Building the Bioeconomy, an event in York organised for the signing of the Anglo-French collaboration between Biovale (UK) and IAR (France), invited Circa to be a guest speaker to present on growth opportunities from harnessing research in the sector.
Circa, represented by CEO Tony Duncan, shared insights into the commercial opportunities provided by waste non-food cellulose in the growth of bio-based chemicals. Circa’s proprietary technology for the manufacture of their green platform chemical, Levoglucosenone, is enabling researchers around the world to identify new, more sustainable chemicals for industry.
Circa’s product development partnerships with University of York Green Chemistry Centre of Excellence has delivered a novel new solvent being trialled with major pharmaceuticals in Europe and the US; and with AgroParisTech, a new patented process for production of a specialty polymer building block.
This developing portfolio of non-food, non-petrochemical, based products is placing Circa at the forefront of the “bio” industry. The EU’s Bioeconomy is estimated to have €2 trillion turnover and account for over 22 million jobs. It is creating major new markets and providing a source of sustainable, low-carbon economic growth.
BioVale is a new UK initiative developed in collaboration with industry by the Biorenewables Development Centre, the University of York and the Food and Environment Research Agency. They are working with: the City of York Council; the York, North Yorkshire and East Riding Local Enterprise Partnership (LEP); the Leeds City Region Enterprise – Partnership; the Humber LEP; Science City York; and Askham Bryan College.
IAR is the ‘Industries & Agro-Resources’ (IAR) cluster in the Champagne-Ardenne and Picardy regions of France. It unites stakeholders from research, education, industry and agriculture in France around a shared goal: to optimize added value from biomass.