This year took place the third The World Circular Economy Forum (WCEF), beginning Monday 3rd June in Helsinki, Finland. The Forum is organised by SITRA, the Finnish Innovation Fund.
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Lack of investment certainty
NAFIGATE’s Hydal Biotechnology uses waste cooking oil to produce a fully biodegradable and biocompatible PHA biopolymer named Hydal (Polyhydroxyalcanoates). This is the first biopolymer of its kind being produced on an industrial scale at an affordable price.
Lyon Métropole, which includes 59 municipalities and 1.3 million inhabitants, wants to build a sustainable future for its citizens. The Métropole relies on green investments to face environmental challenges. Lyon is also committed to building circular solutions for the region and has been recognised as a ‘zero waste territory’ (territoire zéro déchet, zéro gaspillage) since 2015. In April 2017, Lyon Métropole voted on strategic actions in favour of the circular economy.
Terra Humana's 3R zero emission pyrolysis and nutrient recovery technology transform animal by-products into safe and high value Bio-Phosphate fertiliser.
Increasing the demand for repair services and Networking for repairing companies
Attero introduces a new high quality product that is used as ingredient for substrates and potting soils: biobased substrate compost. The process for achieving this quality is unique in the world of compost production.
Skaff Dairy Farm is a small-sized enterprise, which produces around 840 t of dairy products annually for the local market. Skaff Dairy Farm joined the MED TEST II project in order to improve quality and reduce defects, to drive out waste and continuously improve cost efficiency. The main problems the company faced was energy and finished products losses. The company was already ISO 22000:2005 certified at the project start.
Destaclean® Puukivi (Wood stone) is a progressive recycled material, of which the prepared products are ecological, lightweight, durable and easy to machine. The resulting wood stone is a composite of pure recycled wood fibre, rock minerals, cement and water.
Social Innovation Repair - Giving a second life to electrical and electronic appliances, the R.U.S.Z case
Following the business model of a sustainable repair shop, R.U.S.Z is a social business which started back in 1998, as a work integration social enterprise for long-term unemployed persons.
Following the successful completion of the European Remanufacturing Network project funded through Horizon 2020, the Conseil Européen de Remanufacture was launched in January 2017. It has members such as IBM, Lexmark, SKF, Panalpina, syncreon, Autocraft and others who pay annual membership subscriptions to develop, promote and exchange good practise between the many sectors in which remanufacturing occurs.
Covestro has developed an innovative technology that allows using CO2 as raw material for the production of chemical building blocks for high-quality plastics.
Circular business model: recognising the value of reconditioned assets makes for a better financing solution
JLG, a company that takes machines back to a dedicated reconditioning facility after their first use cycle and repairs and restores them to original specification, builded a business model that integrates the recovery of assets.
This allowed their financial partner to develop a complete finance offering for JLG’s new and reconditioned assets, including rental solutions.
This example makes the case for a better understanding of the flow of products and how integrating it in business plans and financial solutions, makes a whole cycle including refurbishment, remanufacturing and reuse economically appealing.