BioCarbonValue - High-value carbons from agricultural biomass
Alternative carbon materials to replace fossil-based carbon in high-value applications such as energy storage systems, biocomposites, and purification processes will be developed in a joint research project of LAB University of Applied Sciences and VTT (coordinator). Biocarbon (or biochar) production is a newly emerging industry that benefits climate and the environment while offering multi-billion-euro business opportunities.
High-value carbons such as graphite, carbon black and activated carbon are crucial for various products and processes across multiple industries. However, these carbons have long supply chains and are mainly produced from fossil-based feedstocks such as coal and oil. In addition, the EU and the US have classified certain carbon products such as graphite, as a strategic and critical mineral.
The BioCarbon Value project is funded by the Business Finland Co-Innovation partnership funding and it is part of the ExpandFibre Ecosystem led by Fortum and Metsä Group. Co-founders of the project include Fortum, Sumitomo SHI FW, Neova, Premix, PUHI, Carbofex, Carbo Culture, Fifth Innovation, and the City of Heinola. The total budget for the project is 1.2M€, and the project is implemented in 2023–2024.
OBJECTIVES
The project aims at supporting the development business ecosystem around agricultural side streams. This will be implemented by evaluation of the entire value chain of biocarbon production. Main points of the value chain consideration are:
- Considering sustainability aspects of the value chain, including sourcing, cultivation and harvesting
- Utilizing agro-based materials for high-value biocarbons
- Modeling, mass balance calculation, simulations, and techno-economic assessment (TEA)
- Application tests for end-use: energy storage, biocomposites and water purification
- Biocarbon market foresight
OUTCOMES
Agriculture produces a significant amount of side streams that are currently underutilized. Moreover, the volumes are estimated to increase rapidly as field biomass will be increasingly utilized resource in the future. Field and short rotation biomasses as well as agro waste e.g. from food industry provide significant (existing) volume based business opportunity, but there are challenges e.g. in the profitability, sustainability and the resilience of the value chain. Therefore, a systemic way of thinking (value hierarchy, industrial symbioses, profitability through ecosystemic thinking) is needed.
The global demand for high value carbon products such as battery carbons, activated carbon and other carbon-based materials is significantly increasing and is further driven by sustainability demands and Green transition goals. High value carbons have already well-established multibillion market, but the main material for the industry currently being principally fossil-based. It has been determined, that biocomposites have one of the highest potential in replacing oil-based plastics. This creates high demand for biobased composites – 30% annual growth only in Europe.
The project addresses the whole value chain - from feedstock sourcing to the end users of high-value carbons. By working closely with the industry stakeholders, the project aims to accelerate the market entry of alternative carbons by addressing both scientific and practical challenges.
High-value carbons such as graphite, carbon black and activated carbon are crucial for various products and processes across multiple industries. However, these carbons have long supply chains and are mainly produced from fossil-based feedstocks such as coal and oil. In addition, the EU and the US have classified certain carbon products such as graphite, as a strategic and critical mineral.
The BioCarbon Value project is funded by the Business Finland Co-Innovation partnership funding and it is part of the ExpandFibre Ecosystem led by Fortum and Metsä Group. Co-founders of the project include Fortum, Sumitomo SHI FW, Neova, Premix, PUHI, Carbofex, Carbo Culture, Fifth Innovation, and the City of Heinola. The total budget for the project is 1.2M€, and the project is implemented in 2023–2024.
OBJECTIVES
The project aims at supporting the development business ecosystem around agricultural side streams. This will be implemented by evaluation of the entire value chain of biocarbon production. Main points of the value chain consideration are:
- Considering sustainability aspects of the value chain, including sourcing, cultivation and harvesting
- Utilizing agro-based materials for high-value biocarbons
- Modeling, mass balance calculation, simulations, and techno-economic assessment (TEA)
- Application tests for end-use: energy storage, biocomposites and water purification
- Biocarbon market foresight
OUTCOMES
Agriculture produces a significant amount of side streams that are currently underutilized. Moreover, the volumes are estimated to increase rapidly as field biomass will be increasingly utilized resource in the future. Field and short rotation biomasses as well as agro waste e.g. from food industry provide significant (existing) volume based business opportunity, but there are challenges e.g. in the profitability, sustainability and the resilience of the value chain. Therefore, a systemic way of thinking (value hierarchy, industrial symbioses, profitability through ecosystemic thinking) is needed.
The global demand for high value carbon products such as battery carbons, activated carbon and other carbon-based materials is significantly increasing and is further driven by sustainability demands and Green transition goals. High value carbons have already well-established multibillion market, but the main material for the industry currently being principally fossil-based. It has been determined, that biocomposites have one of the highest potential in replacing oil-based plastics. This creates high demand for biobased composites – 30% annual growth only in Europe.
The project addresses the whole value chain - from feedstock sourcing to the end users of high-value carbons. By working closely with the industry stakeholders, the project aims to accelerate the market entry of alternative carbons by addressing both scientific and practical challenges.
Project period
-
Project state
Finished
Project area
National
Project funding
BF Kumppanuusrahoitus
LAB role
Partner
Unit
Technology
Project focus area
Multipurpose materials
