Esa Laurinsilta is the Director of Strategic Partnerships at UPM, a global biofore company with sales of EUR 10 billion in 2013. UPM sees the transition to a bioeconomy as the sixth industrial revolution and is developing sustainable and bio-based solutions to replace oil-based materials. UPM is exploring new business opportunities in biochemicals, biofibrils, biocomposites, and renewable diesel by leveraging its forest biomass platform and existing competencies in pulp, plantations, and biofuels.