The forest is a renewable resource. Lignin is a by-product from the pulping industry. Globally 80 million tonnes is processed in the pulping industry, making it the largest natural by-product on earth. Today, 99% of the produced lignin is burnt for its energy value. We, at Lignin Industries, convert lignin so it can be blended with virgin and recycled thermoplastics creating new types of bioplastics. For every 1 kg of fossil based plastics replaced by RENOL® we decrease CO₂ up to 6 kgs released into the atmosphere. We can provide the plastic industry with large amounts of granulates for several market segments ranging from packaging, agricultural films and injection moulding pieces. Lignin Industries is one of the few selected companies among 232 proposals to be supported by the European Union Innovation Fund that will co-fund Lignin Industries by financing the expansion of the first-of-its-kind large-scale production site, located in Sweden. The funding was given under the call “Innovation Fund” with the aim to support projects demonstrating highly innovative technologies and products that have a significant potential to reduce greenhouse emissions.