Washington State offers numerous opportunities to Finnish bioeconomy companies. Washington State has set goals to become more sustainable and reduce carbon emissions. Especially the forestry industry is in transition: the state has set several policies to support the transition, and many of them are related to the better utilization of wood-based biomass.
To support its client companies to identify possible business opportunities the US market, Business Finland Bio & Circular program had a market research study by Nordic Trading House made. In this webinar, the results of this study will be presented. After that, there will be plenty of time for questions and discussion.
Washington State has set new regulations and allowed taller mass-timber construction projects to become greener. The mass-timber construction is going to support many parts of the wood product value chain, including but not limited to: selective harvesting, small diameter tree sawmilling, CLT, and glulam production. In addition, the plastic bag ban is supporting the R&D and commercialization of forestry feedstock-based bioplastics.
Further, in November 2021 Finland and Washington State signed an official Memorandum of Understanding on industrial and research collaboration. Finnair has also announced adding Helsinki to Seattle route in 2022. Direct flights from Helsinki to Seattle will start in June 2022. This will bring boost on collaboration between Finland and Washington State.
Participating is free of charge but requires registration by January 26. The study will be published on Bio & Circular Finland program page after the webinar.