industry/biorefinery investment and operations

Strategic considerations in the forest industry

Innovation and the biorefinery

Marketing and customer behavior

Learning objectives: At the end of this course the participants shall recognize the main economic driving forces affecting different actors along the forest-based value chain. They should also have a good understanding about the economic mechanisms behind the change process in the sector. The students shall understand the different uses of central economic concepts, methods, models and key performance indicators or ratios - when and how to use which - and in a seminar task case apply some of these.

Aim of the course: The course aims to show how technology, economics, and market dynamics interplay within business economic conditions in the sector. In a seminar task (1 - 3 persons jointly) demonstrate an ability to use the economic models and theories to analyse economic and management issues in the forest industry sector.

Emphasis will be on:

1. The economic role of the forest sector in a bioeconomy and the biorefinery concept.

2. The economic and technological drivers influencing the long-term structural transformation of the pulp&paper and supplier industries - globally and at home.

3. How forest industries act strategically to define their goals and to handle external and internal factors.

4. The economic significance of forest based supply chain management.

5. Innovation management and marketing in the forest industries.

In a seminar task case they shall apply and assess the models used, to analyse a relevant and realistic issue in a case study. The assignment is presented in a written document and in a seminar.

Course co-ordinator: Prof. Monica Ek


FPIRC, with passion for knowledge

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