Metsä Group and Qutwo, a Finnish AI and quantum technology company, are launching a collaboration aimed at deepening the use of artificial intelligence at Metsä and bringing next-generation AI into the core processes of the forest industry. Next-generation AI refers to solutions that can take into account a broader range of variables and simultaneously optimise complex systems.
Stora Enso has published its Circularity Plan, aligned with the first version of the Global Circularity Protocol for Business (GCP), and introduced a new target to increase material circularity in its direct operational control. The plan outlines the company’s comprehensive approach to advancing circularity, including target setting and the integration of circular economy principles into its strategy and daily operations.
Eni and BMW Group signed an agreement to power the BMW vehicles of corporate fleets in Italy with HVOlution (Hydrotreated Vegetable Oil), a diesel biofuel that is produced from 100% renewable feedstocks by Enilive. Enilive is Eni’s company dedicated to products and services for a more sustainable mobility. With an approach that aims to support a successful energy transition through the usage of all available technologies, the BMW Group considers 100% pure HVO as an important solution towards an “Eligible Fuels only-fleet” for its customers, and as an effective product that can immediately contribute to decarbonize road transport. In 2025, across the entire supply chain, the average CO₂eq emissions reduction of Enilive HVO was 79.5% compared to the reference fossil mix.
CEO Tom Van Aken and Her Majesty Queen Maxima. Source: Avantium
Avantium, a Dutch company specialised in renewable and circular polymer materials, started a collaboration with Portuguese textile manufacturer Casa da Malha and sportswear brand Lacatoni to develop and showcase textile prototypes made with PEF (polyethylene furanoate), Avantium’s plant-based, high-performance polymer branded as releaf®. The collaboration explores the potential of PEF in textile applications, combining Avantium’s renewable polymer technology with Casa da Malha’s expertise in advanced knitted fabrics and Lacatoni’s experience in sportswear design and performance apparel. The project has resulted in a range of prototype textile products that will be presented to industry stakeholders and consumers to demonstrate the material’s potential in the textile sector.
Virginia Puzzolo, Head of Program at CBE JU at IFIB 2023 in Florence
CBE JU has published its 2025 Annual Activity Report, presenting a year of strong demand, broader participation and tangible progress in supporting Europe’s circular bio-based sector. From record interest in the call for proposals, strong SME and newcomer participation to industrial deployment milestones, progress towards KPIs and wider engagement of new organisations and underrepresented countries, the latest results underline CBE JU’s contribution to the EU’s strategic goals.
Goldwin Inc., Neste, Idemitsu Kosan Co., Ltd., and Toray Industries, Inc. have established a supply chain for nylon fiber made from renewable raw materials. Neste supplies Neste RE™, a renewable raw material that enables the production of high-performance renewable nylon fiber and reduces the reliance on fossil feedstocks. The nylon fiber produced through this project is scheduled to be used by Goldwin for a part of THE NORTH FACE products in August 2026.
UPM has reached an agreement with Avantium N.V. to acquire the intellectual property related to Avantium’s Ray Technology®, a process for the production of bio-based mono-ethylene glycol (MEG) and mono-propylene glycol (MPG) from plant-based sugars. The transaction comprises Avantium’s patent portfolio and invention disclosures related to Ray Technology® and is for UPM not material in financial terms. The strategic value lies in the expansion of UPM’s intellectual property position across the conversion of lignocellulosic biomass to bio-based glycols.
P2 Science, Inc., a leading green chemistry company transforming sustainable feedstocks into high-performance ingredients, announced the close of an oversubscribed $23 million up round led by Sofinnova Partners. Sofinnova is a leading European life sciences venture capital firm based in Paris, London, and Milan. The financing will accelerate P2’s commercial growth in beauty and personal care ingredients and expand the company’s green chemistry platform into new markets, including aroma technologies, performance polymers, home care, coatings, and crop care.
Milano is hosting today the third edition of BioInvestIT, the key investment forum for circular bioeconomy organized by Italian Circular Bioeconomy Spring together with the European Circular Bioeconomy Fund (ECBF) and Bio4Dreams and the support of TerraNext, LCA and Bioinvest Europe. The event brings together innovative businesses and projects seeking capital with financial and corporate investors from all over Europe.
Jennifer Holmgren, CEO LanzaTech, at IFIB 2019 in Naples
BRIGHT, the Novo Nordisk Foundation Biotechnology Research Institute for the Green Transition at the Technical University of Denmark (DTU) and LanzaTech Global, Inc., a global leader in gas fermentation, have entered a multi-year agreement to accelerate development of technologies that convert carbon emissions into valuable products.