Entering the Bio-based Industry Space

The Challenge:

The chemical industry bears the largest and most impactful innovations to transform the growing bio-based economy into one of the strongest industrial pillars. This richness of opportunities also presents a challenge to identify and concentrate on the most promising, business- and sustainability-wise.

Our client, an international industrial corporation not yet active in this space, commissioned InnoCres Consultancy to provide them with expert industry support in the identification, prioritization, and implementation of R&D proof-of-concept work to reach the strategic ambitions of the newly created Bio Economy Business Unit.

The Project:

InnoCres Consultancy’s own experience within our business verticals “Market Insights”, and “Technology Platform” were essential for the success

of this project.

Our client has in hands a detailed report of areas in the chemical industry prioritized by the relevance of bio-based innovations, customers’ desirability

and expected profitability

Value added by InnoCres Consultancy:

The detailed report with further recommendations on partnerships and preferred business models in this industry space shall guide the

implementation of the client’s strategy.