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BIO-BASED INDUSTRIES SUCCESS STORIES

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Presentation on theme: "BIO-BASED INDUSTRIES SUCCESS STORIES"— Presentation transcript:

1 BIO-BASED INDUSTRIES SUCCESS STORIES
What are the Bio-Based Industries Success Stories? A showcase of BIC industry member investments in Europe Why? Shine a spotlight on BIC members harnessing power of renewables to transition to a post-petroleum society Highlight role played by BIC members in accelerating innovation and market uptake of bio-based products in Europe Raise awareness of the impact of investments for the bioeconomy Provide examples of the leveraging effect of the BBI JU public-private partnership

2 FIRST2RUN – INTEGRATED BIOREFINERY FOR DRY CROPS
Flagship demonstration of integrated biorefinery Feedstock: cardoon (up to 3.5 kha) - large-scale cultivation through the involvement of local farmers Products: bio-based azelaic and pelargonic acid Impact/benefits: Cascading use of biomass Reduction in thermal and electric energy consumption of chemical processes BIC members: NOVAMONT Alma Mater Studiorum – Università di Bologna PROJECT DETAILS Type of project: BBI-Flagship Start date: July 2015 Duration: 4 years Total cost: €25 million Industry investment: €8 million Headquarters: Novara, Italy Website: PROJECT PARTNERS

3 VALCHEM – CHEMICAL BUILDING BLOCKS FROM WOOD
Develop a sustainable and integrated process to convert wood into useful end products. Feedstock: wood Products: wood-based chemicals with a value two to six times higher than traditional products Impact/benefits: Job creation and increased regional development BIC members: UPM METabolic Explorer PROJECT DETAILS Type of project: BBI-Demo Start date: January 2015 Duration: 4 years Total cost: €18.5 million Industry investment: €5.4 million Headquarters: Augsburg, Germany Website: PROJECT PARTNERS

4 THE NEXT-GENERATION BIOPRODUCT MILL
Build world’s first next-generation bioproduct mill Feedstock: wood Products: broad range of bio-based products, manufactured by a unique ecosystem of companies Impact/benefits: Mill will create 2,500 jobs across the value chain €0.5 billion increase in annual value of Finnish exports BIC member Metsä Fibre PROJECT DETAILS Type of project: Company initiative Start date: May 2015 Duration: 3.5 years Total investment: €1.2 billion Headquarters: Äänekoski, Finland Website:

5 NEWFERT – NUTRIENT RECOVERY FROM BIOWASTE
BBI-RIA: Use biowaste as a secondary raw material in cost-effective, eco-friendly and advanced fertilisers Feedstock: nitrogen, potassium and phosphorus (NPK) recovered from biowaste Products: fertilisers Impact/benefits: Reduced resource depletion and fertiliser production from petrochemicals Improved waste management BIC member: Universidad de León PROJECT DETAILS Type of project: BBI-RIA Start date: November 2015 Duration: 4 years Total cost: €2.4 million Industry investment: €1.2 million Headquarters: Madrid, Spain Website: PROJECT PARTNERS

6 LEVULINIC ACID PRODUCTION
Produce levulinic acid at commercial scale directly from biomass Feedstock-flexible process which allows for wide range of downstream transformations. Products: 10 kta of levulinic acid, 2 kta of formic acid Benefits: New value chains centred on levulinic acid 600 direct and indirect jobs and €40 million injected into the economy BIC member: GFBiochemicals PROJECT DETAILS Type of project: Company initiative Start date: 2015 Total investment: €30 million Headquarters: Caserta, Italy Website:


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