3.3.2025
Pioneering circular economy with data-driven innovations
The L2C Project – Linear to Circular through Sustainable Management Approaches and Data-Driven Business Models – part of Valmet’s Beyond Circularity R&D program and ecosystem, has officially launched. This ambitious, two-year project, funded by Business Finland and participating organizations, has a budget of approximately EUR 2.3 million.
The consortium consists of leading companies and universities: Valmet, Auramarine, Enersense, Forcit, Meyer Turku as well as Åbo Akademi University and the University of Turku. PBI Research Institute serves as the project coordinator.
“By integrating data-driven approaches and innovative technologies, we aim to transform traditional industries and create scalable, sustainable solutions that benefit businesses and society globally. This collaboration between academia and industry is crucial for driving meaningful change”, emphasizes Professor Magnus Hellström, Professor of Industrial Management at Åbo Akademi University.
“The L2C project represents the important steps needed to be taken in the circular economy. By integrating data-driven approaches and innovative technologies, we are not only aiming at transforming traditional industries but also creating scalable, sustainable solutions that will benefit businesses and society globally. This project can through the powerful collaboration between academia and industry drive this meaningful change”, says Hellström.
The L2C project aims to unlock two key opportunities in the circular economy: data-driven lifecycle services and innovative models and technologies for closing material loops in industrial processes. By leveraging modern technologies, innovative business models, and lifecycle service concepts, the project strives to develop a comprehensive, lifecycle-oriented approach to the circular economy and tackle the challenge of turning waste into valuable resources.
A central focus of the project is the identification, evaluation, and transformation of linear business segments into sustainable, circular systems. Additionally, the project will refine data-driven lifecycle service concepts that can create scalable, efficient business models and frameworks. These innovations are expected to provide significant value to the companies involved, as well as their global partners and customers, shaping the future of the circular economy.