The final Bio-Business workshop organized by SusChem’s FP7 BIO-TIC project will take place in Brussels on 1 December, 2014. The workshop is entitled "Bio-based Plastics – How do we grow the EU Industry?” Today, bio-based plastics have an established market, demonstrating rapid growth both in Europe and globally. But what is the future for this market?
“While Europe is currently the largest producer and user of bio-based plastics, this situation is expected to change in the future with production increasingly being based in countries where feedstocks are cheaper and where production costs are lower,” says Pierre Barthélemy, Innovation Manager at Cefic. “Even with increasing fossil fuel prices expected to make bio-based plastics more competitive compared to fossil-derived plastics, ensuring the cost-competitiveness of EU bio-based plastics production compared to other regions globally is expected to become an increasingly difficult challenge.”
The workshop on 1 December will give participants the opportunity to discuss the main hurdles that impact the use of industrial biotechnology in the bioplastics market segment and propose concrete actions to overcome these hurdles.
The BIO-TIC workshop is organized in connection with the 9th European Bioplastics Conference that is being hosted in Brussels on 2 and 3 December.
Registration for the BIO-TIC workshop is free of charge and can be accessed via a dedicated website.
With this series of five workshops, the BIO-TIC project has brought together industrial biotechnology end users (downstream) with technology providers (upstream), innovation agencies and decision makers to stimulate discussion and knowledge exchange.
The objectives of the workshops are to:
- identify technological, non-technological and market hurdles for the uptake of industrial biotechnology in these sectors,
- develop recommendations and solutions to overcome the identified hurdles,
- contribute to the development, testing and fine-tuning of the BIO-TIC roadmaps,
- bring together industrial biotechnology end users (downstream) with technology providers (upstream), innovation agencies and decision makers to stimulate interconnected discussion and knowledge exchange platforms and processes,
- collect data to develop draft indicators to measure the socio-economic and environmental impact of Industrial Biotechnology and the use of renewables-based products in the European Union.