Scotland showcases progress in industrial biotechnology to European industry leaders
Glasgow will today become the host city for the ninth European Forum for Industrial Biotechnology and the Bioeconomy (EFIB), which is taking place 18-20 October.
Over 500 industry delegates committed to a shift towards renewable, biologically-based manufacturing will be in attendance at the largest event of its kind.
The forum will bring a wealth of potential European business to Scotland and an ongoing opportunity to increase visibility of Scottish business opportunities, European partnerships and economic benefits.
The industry is gaining momentum. There are over 50 companies currently working in Scotland’s IB sector. The sector has a turnover of £230m, with a target to increase this to £900 million by 2025. There have been significant milestones in recent years, including the Industrial Biotechnology Innovation Centre opening in Glasgow in 2014 and CelluComp opening the first Scottish biorefinery in 2015.
EFIB is organised by EuropaBio, Europe’s largest and most influential biotechnology industry group and will be supported in Glasgow by the Industrial Biotechnology Innovation Centre (IBioIC), Scottish Enterprise, SECC and Glasgow City Marketing Bureau and partners such as The Knowledge Transfer Network and Innovate UK.
Linda Hanna, Managing Director of Strategy & Sectors, said:
“Hosting EFIB 2016 is a fantastic opportunity and cements Scotland’s place on the world stage as a leader in industrial biotechnology. The level of Industrial Biotechnology development and investment is particularly high in Scotland thanks to a strong heritage in engineering and a wealth of natural resources that are ideal for IB activities. World-class academia combined with a highly skilled workforce and strong industry partnerships, enabled by IBioIC’s ongoing work, means that there is huge potential for the further development and the use of IB in Scotland.”
Roger Kilburn, CEO of IBioIC said: “Scotland’s IB sector although currently small, has great ambition and is already working hard in achieving the outcomes set out in Scotland’s National Plan for Industrial Biotechnology. By applying Team Scotland’s collaborative approach, we are delighted to be hosting EFIB 2016 and see it as a fantastic opportunity to really showcase that ambition.”
About industrial biotechnology
Industrial biotechnology (IB) is the use of biological sources to produce or process materials, chemicals or energy. For example, plants can be processed to produce biofuels or plastics as an alternative to crude oil, algae strains could be used in cosmetics or chemicals extracted from marine life to replace synthetics.
IBioIC’s role is as a specialist in the Industrial Biotechnology (IB) sector, designed to stimulate the growth and success of the IB industry in Scotland by connecting the dots between industry, academia and government. It represents all four colours of IB, facilitating collaborations and guiding organisations from concept to industry adoption.
For more information visit: http://www.ibioic.com
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