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”) comprises pilot devices owned by 10 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.