Celtic Renewables and Caldic enter strategic partnership to bring innovative bio-solvents, produced in Scotland, to global markets

4 November, 21

Cleantech innovator Celtic Renewables has signed its first major re-seller, Caldic, as it gears up for the launch of Scotland’s first sustainable chemical plant in Grangemouth, Scotland. The partnership secures a fast go-to-market strategy for Caldic’s bio-solvents range, supporting its customers in advancing their sustainability journey.

Celtic Renewables’ patented low-carbon technology converts unwanted and low-value biological material into high-value renewable chemicals, sustainable biofuel, and other commercially and environmentally valuable products.

Caldic, a leading solutions provider for the life science and specialty chemical industries will distribute the bio-solvents produced by Celtic Renewables. This high purity, bio solution, with an extremely low carbon footprint, will provide Caldic’s customers with a sustainable bio-based alternative to fossil fuel produced solvents.

This significant deal coincides with COP-26 which is good news for the UK as it transitions to a net-zero economy. The announcement of the partnership was made by Mark Simmers, Chief Executive Officer of Celtic Renewables, at a COP 26 event on 3rd November entitled Scotland’s Green Innovation and Investment Showcase, attended by Scotland’s First Minister Nicola Sturgeon.

Mark Simmers, Chief Executive Officer of Celtic Renewables, said: “This strategic partnership with Caldic not only secures the viability of our Grangemouth plant and the 35 people who work there, but also allows us to fast track our global expansion programme.

“To support this, we have launched an additional round of crowdfunding on Crowdcube to support our plans to build larger scale facilities around the world, which will enable us to bring more of our sustainable solutions to a greater number of people interested in doing the right thing for the planet.”

Celtic Renewables, awarded the most innovative biotech SME in Europe, is recognised as a shining example of a sustainable solution provider with this innovation which will steer the world away from dependence on petrochemicals.

Roger Collis, Business Development Director at Caldic, commented: “Caldic is delighted to have agreed a partnership with Celtic Renewables for the distribution of their bio-solvents throughout Europe. The addition of these high-quality products is in line with our strategic plan to grow our portfolio with products with a lower carbon footprint.

“We are excited to be bringing to the market these unique bio-solvents which offer an environmentally friendlier solution that will be of interest to manufacturers of Personal Care and Homecare products, as well as those involved in the production of biofuels.”

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