UPM Timber has launched a carbon storage calculator on its website. With the carbon storage calculator, wood industry professionals, UPM Timber’s customers and consumers can easily calculate the amount of carbon sequestered in wood raw material and examine its climate impacts.
Berlaymont, European Commission’s Headquarter in Brussels
Yesterday, the Commission presented the Clean Industrial Deal, a bold business plan to support the competitiveness and resilience of European industry. “The Deal will accelerate decarbonisation, while securing the future of manufacturing in Europe.” “Faced with high energy costs and fierce and often unfair global competition, our industries – the EU Commission stated – need urgent support. This Deal positions decarbonisation as a powerful driver of growth for European industries. This framework can drive competitiveness as it gives certainty and predictability to companies and investors that Europe remains committed to become a decarbonised economy by 2050.”
Metsä Group has completed a new Life Cycle Assessment (LCA) of its Kuura textile fibre. The assessment shows that Kuura’s global warming potential (GWP100, fossil) score is less than one-third of the next best option, viscose. The Kuura project is currently in a demonstration phase. The new textile fibre is being developed by Metsä Group’s innovation company Metsä Spring. The LCA was made by Etteplan. The LCA study and comparison to alternative cellulosic fibres were critically reviewed by RISE Research Institutes of Sweden.
“Currently, there are policy frameworks for food, feed and bioenergy, but not for bio-based chemicals and derived materials. This gap puts the bio-based chemicals and derived materials sector at a disadvantage, and has also an impact on investments in Europe.”. Dirk Carrez, executive director of BIC (Biobased Industries Consortium) talks to Il Bioeconomista.
CEO Tom Van Aken and Her Majesty Queen Maxima. Source: Avantium
Avantium N.V., a leading company in renewable and circular polymer materials, signed a joint development agreement with Amcor Rigid Packaging USA, a leader in responsible packaging solutions. This partnership aims to explore the use of Avantium’s plant-based polymer PEF – branded as releaf® – in rigid containers for various products, including food, beverage, pharmaceutical, medical, home, and personal care.
Fourteen cluster from eleven different European countries will launch today in Brussels the European Bioeconomy Clusters Alliance (EU Bioeconomy Clusters Alliance), a new European network that unites efforts to boost the growth of a circular and sustainable bioeconomy across Europe.
“For me and Futerro, innovation in the bioeconomy is all about reinvention and transition. It’s about finding alternative solutions that weave sustainability, circularity, and ecological resilience into the very core of what we do.” To say it – in this exclusive interview with Il Bioeconomista – is Frederic Van Gansberghe, CEO of Futerro and the Most Innovative Bioeconomy CEO 2024.
According to him, “there is a clear gap between Europe’s ambitions and reality. Many industrial players usually ask to reduce the number of regulations and directives; in my case, I would request to increase their quality”
The Repsol’s Board of Directors has officially approved the Final Investment Decision (FID) for the Ecoplanta project, marking a significant milestone in the drive for the supply of sustainable fuel and product.
The EU Commission yesterday launched a new Biotech and Biomanufactoring Hub to support companies – particularly start-ups and SMEs – in bringing innovative products to the EU market and increase their competitiveness. The Hub will also help companies identify the support available to them at EU level and how to access this support to help them to expand and grow.
Berlaymont, European Commission’s Headquarter in Brussels
Yesterday, the EU Commission presented the Competitiveness Compass, the first major initiative of this mandate providing a strategic and clear framework to steer the Commission’s work. The Compass sets a path for Europe to become the place where future technologies, services, and clean products are invented, manufactured, and put on the market, while being the first continent to become climate neutral.