Sweden and Finland sign LOI for biofuels, biomaterials


In Sweden, Minister of Agriculture, Sven-Erik Bucht and Finnish Minister for Agriculture and Forestry, Jari Leppä, signed a Letter of Intent between Swedish RISE and its Finnish counterpart VTT, for cooperation, expansion and strengthening in bio-refining, including biomaterials and thermochemistry, circular bioeconomy and digital solutions. An important purpose of the government’s collaborative program, Circular and Biobased Economy, is to find solutions for replacing fossil-based products with biobased ones. Advanced biofuels, biodegradable materials, digitization for the traceability of bioproducts, and other areas were on their priority list.

“We and Finland have already collaborated together for a developed bioeconomy, including wood construction, aquaculture, competence supply and consultation on EU processes. Today, we are taking another step forward by deepening cooperation in this area,” said Sven-Erik Bucht, Minister for Rural Affairs.