Swedish greentech company Lignin Industries AB has announced the mass commercialisation of its Renol technology, a bio-based material developed from lignin, often found in trees. Lignin Industries claims it has developed a way to end reliance on fossil fuel-based plastics by transforming lignin, an organic material, into ‘renewable, circular’ bioplastics. Apparently, Lignin is an organic polymer most commonly found in trees. It provides structure and aids in water retention, while preventing toxins from entering. The company has created Renol, a bio-based material developed from the lignin, with the technology implemented at a factory just outside Stockholm, Sweden, with multiple applications and commercial use cases either ready to launch or in advanced development stages. Renol is said to have industrial uses such as Acrylonitrile Butadiene Styrene (ABS), Polyethylene (PE), and Polypropylene (PP); which includes domestic goods, automotive, consumer electronics, and PE films among other applications.