Bio-Based Carbon Dioxide project - project participants' discussion

Bio-Based Carbon Dioxide in Focus

23/9/2024

CarbonReUse Finland is participating in a project coordinated by the Natural Resources Institute Finland (Luke), aimed at creating new value chains for utilizing bio-based carbon dioxide (BioCO₂). The project focuses on two regions: the Helsinki metropolitan area and the Lahti-Lappeenranta region. The goal is to develop local industrial ecosystems that connect BioCO₂ sources with users through efficient capture, purification, logistics, and storage solutions.

Diverse Applications and New Opportunities

The project explores how BioCO₂ applications with varying purity requirements can be implemented sustainably and cost-effectively. This enables the use of captured gases across a wide range of industries. The project also examines business potential, environmental impacts, and opportunities to create internationally scalable models.

A Comprehensive Collaboration Network

The project brings together leading research institutions, including VTT, LAB University of Applied Sciences, and LUT University, along with several companies from various stages of the value chain. Furthermore, the cities of Espoo, Vantaa, Lahti, and Lappeenranta are participating, aiming to update their carbon neutrality strategies to incorporate the benefits of BioCO₂ capture and utilization.

Sustainable Business and Innovation

Companies, including CarbonReUse Finland, are developing technologies and business models that support BioCO₂ utilization, creating regional opportunities for growth, including for start-ups. The project also provides policy recommendations to promote BioCO₂ utilization and foster business growth in this area.

Read the full article here: Hiiliketju – Creating Value Chains for Bio-Based Carbon Dioxide