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PaperShell, the Swedish material company behind a new fossil-free composite material designed to replace aluminium, plastics and glass fibre at industrial scale, has signed a Grant Agreement with the European Commission under the EU Innovation Fund.
PaperShell signs a €40.3 million grant agreement with the EU Innovation Fund
PaperShell announces the launch of Wood Metal® Sinus, a trademarked biobased composite material developed as a high-performance alternative to corrugated metal in architecture and construction. Wood Metal® Sinus is made from 100% fossil-carbon-free content, and its record low carbon fooprint delivers an order-of-magnitude improvement on CO2e redcution over traditional facade materials.
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PaperShell has been one of the 61 selected of 359 applicants in the Medium-Scale category within the Net Zero Technologies by CINEA to the finalizing Grant Agreement Preparation phase under the EU Innovation Fund 2024, one of the world’s largest climate-innovation programmes. The €83,2 million planned expansion will scale PaperShell’s Tibro-based factory, increasing production of fossil-free and l
