Biobased Economy

The reality of a society that is far less dependent on fossil resources for our energy and material needs is closer than ever and that vision and opportunity has a name: the biobased economy. Presently, the world is in a transition from a fossil-based economy to a bio-based economy. Biobased industry uses renewable resources such as biomass, starch, cellulose, vegetable oils, and agricultural waste to produce bioproducts, biomaterials, and bio-energy. These can be applied in a variety of sectors such as the chemical industry, food and feed, personal care, paper and pulp, textiles and the energy sector. A key technology for the development of a biobased economy is industrial biotechnology, also known as white biotechnology. Industrial biotechnology uses enzymes and microorganisms to make biobased products from renewable resources. Industrial biotechnology saves energy in production processes and leads to significant reductions in greenhouse gas emissions, helping to fight global warming. It leads to improved performance and sustainability for industry and higher value products. Also green chemistry can be for the sustainable production of chemicals, materials, and fuels from biomass. The combination of industrial biotechnology and green chemistry often creates opportunities to significantly reduce our dependence on coal, oil, and gas. The mission of Bio Base Europe is to stimulate the economic growth, the innovation capacity and the sustainable development of our society.