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sustainability

New Cotton project brings high-performance circular textiles to consumer markets

Solving the critical environmental and societal challenge of recycling ever-growing piles of discarded textiles is the goal of the New Cotton Project. New Cotton will demonstrate the production of high-performing circular textiles and launch them to the consumer markets. The core of the solution is Infinited Fiber Company’s new innovative technology, which is an affordable and environmentally sustainable way to turn textile waste into cotton-like fibres with superior qualities. Spinverse funding experts helped secure EU Horizon 2020 funding for this exciting 8.9 M€ project, where Infinited Fiber Company acts as the project lead.

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BlueInvest Fund boosts SMEs specialised on sustainable solutions in blue economy

The European Maritime and Fisheries Fund supported the sustainable development of the blue economy SMEs across the European Union with an overall budget of 22,5 M€ in its 2019 call for proposals. The BlueInvest Fund addressed the challenge of developing and bringing to market new products, services, and business models for early-stage businesses, SMEs and scale-ups. The next BlueInvest call 2020 with a budget of 20 M€ is planned to be published later this autumn with a deadline in mid-January 2021. Is your company ready to tackle the new opportunities enabled by the European Maritime and Fisheries Fund? Find out how Spinverse can help you get ready for the upcoming funding opportunity!

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Accelerating biomass conversion technologies - Spinverse helped with 13 M€ EU grant

Avantium N.V. with nine partners across Europe were awarded with a € 13 million grant from Horizon2020's SPIRE programme. The project will integrate and scale up Avantium's new biorefinery process Dawn and novel catalytic process for bio-based MEG (mono ethylene glycol) Mekong. Avantium, with 6 M€ share of the grant leads the consortium called IMPRESS. Spinverse assisted Avantium and the consortium in preparing the winning application.

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MetGen's Matti Heikkilä & Spinverse's Laura Koponen on Finnish national tv Huomenta Suomi: wood to replace oil

MetGen's CTO, Matti Heikkilä, and Laura Koponen, Managing Director of Spinverse were on Finnish national tv, Huomenta Suomi, discussing the grand vision: wood to replace oil. In practice wood will be used to produced products, which are currently made from oil, starting with packaging materials. Moreover, the SWEETWOODS project, a consortium of nice European companies,  has received 21M€  of EU-funding with the aim of producing wood-based biomaterials for the first time on an industrial scale. These wood-based materials can be used to replace plastic in various everyday applications.

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Unique bioeconomy project raises 21 million in funding. ”We produce with wood what used to be made with oil”

SWEETWOODS is a 43-million-euro joint pilot project that was recently granted 21 million euros in funding under the EU’s Horizon 2020 programme’s Bio-Based Industries financial instrument. Horizon 2020 is the biggest research and innovation programme in the world, supporting the development and introduction of new technologies. SWEETWOODS represented the only flagship project in the bioeconomy sector. The project is implemented through collaborative efforts of nine partner companies.

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Finland’s CTOs of the Year announced: Vesa Varjonen of Planmeca and Matti Heikkilä of MetGen have contributed to the renewal of Finnish industry

Vesa Varjonen, Vice President of Research and Technology at Planmeca and Matti Heikkilä, CTO of MetGen have been chosen as CTOs of the Year 2018.  The jury consisting of leading Finnish technology influencers emphasized the significant role of the awarded CTOS on renewal of the industry. The CTO of the Year Awards are given by Spinverse together with Technology Industries of Finland and Business Finland to highlight the importance of Chief Technology Officers work on the future competitiveness of Finnish industries. 

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In the news: Spinverse's client to power Viking Line Cruise Ferry with wind

Kauppalehti - a leading Finnish language commerce-oriented newspaper - had just covered major development of one of the Spinverse's clients - Norsepower Oy Ltd. The company announced its agreement to install a rotor sail solution onboard of a Viking Line’s cruise ferry. This deal heralds the world’s first liquefied natural gas/wind electric propulsion hybrid passenger traffic ship.

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In the news: Pekka Koponen and Carl Haglund are building a billion-euro biorefinery in Kemi. Despite the skeptics

Talouselämä - a Finnish language weekly financial and business magazine - has just published a multi-page article (in Finnish) covering recent developments on the Kaidi Finland's biorefinery large scale investment project.

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Kaidi Finland receives nearly 90 M€ of EU funding for Kemi biofuel refinery

The European Commission has decided to grant EUR 88,5 million of NER 300 investment subsidies for the biofuel refinery planned by Kaidi in Ajos, Kemi. NER 300 is one of the world's largest funding programmes for innovative low-carbon energy demonstration projects. The application was prepared by Spinverse.

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Connected by the Baltic Sea: bringing Helsinki and Tallinn closer with EU funding

FinEst Smart Mobility project strengthens links between Helsinki and Tallinn with the funding from Central Baltic Programme 2014-2020. By piloting smart solutions that will reduce the travel time between the two capitals, as well as by contributing to open data and open source enablers, the project aims to drive towards sustainable innovations in the Baltic Sea region.

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Spinverse CEO Pekka Koponen speaks about future of energy at the Arctic Business Forum

Following the universal tendency, the European Union is striving to achieve ambitious energy and climate targets by 2020, including 10% requirement of renewable fuels in the transport sector. In many of those energy conservation measures and in terms of efficiency of energy use, Finland numbers among the leading countries in the world. Finland relies heavily on the energy efficiency as the source of most of the country’s cleantech business value.

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The Alliance for Materials way to the creation of the Materials Common House – MATCH kicked off

The MATCH project funded by the European Union within the Horizon 2020 framework programme was initiated to strengthen and deepen the Alliance4Materials strategy with a further increased stakeholder network. Spinverse is a work package leader on communications and events section and is also participating in a work package related to the identification of success stories and analysis of the best practices.

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