VTT agreement opens global opportunities
Photo: Michael Bradley
A research collaboration agreement signed recently between Scion and the VTT Technical Research Centre of Finland will give New Zealand better access to global opportunities in the bioeconomy.
“This agreement sets a clear path for us to focus on co-invention and commercialisation of technologies that will contribute to increased use of climate friendly, lightweight, high performance materials made from forest biomass,” says Scion CEO Warren Parker. “We have complementary science and technology capabilities and a good history of joint work. Under this agreement, we will also jointly target EU funding and approach global opportunities in the bioeconomy, particularly in Asia.
“Scion and VTT are collaborating on exciting research at the leading edge of global trends, such as novel carbon materials, nanocellulose applications, biorefineries and pulp, paper and packaging – areas of huge interest to high-value manufacturers.”
VTT has a 73-year history as a centre of technological expertise and developer of new technologies. The first project under the agreement will adapt VTT technology for hardwood trees and apply it to New Zealand radiata pine to develop a new biobased film for the packaging industry.
VTT CEO, Dr Antti Vasara, says, “The bio and circular economy are global hot spot areas with huge technology potential where VTT and Scion can combine their competences and work together to open up new commercialisation opportunities.”