Biorefining is the sustainable processing of biomass into a spectrum of marketable biobased products and bioenergy.
For example: Simple combustion-based power and/or heat production from straw in our view is no biorefining; however, fractionation of straw into sugars and lignin for the co-production of advanced biofuels/chemicals from the sugars fraction and power/heat from the lignin fraction is.
The Circular Economy is defined as an economy that is restorative and regenerative by design, and which aims to keep products, components and materials at their highest utility and value at all times, distinguishing between technical and biological-cycles [Ellen MacArthur Foundation, 2015].
This is an economy that encompasses the production of renewable biological resources and their conversion into food, feed, fibres, materials, chemicals, fuels, energy and minerals through efficient and innovative technologies [European BioEconomy Alliance].
The Biobased Economy is the BioEconomy without the food/feed sectors