Nurturing of Bio-refinery

KRIBB President Oh Tae-kwang (center) stands with representatives of the biochemical industry at the MOU signing ceremony between businesses and R&D institutions in the biorefinery sector at KRIBB’s headquarters in Daejon, Korea on December 23.
KRIBB President Oh Tae-kwang (center) stands with representatives of the biochemical industry at the MOU signing ceremony between businesses and R&D institutions in the biorefinery sector at KRIBB’s headquarters in Daejon, Korea on December 23.

 

Experts from the biochemical industry and research centers will construct an ecosystem for open R&D cooperation to foster the biomass-based biochemical industry. 

The Korea Research Institute of Bioscience & Biotechnology (KRIBB) announced that it held an MOU signing ceremony for cooperation between businesses and R&D institutions in the bio-refinery sector on December 23 in its headquarters in Daejeon City. In attendance were representatives of six large businesses, seven medium companies, and 25 small and mid-sized enterprises. A bio-refinery is a facility that produces fuel, energy, and chemicals from biomass using biotechnology. 

KRIBB will support research and development of industries aimed at converting the chemical industry based on oil into a biochemical one based on biomass.

The cooperative body is planning to establish a joint lab between Korea and Malaysia, build a network that supports companies involved in making bio-refineries, plan big R&D projects, and construct a system that offers technical support to companies.

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