Scandinavian company Stora Enso is investing 12 million euro to build a new production line that will manufacture biocomposite granules at Hylte Mill in Sweden. Biocomposite granules enable the use of renewable wood to substitute a large portion of the fossil-based materials in products typically produced in plastics. Production is scheduled to begin during the first quarter of 2018. The annual capacity will be approximately 15 000 tonnes per year. The ramp-up of the new production line and a new type of manufacturing is expected to take 2–3 years.
Global Bioenergies expands in the Netherlands. The French biotech company led by Marc Delcourt signed a contribution agreement with the shareholders of Syngip B.V. to transfer all Syngip shares to Global Bioenergies S.A. The transaction’s completion remains subject to the fulfilment of several suspensive conditions including approval by the shareholders of Global Bioenergies.
Dear Readers,
“It is great recognition of where Leaf has got to in the bioeconomy in a very short space of time. It is also recognition of our compelling technology.” Ken Richards, CEO of Leaf Resources, who has been voted by our readers as the most innovative bioeconomy CEO 2016, talks to Il Bioeconomista.
