At Waxell, we are honored to have been the only Austrian SME selected for the prestigious Horizon 2020 HyperBioCoat project, funded by the European Union and led by Bio-Based Industries (BBI). This groundbreaking project brought together an unparalleled consortium, including renowned institutions like Fraunhofer ISC and IWKS, and global industry leaders such as Dow Chemicals and Unilever.
Through this collaboration, we have significantly advanced our expertise in developing bio-based, biodegradable coatings for sustainable packaging solutions.
Beyond HyperBioCoat
Partnering with Industry Leaders and Renowned Companies for Sustainable Innovation
"I encountered numerous innovations at K-Fair 2019, but Zeroplast stands out as the most intriguing by far."
We work with organizations to develop comprehensive innovation strategies aligned with their business objectives and sustainability goals.
Leveraging our extensive network and industry expertise, we help organizations identify emerging technologies and potential partners to drive innovation and gain a competitive edge.
Through our venture building and investment arm, we support the development and scaling of innovative startups that are aligned with our clients‘ strategic priorities and sustainability objectives.
We help build and nurture collaborative ecosystems that bring together diverse stakeholders, including industry partners, startups, academia, and government agencies, to drive innovation and accelerate the development of sustainable solutions.
We facilitate interactive workshops and innovation sprints designed to generate new ideas, solve complex challenges, and foster a culture of innovation within organizations.
Hyperbiocoat Project
As the only SME in Austria selected to participate in the Horizon 2020-funded Hyperbiocoat project led by the European Union, Waxell played a pivotal role in advancing sustainable packaging solutions through collaborative research and development.
Paper Jar Initiative
Waxell’s Paper Jar initiative represents a groundbreaking effort to revolutionize cosmetic packaging with eco-friendly alternatives. Through strategic partnerships and open innovation, we are driving the transition towards sustainable packaging solutions in the beauty industry.
Various International Consulting and Advisory Mandates
According to the Ellen MacArthur Foundation, transitioning to a circular economy could unlock $4.5 trillion in economic growth by 2030.
„The Ellen MacArthur Foundation’s vision of a circular economy has gained significant momentum globally.“ – Dame Ellen MacArthur
Studies show that 81% of consumers strongly feel companies should help improve the environment.
„Consumers increasingly expect companies to not just do less harm, but to actively do good for the planet.“ – GreenBiz
47% of consumers actively avoid products from companies they perceive as not committed to sustainability.
„Sustainability is no longer just a ‘nice to have’; it’s a reputational imperative.“ – Harvard Business Review
The Paris Agreement aims to limit global warming to well below 2°C, preferably to 1.5°C, compared to pre-industrial levels.
„The Paris Agreement sends a powerful signal that the global transition to clean energy is here to stay.“ – United Nations Secretary-General António Guterres
Open innovation, facilitated by corporate incubation, is essential for accelerating sustainable business transformation. Embracing external resources, expertise, and partnerships enables businesses to address pressing sustainability challenges and achieve their climate goals effectively.
Here’s how open innovation can add significant value to businesses, particularly in feedstock strategy for bioplastics and biofuels, and addressing recycling challenges:
Utilize external ideas, technologies, and knowledge to enhance innovation pipelines, offering benefits like access to diverse ideas and reduced R&D costs.
Corporate Incubation
Foster internal entrepreneurship by nurturing new business ideas, which accelerates innovation and engages internal talent.
Collaboration and Investment in Startups and External Ventures
Partner with startups and external ventures to diversify innovation portfolios and gain insights into emerging trends.
Venture Building
Create new companies from innovative ideas, fostering new revenue streams and promoting long-term growth.
Motivation and Leadership
Empower teams through effective leadership, fostering an innovation culture that boosts engagement and productivity.
Internal Innovation
Promote innovation within the organization by providing necessary tools, processes, and culture, ensuring sustainable competitive advantages.
