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    Grid opens new audiovisual studio in Greater Lille

    Belgium-based Grid has opted to open its third office in Hauts-de-France—proof that Lille’s highly developed digital ecosystem is a strong selling point for animation studios.

    Booking.com renews commitment to Tourcoing

    Booking.com has signed a deal for a new building in Tourcoing, making good on plans announced in April. Find out why the fast-growing online travel company chose to stay in Hauts-de-France.

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    Evertree: The new branch of plant chemistry

    14 Sep 2016 | Front page, Advanced Materials, Investment

    Evertree, a new company dedicated to reducing harmful chemicals, has developed a rapeseed-based additive that can replace the formaldehyde traditionally used to manufacture wood composite panels. It's new. It’s exciting. And it’s right here in Northern France.

    Evertree, renewable chemicals, has a pilot plant in Compiègne.

    Alternatives to harmful chemicals

    As consumers become increasingly concerned about the health and environmental impacts of volatile organic compounds (VOCs), plant-based chemicals offer an attractive alternative. Three partners—the Avril Group, Israeli start-up Biopolymer Technologies, and the SPI (Société de Projets Industriels) investment fund managed by Bpifrance—have responded to this opportunity by creating Evertree, a joint venture specializing in renewable chemistry.

    Rapeseed-based resin additive

    At its industrial pilot plant in Compiègne, Evertree is using rapeseed meal to produce a resin additive that is highly sought after in the wood composite panel industry. With this promising new product, customers can reduce and perhaps even eliminate the use of formaldehyde, which is harmful to health and to the environment. And because the Evertree additive delivers the same level of performance with less resin, customers will see significant productivity gains as well.

    Timeline and funding

    The Compiègne pilot facility is expected to begin production in 2017, and a larger factory in France will begin operating in 2018. By 2020, production capacity should reach 50,000 metric tons per year, creating 110 direct jobs. Evertree currently has €24 million to develop and market its first industrial application, and the three JV partners have agreed to invest a total of €72 million over four years.

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