A new deal has been brokered between industry heavy-weights IKEA and Newlight that is a further indication of the importance of the bio-economy for large consumer brands.

As a sustainable brand, IKEA has consistently positioned itself as a green innovator with a positive impact on both people and planet. In line with this business approach, IKEA takes the lead in the bioeconomy a number of ways, namely, turning waste into resources and developing a strategy for reverse material flows in waste material value chains.