How the biobased economy will benefit societies around the world

The biobased economy has the potential to replace oil, strengthen security of food and energy supplies, create 'green' jobs, increase incomes and ensure green growth – all at the same time.

See how and the opportunities for your region.

 
Oil is all around us
 
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Oil is all around us

We use 87 million barrels of oil every day. Just about anything that's not iron, steel or metal of some sort has some petrochemical component.

 
Oil is all around us
 
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What is the biobased economy?

The biobased economy - or green economy - is based on plants and waste, and could be a cornerstone of a bigger renewable economy.

 
Oil is all around us
 
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How a biorefinery works?

Our current economy uses oil refining. A bioeconomy uses biorefineries to refine the components from plants and waste – treating every resource as scarce.

 
Oil is all around us
 
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What jobs will be created

A shift to a biobased economy will mean significant growth and "green" jobs – especially in rural areas.

 
Oil is all around us
 
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How can plants and waste produce the products a growing population will need?

Many of the products produced with oil can also be produced from plants and waste.

 
Oil is all around us
 
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Case study: USA

Fiberight uses municipal solid waste (MSW) to produce biochemicals, bioethanol and processed fibers.

 
 
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We must see plants in a new way

Why plants are really powerplants.

 
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How much plant residue is available?

There’s a huge global underutilized resource of agricultural residues available without compromising sustainability.

  
Oil is all around us
 
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How are Novozymes’ biosolutions paving the way for the biobased economy?

Novozymes’ biological solutions play a key part in many of the processes that are needed to build a biobased economy.