WPU recruits Lotte Rosenberg as co-CEO to lead the international growth of WPU

17 Mar 2023 07:10 CET

Date: March 17, 2023
Announcement no: 7
ISIN: DK0061676400


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WPU recruits Lotte Rosenberg as co-CEO to lead the international growth of WPU
WPU - Waste Plastic Upcycling A/S is pleased to announce that Lotte Rosenberg
from April 1, 2023 will join the executive management team of WPU as co-CEO.
Lotte Rosenberg will report to the Board of Directors and be responsible for the
roll-out of the international growth strategy of WPU which is of primary focus.

Lotte Rosenbergs has a background as senior vice president at Ørsted and Chief
Commercial Officer at Nature Energy at which her primary focus was growth
strategy, expansion activities, identifying relevant partnerships and setting up
organizations in Northern Europe and North America.
Chairman of the Board of Directors Niels Stielund: “WPU is pleased to welcome
Lotte to the management board. Lotte will bring significant and valuable “hands
on” knowledge and experience on how to implement the international growth
strategy of WPU. Building and installing our Fårevejle facility in appx. 12
months demonstrates the scalability of the WPU batch technology and underlines
why it is peer-leading in respect of low CAPEX, high Capacity and fast-paced
construction.”
CO-CEO Lotte Rosenberg: “ I am very excited to join WPU and to lead their
international growth journey focusing on sustainably converting End-of-Life
Plastics into chemicals and energy.”
WPU CEO Niels Henrik Bagge’s engagement remains unchanged with a dedicated focus
on the optimization and implementation of the WPU - Technology and the rollout
of WPU-Facilities in Fårevejle, Nakskov, and Esbjerg.
WPU CEO Niels Henrik Bagge: ”The extra commercial resources that Lotte brings to
WPU will support that the milestone results accomplished in Fårevejle can be
executed on an international scale. “



About WPU:

WPU Waste Plastic Upcycling A/S is a Danish company focused on upcycling plastic
waste to oil, that may be used as full range Naphtha or may be distilled to
kerosene/jet fuel. The strategy and main goal of Waste Plastic Upcycling A/S is
to upcycle end-of-life plastic waste by using its batch pyrolysis technology.
WPU aims for further expansion, in the European market as well as globally. WPU
is well positioned for this expansion with its proven technology that is
peer-leading in respect of low CAPEX, high capacity and ast-paced construction
which will set the future standards in the growing market for plastic pyrolysis
within the waste plastic industry.



For further information, contact:
Klaus H Lindblad, Vice Chairman, Global Head of IR and Legal, e-mail:
KL@WPU-DK.COM.


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