PaperShell has been invited to prepare a grant agreement under the EU Innovation Fund and hopes to receive funding of up to to €40.3 million of the total €83.2 million for the planned expansion of its plant in Tibro, Sweden.

PaperShell’s patented material is stronger than plastics, as versatile as fibre composites and lighter than metals. It is made from kraft paper, impregnated with a bio-binder, stacked in layers and pressed into biogenic load-bearing components.

Under the expansion plan, PaperShell’s Tibro factory will be expanded to 15,600 square metres and equipped with automated, modular composite production lines to produce components for use in the construction, transport, consumer goods, electronics and defence sectors. Annual capacity will be around 24,000 tons by 2030.

Nearly five years of scientific testing and close co-development with clients have resulted in solutions where reduced production waste, lower energy use and closed-loop systems enable climate-positive, circular bio-economy solutions.

“This represents an important step, not just for us, but for Europe s materials industry,” says Anders Breitholtz, founder and CEO of PaperShell. “We’re proving that science, art and capital can work together to strengthen nature’s own intelligence,”

The expanded factory in Tibro will be based on a wooden structure with a PaperShell façade and largely powered by solar energy.

www.papershell.se