Novamont and Serbian Government Sign Agreement for the Design of the Circular Bioeconomy Model of the Balkan State

10 February 2020

A collaboration protocol was signed in Belgrade between Novamont and the Serbian government for the design of a circular bio-economy model that will enable the Balkan state to shape low-impact agricultural-environmental systems.

The ceremony took place at the Government Palace in the presence of the Minister of the Environment, Goran Trivan, the Italian Ambassador Carlo Lo Cascio and Catia Bastioli, CEO of Novamont.

Under the terms of the five-year agreement, in the first phase of collaboration, Novamont will be involved in supporting the design of a model for the separate collection of urban and agricultural waste, subsequently implementing a pilot project of the model in one or more Serbian cities and providing consultancy on the circular bio-economy to the Ministries of Agriculture and Environment.

Later on, the collaboration may be extended to industrial investments by Novamont, either alone or in public or private partnerships, whether international or local, and/or by companies in the Novamont supply chain.

The agreement is part of efforts being made by the Republic of Serbia since their EU accession procedure commenced designed to harmonise their environmental protection legislation with European legislation. The main theme is that of new models of agro-industrial development and environmental protection.

"Thanks to its pioneering activity in the bioeconomy, Novamont is a true demonstrator of the possibility that entire application sectors may be redesigned from bioplastics and biochemicals. Our collaboration with Serbia is a further step towards the multiplication of sustainable models and the creation of interconnected and innovative infrastructures for the treatment of organic carbon and the transformation of waste into new products," declared Catia Bastioli, Novamont CEO.

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