noscript

News and Announcements

Circa Group has announced it is leading the consortium for the new EU project ReSolute

  • Published December 18, 2019 12:00AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

YORK, UK – 18th December 2019 – Biotechnology company Circa Group has announced it is leading the consortium for new EU project ReSolute – a flagship Horizon 2020 project set to develop the first commercial plant to produce Cyrene™ a new sustainably sourced, safer alternative to traditional, fossil-based solvents.

Building on previous Horizon 2020 project ReSolve, the project will build a flagship plant to create levoglucosenone (LGO), a chemical building block which can be used to produce biobased solvent CyreneTM in one step. The plant is expected to reach a production capacity of 1,000 tonnes of CyreneTM per year, using feedstock from non-food renewable biomass.

ReSolute brings together 12 partners from 6 countries and it will provide new manufacturing and employment opportunities in product manufacture and downstream conversion in Europe.

Yvon Le Hénaff, Chairman of ReSolute consortium member IAR, said, “IAR, the French Bioeconomy Cluster, is delighted with the establishment of this industrial unit in France. We are happy to work hand-in-hand with Circa, a member of the IAR Cluster, on a successful ReSolute project, where we are partners and which is now fully on track, thanks to the announced funding
from the EU. IAR is confident that ReSolute will have positive results and help create a European bio-based solvent manufacturing base.”

Tony Duncan, CEO and co-founder of Circa Group, said, “Following the success of the ReSolve project, which was led by the University of York, we are delighted to now lead the ReSolute consortium with some great partners including Merck KGaA and Norske Skog. Traditional solvents such as NMP, DMF, DMAc and DCM are all under intense regulatory pressure, yet still being used in large volumes. Circa has developed five successful pilots – most recently a joint venture with Norske Skog – and we now going into industrial scale in the EU, with a project that supports the EU’s ambitious circular economy strategy.”

ReSolute Partners:

  • Circa Sustainable Chemicals (UK, BE)
  • Merck KgaA, (DE)
  •  Norske Skog Golbey (FR)
  •  IAR, (FR)
  • Will & Co (NL)
  • University of York (UK)
  • Talga Resources (DE)
  • Huntsman Specialty Chemicals (CH)
  • CPL (UK)
  • AgroParisTech (FR)
  • PNO Consultants (FR)
  • PFA (BE

 

About Circa Group Ltd

Established in 2006, Circa Group converts waste biomass into advanced bio-based chemicals with its proprietary FuracellTM process at its prototype plant in Tasmania – a joint venture with Norske Skog. Its developing product portfolio includes biosolvents, flavours and biopolymers, including CyreneTM, an alternative to traditional polar aprotic solvents. By creating renewable chemicals from cellulose, Circa is extracting value from non-food, waste biomass and addressing a gap in the market by providing bio-based, safer alternatives.

 

Register Interest

Capital Insights
The Index Approach in Early-Stage Venture Capital: Reconsidered

The venture capital (VC) landscape is marked by its dynamism and complexity, especially in early-stage investing. The traditional approach in VC, characterised by a selective and intensive vetting process, often contrasts with the concept of ‘index investing.’ This article revisits the indexing approach in early-stage VC, incorporating insights from recent studies and data, including a […]

Capital Insights
The Future Is Now: The Evolution of Dealflow with Wholesale Investor

If you’ve ever thought of investing or expanding your portfolio, there’s no better time than the present. In the fast-paced world of investment, things are changing at a breathtaking speed, and it’s crucial to stay ahead of the game. The Future of Deal Flow is Today Dealflow, the lifeblood of the investment world, is not […]

Join over 45,000+ sophisticated investors

Join Now