Lignin Industries transforms lignin, a by-product of the forest and agricultural industries, into Renol®, a thermoplastic biomaterial that can replace fossil-based plastics in various applications. This technology enables manufacturers to reduce fossil fuel dependency and lower CO2 emissions while utilizing existing production machinery for a seamless transition to sustainable materials.
Funding
$9.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The production of conventional plastics relies heavily on fossil fuels, contributing to greenhouse gas emissions and environmental degradation. Manufacturers face increasing pressure to adopt sustainable materials that reduce their carbon footprint and comply with evolving environmental regulations.
Solution
Lignin Industries offers Renol®, a thermoplastic biomaterial derived from lignin, a byproduct of the forest and agricultural industries, as a direct substitute for fossil-based plastics. Renol® enables manufacturers to decrease their dependence on fossil fuels and lower CO2 emissions. The material can be processed using existing production machinery, facilitating a seamless transition to sustainable manufacturing practices. Lignin Industries provides a drop-in masterbatch that blends with recycled or virgin polymers, supporting the creation of fully circular end products compatible with standard recycling streams.
Target Audience
The primary target audience includes manufacturers in the electronics, construction, home appliance, and automotive industries seeking sustainable alternatives to conventional plastics, as well as e-commerce businesses looking for eco-friendly packaging solutions.
Features
- Utilizes lignin, a renewable resource from forest and agricultural residues
- Renol® thermoplastic granules can be blended with biobased oil
- Drop-in masterbatch compatible with various recycled or virgin polymers
- Suitable for manufacturing LDPE films, polypropylene, and ABS applications
- Supports the creation of fully circular and recyclable end products
- Reduces fossil fuel dependency and lowers CO2 emissions