Fortum and Metsä Group to launch a joint EUR 50 million R&D programme in circular bioeconomy
FORTUM CORPORATION PRESS RELEASE 18 June 2020 Fortum and Metsä Group join forces with Business Finland to create a world-class R&D programme with pulp fibre from renewable and sustainable sources as its node. The 4-year joint R&D programme, called ExpandFibre, aims to develop ground-breaking technologies and smart business concepts that are required to convert straw and wood pulp fibre into novel bioproducts, such as textile fibres. The R&D programme has been granted EUR 20 million from Business Finland. ExpandFibre will be part of a global innovation ecosystem. The ExpandFibre