OrganoClick granted EU support within the PENGUIN project
Together with several European partners, OrganoClick has been granted EU support to develop biobased and biodegradable technical textiles and nonwovens for the outdoor industry. Within the project, OrganoClick will further develop its biobased binders for nonwovens as well as OrganoTex's water-repellent textile technologies. In total, OrganoClick receives an EU grant of SEK 7 million distributed over 4 years.
Partners from a number of companies and research institutes from different parts of the textile value chain participate in the PENGUIN project. The Finnish research institute VTT is the project manager and the project consortium consists of companies and institutes from Sweden, Finland, Italy, Portugal and Spain.
OrganoClick's funding of SEK 7 million will be used to further develop its biobased binders for nonwovens which replaces fossil plastic binders, and OrganoTex's water-repellent textile technologies which replaces PFAS in textile impregnations. 2 new R&D employees will be hired and the financing also enables investment in two advanced chemical analysis instruments; a scanning electron microscope (SEM) and an FTIR. With an SEM, magnification up to 20,000 times can be done and studies at the fiber level can be carried out. With an FTIR, chemical bonds can be analyzed, which is used in the characterization of treated materials.
"We are very happy to have been granted the project grant for the PENGUIN project within the framework of the EU's Horizon Europe programme. With our new analytical instruments, our R&D lab reaches a new technical height and with the personnel reinforcements to our R&D group, we will be able to accelerate the development of our biobased binders and our OrganoTex products" says Maria Wennman, Research and Development Director OrganoClick
About the PENGUIN-project
The PENGUIN-project is financed by the European Union under the programme Horizon Europe. In the project participates TEKNOLOGIAN TUTKIMUSKESKUS VTT OY, FEDERAZIONE TESSILE E MODA ASSOCIAZIONE, IDENER RESEARCH & DEVELOPMENT AGRUPACION DE INTERES ECONOMICO, CENTRO TECNOLOGICO DAS INDUSTRIAS TEXTIL E DO VESTUARIO DE PORTUGAL, ORGANOCLICK AB, RINA CONSULTING SPA, A. MOLINA & C. S.P.A., MANIFATTURA MARIO COLOMBO & C. SPA, SPINNOVA OYJ och PANGAIA GRADO ZERO SRL
Contact:
Dr. Maria Wennman, R&D Director OrganoClick, maria.wennman@organoclick.com, +46 (0)76 883 86 75
Mårten Hellberg, CEO OrganoClick, marten.hellberg@organoclick.com, +46 (0)7 07 16 48 90
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About OrganoClick
OrganoClick AB (publ) is a public Swedish cleantech company listed on Nasdaq First North Growth Market. The company develops, produces and markets functional materials based on environmentally friendly fiber chemistry. Examples of products that are marketed by OrganoClick are the durable water repellent technology for textiles OrganoTex®, the biocomposite material OrganoComp®, surface treatment and maintenance products for villa and property owners under the brand BIOkleen®, biobased binder under the trade name OC-BioBinder™ and the flame and rot-resistant timber OrganoWood® (through the joint-venture OrganoWood AB). OrganoClick was founded in 2006 as a commercial spin-off company based on research performed at Stockholm University and the Swedish University of Agricultural Sciences within environmentally friendly fiber chemistry. OrganoClick has won a number of prizes, such as "Sweden's Most Promising Start -up" and "Sweden's Best Environmental Innovation", and has also received a number of awards, such as the WWF "Climate Solver" award, listed as a SUSTAINIA100 company and has also appeared for two years on the Affärsvärldens and NyTekniks list of Sweden's top 33 hottest technology companies. OrganoClick has its head office, production and R&D located in Täby, north of Stockholm. OrganoClick's Certified Adviser on Nasdaq First North Growth Market is Mangold Fondkommission AB, tel: +46 (0)8 503 01 551, email: ca@mangold.se.
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