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BIC publishes new bio-based reports focused on Central and Eastern Europe

The Bio-based Industries Consortium (BIC), an industry association focusing on the European bioeconomy, has published the first three in a series of new reports mapping bio-based potential and opportunities for green growth in Central and Eastern Europe.

According to BIC, the new reports for Estonia, Latvia and Lithuania illustrate the untapped potential in these three countries identifying new opportunities for the primary sectors, the food and beverage sector, the blue bioeconomy, bio-based chemicals, etc. through opportunities to valorise side streams and waste that today have low or no value.

“BIC is committed to furthering the deployment of the bio-based economy in the EU-13. These reports indicate the bio-based sector’s vast and untapped potential to stimulate green growth and integrate new actors into bio-based value chains” said Dirk Carrez, BIC Executive Director.

The European bioeconomy already represents 11% of EU GDP (EU JRC report 2020) and these reports demonstrate the importance of building on Europe’s green growth potential in the next EU public-private partnership – Circular Bio-based Europe. For its part, BIC will build on the report’s findings through engagement with national authorities and local stakeholders.

These three reports are the first in a series of country reports that will cover Central and Eastern Europe. New reports for Bulgaria, the Czech Republic, Croatia, Hungary, Slovakia and Slovenia, produced as part of the BBI JU-funded CELEBio project, and two updated BIC reports for Poland and Romania, will be available later this year.


If you were interested in this bioeconomy story, you may also be interested in the ones below.

Read: EXCLUSIVE: European bio-based sector sets out 2050 vision for a circular bio-society.

Read: Canada and Italy promote national bioeconomy strategies.

Read: Bio-based industry gives lukewarm response to UK’s first bio-economy strategy.

Read: Bioeconomy will help to bring jobs to EU’s rural areas and keep the bloc ‘politically balanced’, Dutch MEP says.

Read: European Commission launches ‘Circular Plastics Alliance’ to help create ‘well-functioning market’ for recycled plastics.

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