FILE PHOTO: Northvolt logo is pictured in the Northvolt office in Stockholm, Sweden June 14, 2018. REUTERS/Esha Vaish
HELSINKI (Reuters) - Swedish battery maker Northvolt and Finnish-Swedish forestry company Stora Enso are trying to develop batteries from forestry byproduct lignin, the companies said on Friday.
A part of wood that binds tree fibers together, lignin accounts for 20-30% of a tree and used to be burned for energy. After years of research and development, it could be turned into new products by forestry giants letting go of paper.
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