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Lignin Industries
Lignin Industries convert lignin so it can be blended with virgin and recycled thermoplastics creating new types of bioplastics
About Lignin Industries
Lignin Industries is a Swedish innovation company that specializes in converting lignin, a byproduct of the pulping industry, into bioplastics. The company blends lignin with virgin and recycled thermoplastics to create new types of bioplastics, significantly reducing the reliance on fossil-based plastics. This process not only helps in creating sustainable materials but also decreases carbon emissions by up to 6 kg for every 1 kg of fossil-based plastic replaced. Lignin Industries operates primarily in the bioplastics market, serving clients in various industries that are looking to adopt more sustainable materials. The business model revolves around refining lignin and selling it as a bio additive for bioplastics and thermoplastics such as PLA, ABS, PE, and PP. Revenue is generated through the sale of these bioplastic products and additives. The company leverages Sweden's long-standing tradition in the forest, pulp, and paper industry to source its primary material, making it a key player in the renewable resources sector.
Source: Dealroom company dataAt a glance
- Founded
- 2018
- Headquarters
- Knivsta, Sweden
- Sector
- Energy
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
EU Innovation Fund
Source: Dealroom Talent Intelligence.
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