German start-up spins lignin into gold

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German start-up in Hamburg turns lignin into modern gold - a petroleum substitute. 100 million tons are produced yearly, much of it wasted.

The Grimms’ fairy tale of Rumpelstiltskin tells the story of a gnome who knows how to spin straw into gold. A real-life German start-up in Hamburg is doing exactly that: they turn a bio-based waste product into modern gold – a petroleum substitute for many products. Currently over 100 million tons of lignin are produced across the world, a waste product that has vast potential in many industries yet is nowhere to be found in high-value applications. Lignopure is paving the way for tapping into this pot of gold. Cofounder Joana Gil shared details with IO.

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