Ingenza Embarks on Collaborative Project to Recycle CO2
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The project will be funded by Zero Waste Scotland’s £18 million Circular Economy Investment Fund, which supports work that will deliver circular economy growth in line with Scottish Government objectives and targets. The Circular Economy Investment Fund is supported by the Scottish Government and the European Regional Development Fund through the £73 million Resource Efficiency Circular Economy Accelerator Programme.
Dr Ian Fotheringham, Managing Director of Ingenza, commented: “This is a really exciting venture for Ingenza, and reflects our commitment to sustainable solutions. The project will allow us to apply our expertise and resources to this important aspect of industrial biomanufacturing, as we seek to develop novel approaches to help reduce waste CO2.”
Iain Gulland, Chief Executive, Zero Waste Scotland, said: “We’re delighted to support this new project from Scottish firm Ingenza and its partners, which is exactly the kind of innovative business initiative that the Circular Economy Investment Fund was set up to support. The bioeconomy is a key sector in the development of a more circular economy in Scotland, with tremendous opportunities for turning existing waste and by-products from industrial processes into new business opportunities.”