Hunton has announced that it has been awarded over NOK 14 million ( EUR 1,21 million ) in funding from Innovation Norway for the ontogeny of its fresh circular acquire spiritualist , Fibergrow .
The Gjøvik - based fellowship is a producer of wood - based Cartesian product for the construction industry . Fibergrow has been develop in collaboration with the Norwegian Institute of Bioeconomy Research ( NIBIO ) , Norse soil and peat producers , and the Norse horticulture industry . Over the preceding five years , the maturation culture medium , made from virtuous Fibergrow or soil mixture containing Fibergrow , has been tested on various crops with good results .
Ole Mathias Lygren and Arne Jebsen
Innovation Norway is providing a 25 % grant toward evolution costs over a three - yr projection period . The funding comes from the Ministry of Agriculture and Food and is categorized as backup for bioeconomy and climate enterprisingness .
" Innovation Norway and Bionova aim to reduce risk in projects that promote green growth , and the Fibergrow opening fits perfectly . The labor contributes to boil down CO2 -emissions and open up a new business organisation area for Hunton . We see forward to collaborating further when Hunton is quick to export Fibergrow , " says Sverre Bjørnstad , Regional Director for Innovation Norway in Innlandet .
Fibergrow can be used for cultivation in most types of horticultural output , such as cuke , tomato , Chuck Berry , herbs , flower , and shrubs in nurseries . It can to the full or partially supersede less sustainable growing alternative . This circular grow medium is made from 100 % PEFC - certify spruce chips , a byproduct of the local timberland manufacture , with significant note value creation and environmental impact expected from the project .
Minister of Agriculture and Food Geir Pollestad articulate : " The government , through the establishment of Bionova , has leave cock to support foundation and green transition in the blue and immature sector . With this funding , Hunton is leading the way in grow sustainable solutions that benefit both the agrarian sphere and bon ton . "
Ole Mathias Lygren , Business Developer at Hunton said : " This grant is an crucial milestone for us , and Fibergrow will offer a unripe choice for culture . The financial backing from Innovation Norway enables us to endue in Cartesian product and process ontogeny , scale up faster , and get in novel markets . "
For more information : Hunton Fiberhunton.ae
