The project aims to bring about a transformation for pharmaceutical, agrochemical and flavors/fragrances production by replacing petroleum-based feedstocks with widespread and currently underutilized biomass-derived lignin. This sustainable switch has a potential to reduce waste and carbon footprint by up to 40% initially, with the ultimate goal of reaching net zero emissions, facilitating production of various high-value chemical products from renewable resources, while making the supply chain more resilient through providing a cost-effective and affordable technological solution, accelerated with modern digital tools in chemistry.
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Venture Kick supports potential entrepreneurs with start capital up to CHF 150'000 as well as hands-on execution support and access to a nationwide network of investors and experts in the startup field. Multiple times per year, 8 selected projects get the opportunity to present their business ideas in front of a panel. The 5 most promising projects enter the support process. After 9 months at the latest, the startups incorporate and enter the market. Since 2007, Venture Kick has invested over CHF 58 million in over 1111 projects.
Website:
www.venturekick.ch/phorest-chemicals
Headquarter:
Lausanne
Technology:
Sectors: