Biofuels and Bioeconomy

Bio-based industries for Bioeconomy

Bio-based industries are industries, which either use renewable resources and/or apply biobased processes in their production processes. Europe has a number of well-established industries, starch and biotechnology to the chemical, eco- and energy industries. Significant increase in economic activity is expected to arise from the innovation potential of industrial biotechnology and biorefineries, which provide the opportunity to develop new biobased industries, transform existing ones, and open new markets for bio-based products.