7 April 20251 April 2025 Scottish bioeconomy secures £5 million boost for innovation Research and development initiatives designed to accelerate bio-based manufacturing in Scotland have received a £5 million funding boost through Innovate UK’s Launchpad programme
17 February 202512 February 2025 Celtic Renewables’ Welcomes Deputy First Minister at Scotland’s First Biorefinery The company takes by-products and waste from the food, drink and agriculture industries – including by-products from whisky distillation – and turns them into high-value green chemicals, bioacetone and biobutanol
17 June 202211 June 2022 Scotland’s industrial biotechnology sector anticipated to surpass £1 billion turnover milestone by 2025 Updated National Plan for Industrial Biotechnology outlines new ambitions for Scotland’s bioeconomy, including reaching a target of 220 companies operating in the sector and more than 4,000 employees by 2025
25 April 202219 April 2022 £5m fund launched to develop carbon dioxide utilisation technology A new fund to help develop the emerging CO2 utilisation technology has been launched
30 November 202125 November 2021 Sugar beet re-introduction could create hundreds of jobs and support Scotland’s net zero goals, new report Domestic bioethanol supply could reduce carbon emissions by more than 280,000 tonnes annually
21 June 202116 June 2021 Re-introduction of sugar beet to Scotland takes significant step forward Crop harvested for first time in 50 years will support development of a bio-economy in Scotland
24 March 201523 March 2015 New investment takes Celtic Renewables Ltd’s valuation to £10million Company to produce bio-butanol from waste residues of the whisky industry
19 February 201518 February 2015 Roadmap set for Scottish biorefining industry through to 2025 Industry-led initiative agrees key actions to increase turnover to £900m by 2025
27 June 201427 June 2014 NNFCC assists Celtic Renewables in partnership with Bio Base Europe Pilot Plant Collaboration will allow company to develop its process turning whisky by-products into biofuel
2 April 201431 March 2014 Scotland aims at playing a leading role in the £360 bln global industrial biotechnology market New Industrial Biotechnology Innovation Centre (IBioIC) to become key element of the National Plan for Industrial Biotechnology
10 February 20147 February 2014 New industrial biotechnology innovation centre to create 1500 jobs A new innovation centre for industrial biotechnology is forecast to increase IB related turnover to up to £3 billion by 2030, create 1500 jobs within five years and put Scotland at the forefront of a global transformation
26 November 201325 November 2013 New £900m turnover target for biotech sector Scotland to set a new target of increasing IB-projects in Scotland
7 December 2012 Innovation award for pioneering biofuel firm Celtic Renewables wins the much coveted Scottish Green Energy Best Innovation Award
16 November 2012 Marine Biopolymers looking to build pilot plant for sodium alginate production Seaweed technology could create 40 news jobs for island community
6 February 2012 Scotch whisky could be source of next generation biofuel Celtic Renewables and Scottish Enterprise produce biofuel on an industrial scale