Biobased economy: Replacing an oil-based with a green economy

‘Plants, not petroleum’ is the simple way to explain what the biobased economy is all about: a green economy based on plant- and waste-derived food, feed, fuel, and materials – sourced and refined locally. Novozymes’ biosolutions pave the way.

We use 87 million barrels of oil every day. We use it for transportation, plastics, in shampoo, deodorant, sneakers, textiles, cosmetics, computer chips, detergents... just about everywhere really. But there is a renewable alternative to oil: Plants and waste. By applying biotechnology we can help the world move from an oil-based to a green, biobased economy. A biobased economy is based on food, feed, fuel and materials derived from plants and waste sourced and refined locally instead of oil. It is the cornerstone of a bigger renewable economy. With biotechnology we can separate energy components of plants and waste and use them efficiently for food, feed, energy and materials in everyday products. We call this biorefining.

 
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.

How plants and waste can be turned into the products we need

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

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 find out what are the opportunities for your region.
 

 

 A video about producing biobased plastic

 

 
Green growth in Africa

The biobased economy is not theoretical or in the distant future - it is happening now. A real example is how Novozymes and CleanStar Ventures are jointly establishing an integrated food-energy business in Mozambique. Learn more about Novozymes food-energy project in Africa. 
 

White papers on biofuel - what are the benefits?

Read a selection of biofuel white papers relating to the next-generation ethanol economy, and find out what are the benefits for the world, for Europe and for India. Learn more about the benefits of biofuel.  
 

Advanced biofuels are coming

Production plants for advanced biofuel are being built around the world. See where. Learn more about advanced biofuels.