Customer story
First-of-a-kind biorefinery to produce new renewable and bio-degradable biomaterial from lignin
"By far, Spinverse is the best funding expert we have worked with. The effort and engagement we got during the funding application process was excellent and we are very happy with the result."
Christopher Garrick, Co-founder and CEO, Lignin Industries.
Customer story in numbers
4.4
MILLION €
7.3
total investment in M€
3
YEARS
Funding instrument
Innovation Fund
The Thermoplastic Lignin Production (TLP) project will develop a first-of-a-kind biorefinery producing a completely new renewable and bio-degradable biomaterial (called RENOL®) from lignin, a by-product of the kraft pulping industry.
Key challenges
The innovative solution will help replace fossil-based plastics, such as polyethylene, and help avoid more than 70% of the greenhouse gas (GHG) emissions produced by conventional materials.
How we reached the goals
Lignin Industries secured their success in the highly competitive application process with support from Spinverse funding experts. Spinverse helped Lignin Industries in structuring their proposal and in planning the schedule to reach the high quality required in the project proposal on time.
Key takeaways
The large-scale production site will produce the patented, renewable, and high functional bio-based material RENOL® from lignin, a by-product of the kraft pulping industry. RENOL® can be used in bio-composites for producing packaging films, such as wrapping plastics and plastic bags.
The innovative solution developed by Lignin Industries can be used in bio-composites to produce packaging films such as wrapping plastics and plastic bags. The innovative solution will replace fossil-based plastics, such as polyethylene, and help avoid more than 70% of the greenhouse gas (GHG) emissions produced by conventional materials.