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Norwegian startup Blastr plans €4B green steel plant in Finland

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Norwegian startup Blastr Green Steel is planning to establish a green steel plant with an integrated hydrogen production facility in Inkoo, Finland. The production is planned to start by end of 2026. Finland is an ideal location for our project. —Hans Fredrik Wittusen, CEO of Blastr Green Steel.

Finland 437
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Business Finland awards €27.7M to Neste for Porvoo refinery green hydrogen projects

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Business Finland awarded Neste with a public funding of €27.7 million for green hydrogen projects at Neste’s refinery in Porvoo, Finland, aiming to develop solutions for renewable hydrogen production. This grant will have a significant impact on advancing our green hydrogen projects in today’s challenging business environment.

Finland 210
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Finnish Minerals Group and FREYR to work together to establish battery cell production in Finland

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Finnish Minerals Group and Norway-based FREYR Battery have signed a Memorandum of Understanding (MoU) to pursue co-operation in implementing a battery cell investment in Finland. One of Finnish Minerals Group’s strategic objectives is to create a sustainable battery value chain in Finland. Earlier post.).

Finland 170
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Neste selects Rotterdam as a location for its possible next world-scale renewable products refinery

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Neste announced in March 2020 an intention to increase its renewable products production capacity in Europe according to the company strategy. The company has now concluded a thorough study phase concerning the two possible locations, Porvoo, Finland and Rotterdam in the Netherlands. Neste has existing sites in both locations.

Renewable 397
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SSAB and Fortum explore possibilities for the production of hydrogen-reduced sponge iron in Raahe

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million tonnes per annum blast furnace and basic oxygen furnace (BOF) steel plant operating in Raahe, Finland; its main products are hot-rolled plate and strip. The FEED study will explore the possibilities of making fossil-free sponge iron at an industrial-scale in Raahe and of building a hydrogen production plant.

Hydrogen 195
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Stellantis and Terrafame agree on low-carbon nickel sulfate supply for EV batteries

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Beginning in 2025, Finland-based Terrafame will supply Stellantis with nickel sulfate over the five-year term of the agreement. Terrafame operates one of the world’s largest battery chemicals plants for EV batteries in Finland; the plant is capable of producing nickel sulfate for around 1 million electric cars per year. Stellantis N.V.

Supplies 210
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Stora Enso building €10M pilot plant to produce hard carbon from lignin; electrode materials

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Stora Enso is investing €10 million to build a pilot facility for producing bio-based carbon materials based on lignin. Wood-based carbon can be utilized as a crucial component in batteries typically used in consumer electronics, the automotive industry and large-scale energy storage systems.

Carbon 359