The TERRIFIC project will demonstrate at TRL 8 bio-based, circular flagship solutions for improved properties packaging applications, fulfilling the superior requirements in terms of performance along their entire supply value chain while improving circularity and resource efficiency. To do so, 6 ambitious specific objectives have been selected: - Implement a first-of-its kind multipurpose biorefinery for the obtaining of biobased building blocks including 1,4-bioBDO, and C18-DCA at TRL 8 and demonstrate its replicability - Successfully Produce of biopolyesters and biomaterials with RRM > 95% and improved properties (barrier and durability) at TRL 8 including 1,4-bioBDO, C18-DCA from the multipurpose biorefinery - Develop biobased, recyclable, compostable and high-performing flagship packaging products by means of traditional industrial technologies - Demonstrate the sustainability, circularity and safety of the biobased materials developed for the flagship packaging products with respect to existing fossil or bio-based benchmarks - Improve circularity and resource efficiency through the validation of multiple end-of-life scenarios for the developed Flagship products - Evaluate and demonstrate the replicability of the TERRIFIC concept through a multi-actor approach to create an interactive innovation model for engagement of all the actors in the value chain in the exploitation of new business opportunities TERRIFIC is a multidisciplinary project engaging 19 partners from 9 countries covering the whole value chain (including 6 SMEs). An implementation plan is presented in the form of 7 work packages, 5 of which are technical in nature. Synergy in communication and dissemination by the several partners and stakeholders (including a multiactor interest group) will maximize the project progress and impact. Solutions to overcome the barriers as well as appropriate deliverables, tasks, milestones, and risks to complete the project objectives in due time are presented.