OrganoClick was founded in 2006 as a university spin-off. The company’s operations and product offerings are based on a technology that changes the properties of cellulosic fibres in e.g. wood, textiles or paper by "clicking" on different functional molecules to the fibres which mimic natural chemical processes in growing plants, e.g. the organic waterproofing abilities of leaves. The company’s product offering consists of four business segments: Functional Wood, Green Coatings & Maintenance, Biocomposites and Non-Woven & Technical Textiles.
OrganoClick appears well-positioned to benefit from ESG trends. The EU plastic initiative will mean heavy regulation on plastic binders in non-woven material. As OrganoClick is the only provider of organic binders today, the company is in a sweet-spot to capitalise on the SEK 4bn market. Furthermore, in the BC segment, emissions in the cremation and health care industry have created a strong demand for OrganoClick’s Saga coffin and its bio-based risk-waste containers. With these products ramping up, OrganoClick looks set for significant sales growth.
The company is ramping up in several industries simultaneously, with different end-markets. For a small organisation, this could lead to a split focus, affecting the scale-up of some products negatively. Furthermore, the construction exposure is of cyclical nature, meaning that the company would be affected negatively by an economic slowdown.