OrganoClick receives SEK 3.7 million in funding from strategic innovation program Bioinnovation for development of biobased binders for nonwoven.
OrganoClick has been granted funding of SEK 3.7 million for development of its biobased binders for nonwoven used in hygiene and medical applications. The project will be executed in a Swedish-Finnish consortium including 3 players spanning the whole value chain from binder production (OrganoClick), a nonwoven producer and a product owner which manufactures hygiene and medical products for the healthcare sector. The project will be co-financed by the Swedish strategic innovation program BioInnovation – a joint program by Vinnova, Formas and the Swedish Energy Agency together with Business Finland for the Finnish partners.
Replace the plastic binders that are currently in use in the nonwoven material
The purpose with the project is to replace the plastic binders that are currently in use in the nonwoven material, with OrganoClick’s biobased and biodegradable binders. During the project, the binders will be adapted and optimized for different hygiene and medical applications. Therafter, full scale production trials of nonwoven will be performed, followed by production of hygiene and medical applications. The goal is to have products ready for market launch in the end of the project.
”This Bioinnovation-financed project gives us the opportunity to accelerate the development of our biobased and biodegradable binders for nonwoven used in advanced hygiene and medical applications. Our partners in the consortium give us a fantastic opportunity to get deep knowledge about the whole value chain, and at the same time secure a fast market entry after the project,” says Mårten Hellberg, CEO OrganoClick.
The project will be executed during 2.5 years with start in December 2019. The total project budget for all partners is SEK 18 million. Bioinnovation and Business Finland joíntly finances 50 % of the amount (~SEK 9 million) of which OrganoClick has been granted SEK 3.7 million.