Papyrus Restructures Amid Commercialisation Push—Can It Deliver?

Leadership Change Signals New Phase

Papyrus Australia Limited (ASX – PPY) has announced a significant leadership change as it pivots from research and development towards commercialisation. Daniel Schmidt, with over 15 years of experience in manufacturing, operations, and supply chain management, has been appointed as the new Chief Executive Officer. His recent collaboration with the company’s technology team and pilot customers positions him well to spearhead the next stage of growth.

Strategic Restructure to Support Growth

Alongside the CEO appointment, Papyrus is restructuring its support functions by outsourcing company secretarial and back-office services to Automic Group. This move aims to streamline operations and allow the executive team to focus on refining technology, expanding business development, and deepening customer engagement. The company secretary appointment will take effect from 1 September 2025.

From Innovation to Commercial Impact

Papyrus has built its reputation on patented technology that transforms agricultural waste; primarily from banana plantations; into sustainable alternatives to wood, paper, and plastic products. This eco-friendly process avoids harmful chemicals and aligns with growing market demand for sustainable packaging solutions. The company’s transition to commercial operations marks a critical juncture in scaling production and market presence.

Board Confidence and Future Outlook

The board, led by Executive Chair Prof. Al Jawhari, expressed strong support for the leadership and structural changes. These initiatives are designed to provide clear business direction, improve process efficiency, and modestly increase functional capacity as Papyrus advances its commercial objectives. Investors will be watching closely to see how these changes translate into operational performance and market traction.