Arbiom (formerly Biomethodes/Optafuel) attended the French President’s Palais de l’Elysée as the Global Innovation Competition (Concours Mondial d’Innovation) award recipient for its Optimized Biorefinery project. Attendees at this event included French president François Hollande, Secretary of State for the Environment Ségolene Royale and President of the 2030 Innovation Commissions Anne Lauvergeon.
The technology developed by Arbiom converts non-food biomass (such as residues from agriculture and forestry) into sustainable intermediates for the production of bio-based fuels, chemicals and materials. Arbiom’s technology offers high-value opportunities for the abundant agriculture and forest resources and paves the way for the development of a massive sustainable and environmentally conscious bioeconomy.
French President François Hollande took the opportunity to speak on the government led initiatives in favor of innovation, such as the Research Tax Credit (Crédit Impot Recherche) and the new tranche of the Grand Emprunt aimed at financing innovative companies, all of which furthers Arbiom’s ambition to develop a biorefinery project in France.