“The Bio-based industry grows really strong in confidence. In just a few years, it moved mountains by creating new value chains. This means new partnerships between sectors that never worked together before”. Dirk Carrez, executive director of BIC, which represents the private sector in a Public-Private Partnership (PPP) with the European Commission, also known as the Bio-based Industries Joint Undertaking (BBI JU), talks to Il Bioeconomista. In this long interview with us he talks about the main achievements of the bio-based industry in Europe and its new vision 2050. “Only with a renewed BBI JU will we be able to effectively work towards realising the Circular Bio-Society”, he says.
The Bio-based Industries Consortium (BIC), the private partner in the Bio-based Industries Joint Undertaking (BBI JU), has published three new Country Reports mapping the potential and identifying opportunities for expanding the bio-based industry in Poland, Portugal and Romania.
Comet Biorefining, the Canadian company focused on the production of high-purity cellulosic dextrose, completed a round of equity financing led by new investor PM Equity Partner. Current investor Sofinnova Partners and new investor Bioindustrial Innovation Canada (BIC) also participated in the financing, whose terms were not disclosed.
The Bio-based Industries Consortium (BIC) announced at its general assembly the results of the first extensive macro-economic study on the European Bioeconomy. The study, performed by nova-Institut, shows a turnover of 2.1 trillion EUR and employment of 18.3 million jobs for the European Bioeconomy.