The packaging, automotive, and other consumer goods industries have received EUR 14.5 million funding from the European Union’s Horizon 2020 programme for a project aiming to replace petroleum-based goods with bio-based products.
The INN-PRESSME project will function as an ecosystem, involving the development of recyclable and/or biodegradable packaging, energy, and vehicle solutions and other consumer goods.
Coordinated by VTT Technical Research Centre of Finland, the project involves 26 other European organisations from nine European countries.
The core of the new INN-PRESSME ecosystem (Full name, “Open innovation ecosystem for sustainable plant-based nano-enabled biomaterials deployment for packaging, energy/transport, and consumer goods”) is comprised of pilot devices owned by ten European partners. VTT´s own pilot facilities at VTT Bioruukki Pilot Centre can be used to produce bionanomaterials, process biomaterials by chemical means and apply them. The services of the ecosystem make it possible to develop new products with a high value added that are recyclable and biodegradable, or solutions that replace oil-based products.
”The project supports the development of new bio-based solutions and scaling them toward industrial production by taking into use a model of cooperation to speed up bioeconomy and circular economy solutions, and to support the emergence of the new products on the market”,
A goal of the project, which operates on the principle of open innovation, is to expand into a Europe-wide ecosystem offering research and pilot services for enterprises of different sizes. The ecosystem offers companies the possibility to reduce risks linked with developing new products and to accelerate market access.
INN-PRESSME (‘‘Open innovation ecosystem for sustainable plant-based nano-enabled biomaterials deployment for packaging, transport and consumer goods”) has received funding under the European Union’s Horizon 2020 research and innovation programme (Grant Agreement N° 952972).
The project, providing product solutions that are based on biomaterials, was launched on 1 January 2021 and runs until 31 January 2025.