Celtic Renewables Joins Innovate UK's Japan Innovation Mission

Innovation Mission to Japan

Celtic Renewables is participating in an Innovation Mission to Japan as part of a UK delegation organized by Innovate UK's Global Business Innovation Programme (GBIP). The mission aims to help UK businesses access new markets and grow internationally.

Bio-Based Chemical Production

Celtic Renewables produces bio-acetone, bio-ethanol, and bio-butanol using whisky by-products and agricultural waste at its Grangemouth biorefinery. These bio-solvents offer sustainable alternatives to fossil fuel-based equivalents, reducing the carbon footprint of household goods by 65% without altering manufacturing processes or consumer habits.

Japan's Market Potential

Japan, identified as a prime destination for innovation missions, is the world's third-largest economy by GDP. The Japanese government plans to expand its bio-based economy to over $650 billion by 2030, making it an attractive market for UK engineering, chemistry, and biology companies. Japan also serves as a gateway to the East Asia region.

International Collaboration

The visit to Japan is part of an ongoing relationship between Scotland and Japan's industrial sectors. In September 2024, Celtic Renewables hosted over 20 delegates from Japanese chemical and engineering businesses. The mission is expected to foster further international partnerships and expand Celtic Renewables' global footprint.