News

Aalto University and VTT launch a major innovation ecosystem aimed at doubling the value of forest industry

Aalto University and VTT Technical Research Centre of Finland signed a collaboration agreement on the CERES flagship programme.
Aalto University President Ilkka Niemelä (left) is hoping CERES to bring solutions especially to microplastic problems. VTT President and CEO Antti Vasara is excited about biodegradable electronics.

The aim is to develop materials from renewable resources in order to safeguard a sustainable future. The Academy of Finland has granted a EUR 9.5 million flagship funding for the first four years of the project. An extension funding for the next four-year period will be based on an interim evaluation. The total funding of the project is EUR 24 million.

The CERES innovation ecosystem will create a unique foundation for new bioeconomy innovations in Finland. Plant-based biomaterial is the future plastics and, according to researchers, much beyond. The purpose of this ecosystem is to develop new materials, in particular based on lignocellulose and forest biomass, for industrial-scale production of packaging, textiles and separation systems, as well as semiconductors, composites and solutions for energy storage.

According to VTT's scenario calculations, if used to manufacture high added-value products, Finnish forest and field biomass could double in value by 2050. It is possible to do all this and, at the same time, reach the climate targets set for the country. This scenario work is the first analysis of Finland's potential in the bioeconomy and its transition to a low-carbon economy, which takes account of all industrial and emission sectors.

The objective of Finland's national bioeconomy strategy is to create 100,000 new jobs in the country and increase the bioeconomy output by EUR 40 billion by 2025. The research and development work to be performed under CERES will support the delivery of this objective and help companies to make new openings in the international market.

On 23 August 2018, VTT President and CEO Antti Vasara and Aalto University President Ilkka Niemelä signed a collaboration agreement to establish the CERES ecosystem. In this agreement, both parties emphasise their willingness to create a joint ecosystem in the field of biomaterial research, as well as create ground rules for successful cooperation. The agreement also aims to support the commercial exploitation of project results.

CERES will function as a virtual knowledge centre. It will develop new methods for biomass processing as well as material solutions based on these, and provide the industry long-term, globally cutting-edge R&D work.

Further information:

Aalto University
Professor Orlando Rojas
tel. +358 50 512 4227, [email protected]

VTT Technical Research Centre of Finland Ltd
Research Professor Kristiina Kruus
tel. +358 50 520 2471, [email protected]

  • Published:
  • Updated:
Share
URL copied!

Related news

Krister Ahlström istumassa puutarhassa.
Cooperation Published:

Greetings from Ikiteekkari: 'This is a huge test'

Krister Ahlström, honorary doctor and business influencer, urges the Aalto community members to preserve their social networks.
Mentorointi on ennen kaikkea yhteistyösuhde.
Cooperation, Studies, University Published:

Future skills briefcase

Eeva Korhonen shares insights on portable future work-life skills.
Mikael Lauharanta is a School of Business, Mikkeli Campus alumnus and co-founder and COO of Smarp
Cooperation, Studies Published:

School of Business alumni story: Mikael Lauharanta

School of Business, Mikkeli Campus alumnus Mikael Lauharanta appreciates the nature of studies in the BScBA Program: "It’s a fast paced program that prepares you well for the working life and all the challenges it might throw at you."
Julia Österlund, School of Business alumna in School of Business alumni story
Cooperation, Studies Published:

School of Business alumni story: Julia Österlund

School of Business alumna Julia Österlund studied two different majors at school and thinks that the diverse studies benefit her in her current job: ‘It is also great that I can combine everything I have studied at school - marketing, communications, information technology and calculus.’