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After the collapse of the Soviet Union, production and export of oil and gas proved instrumental in lifting Azerbaijan out of post-Communist poverty. It piqued interest in energy-policy circles, and in 2020, the World Bank published a study finding that the cable could be financially productive. Were trying to keep the balance.
Norwegian startup Blastr Green Steel is planning to establish a green steel plant with an integrated hydrogen production facility in Inkoo, Finland. The area has excellent conditions for industrial activities: a deep-water harbor and an excellent electricity transmission network. Finland is an ideal location for our project.
Business Finland has granted Keliber Technology Oy, a Finnish mining and battery chemical company that aims to start the sustainable production of battery-grade lithium hydroxide utilizing its own ore, investment funding of a maximum of €7 million. The project is part of the Smart Mobility and Batteries from Finland programme.
Demand for raw materials used in the production of electric car batteries is set to soar, prompting the UN trade body, UNCTAD (United Nations Conference on Trade and Development), to call for the social and environmental impacts of the extraction of raw materials, which include human rights abuses, to be addressed urgently. Brazilian mine.
Finland-based bio and forest industries company UPM and WWF Finland have engaged in a dialogue on the status of wood-based liquid biofuels in Finland and present a list of joint measures to be carried out to promote sustainability. —Liisa Rohweder, CEO of WWF Finland. Earlier post.).
THINK, the Scandinavian electric vehicle (EV) maker, has re-started production of the THINK City—one of the first urban EVs—at a new facility with manufacturing partner Valmet Automotive in Uusikaupunki, Finland. The THINK City in production at Valmet. Click to enlarge.
North European Bio Tech Oy (NEB) has made an investment decision concerning the construction of a bioethanol plant on the Renforsin Ranta industrial estate in Kajaani, Finland. The plant is projected to begin production in mid-2016. The production capacity of the plant, 10 million liters (2.6
Researchers at the University of Turku in Finland have developed a thin-layer artificial biofilm technology for sustainable and long-term ethylene photoproduction. The team optimized the production system by varying different parameters, such as radiance, inorganic carbon level, and periodicity of medium renewal.
The technological breakthrough within the HYBRIT ( earlier post ) initiative cuts about 90% of the emissions in connection with steel production and is a decisive step on the road to fossil-free steel. The production has taken place continuously and with good quality. The potential cannot be underestimated.
In keeping with this strategic shift of business, OMV will reduce its oil and gas production by around 20% by 2030 and will completely cease oil and gas production for energy use by 2050. Growth is also set to be achieved by diversifying the portfolio towards adjacent products and new product groups.
Fortum, BASF, and Nornickel have signed a letter of intent to plan a Li-ion battery recycling cluster in Harjavalta, Finland, serving the electric vehicle market. Using metals from recycled batteries to produce battery materials offers significant CO 2 reduction in the production of electric vehicles. Earlier post.). Earlier post.).
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. The pilot plant will be located at Stora Enso’s Sunila Mill in Finland. Stora Enso has been producing lignin industrially at its Sunila Mill in Finland since 2015.
Neste Corporation has made the final investment decision to invest into new renewable productsproduction capacity in Rotterdam. The decision is based on demand for renewable products growing substantially with customers’ higher climate ambitions. million ton capacity for renewable products in Rotterdam is the largest in Europe.
Forest BtL Oy, owned by Vapo, A Finnish bioenergy, peat and sawmill company, awarded Technip a contract, worth approximately €5 million, for the front-end engineering and design (FEED) of a new biomass-to-liquid (BTL) plant to be built on Ajos island, Finland. Choren Industries filed for insolvency in July 2011. Earlier post. ).
The technology group Wärtsilä has been granted €1 million in funding by Business Finland, a state-run public agency for funding important research projects, to support research in the field of Power-to-X (P2X) technology.
VTT Technical Research Centre of Finland is bringing its expertise as a developer of biomass processing technology to Brazil. Odebrecht, a conglomerate and one of the southern hemisphere’s largest enterprises, is making preparations for second-generation ethanol production and plans to construct a demonstration plant.
Technology, engineering and project management company Neste Jacobs and SunPine, producing biochemicals and feedstock for second-generation renewable fuels, have signed an agreement for Neste Jacobs to perform EPCM services to construct a Tall Oil Rosin production facility in Piteå, Sweden. Earlier post.). Earlier post.).
Metsä Fibre, part of Metsä Group, and Veolia recently signed a long-term partnership agreement on the refining of crude methanol generated in pulp production at the Äänekoski bioproduct mill into commercial biomethanol. The Kraft pulping process transforms wood chips into pulp, from which a broad range of paper products are made.
For Umicore this investment represents the final step in establishing a global production presence with battery material value chains that are regionally fully integrated to support its customers in their fast transformation towards sustainable electric mobility.
The initiative is intended to provide a platform to establish sustainable battery production. The companies will work together to reduce their respective environmental footprints along the entire value chain, from the production of active battery materials to cell production, modeling of battery downgrading, safety and recycling.
Chempolis Ltd, a Finland-based biorefining technology company, signed a partnership agreement with Numaligarh Refinery Limited (NRL, a Government of India enterprise). According to Economic Times, the bamboo industry is estimated to reach US$5.7 For NRL, production of fuel grade ethanol will result in substantial savings.
UPM, one of the world’s leading forest products groups, recently began an official procedure for an environmental impact assessment (EIA) for a second-generation biofuels plant in Lappeenranta, Finland. The main end products of the plant would be renewable diesel, and bio- gasoline, kerosene and naphtha. Earlier post.)
billion to add additional renewable productsproduction capacity in Singapore. The investment will extend Neste’s renewable product overall capacity in Singapore by up to 1.3 million tons per year, bringing the total renewable product capacity close to 4.5 Neste currently has a renewable productsproduction capacity of 2.7
co-processed marine fuel ( earlier post ) in its vessels in Finland and Sweden. The ISCC PLUS certified marine fuel enables up to 80% reduced greenhouse gas emissions over the life cycle compared to fossil fuels without compromising the product quality and performance. Photo: ESL Shipping. Neste Marine 0.1
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.
Chempolis Ltd, a Finland-based biorefining technology corporation and ONGC, India’s leading oil & gas exploration company, signed a memorandum of understanding for the establishment of a joint biorefinery project for the production of cellulosic ethanol and biochemicals in India. pulp), platform biochemicals and biocoal.
BASF has officially broken ground for its new cathode active materials (CAM) production plant in Schwarzheide, Germany. The new plant is part of BASF’s multi-step investment plan in the European battery materials market and will use precursors (PCAM) from the company’s previously announced plant in Harjavalta, Finland.
Finland-based forestry-industry company UPM, VTT and VV-Auto Group will start fleet tests of renewable diesel produced mainly from crude tall oil, which is a residue of chemical pulp production, UPM BioVerno. Advanced, sustainable biofuels are a great opportunity for Finland. Earlier post.)
The plant, which will produce chemicals used in electric vehicle batteries (EVB), will be located at the company’s current industrial site in Sotkamo, Finland. The estimated production capacity of the new plant is around 170,000 tonnes of nickel sulfate and about 7,400 tonnes of cobalt sulfate per year.
The fleet tests, conducted by the VTT Technical Research Center of Finland, were started in May last year and ran until early 2014. The approximately 20,000-kilometer test drive length was chosen based on the fact that, in Finland, the average yearly distance driven with cars is 17,000 kilometers (10,600 miles). Earlier post.).
We see a lot of parallels on where the vanadium industry is now versus where the lithium industry was 10 years ago. Currently, approximately 75% of global vanadium supply is sourced from China, South Africa, and Russia. We believe that in the next 10 years vanadium will be the ‘new lithium’.
Following the commissioning and successful operation of company’s own biorefinery in Oulu, Finland ( earlier post ), Chempolis’ Board of Directors has taken a strategic decision to enter joint venture partnerships in advanced commercial biofuels and pulp production.
In addition to its importance for Neste Oil, the new unit represents a major industrial investment nationally in Finland. —Matti Lehmus, Neste Oil’s Executive Vice President, Oil Products and Renewables. The isomerization unit will have a capacity of 600,000 t/a.
Grants will be disbursed from the Innovation Fund to help bring technologies to the market in energy-intensive industries, hydrogen, renewable energy, carbon capture and storage infrastructure, and manufacturing of key components for energy storage and renewables. capture and liquefaction at a cement plant to storage in offshore sites.
EU biodiesel production increased 16.6% This increase is well below the increases in production in three of the four prior years (35% in. 2008, 54% in 2006 and 65% in 2005); in 2007, the industry growth rate was. Despite this lower production increase, the EU remains the. The product was offered at a lower price.
Wärtsilä Finland, the energy companies Vaasan Sähkö and EPV Energia, and the City of Vaasa, Finland have signed a letter of intent to cooperate in a project aimed at utilizing emissions-free hydrogen in power generation, industry and transportation applications. —Niko Paaso, Director at EPV Energia.
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.
Allianz Capital Partners, on behalf of Allianz insurance companies, has signed an agreement to acquire a minority stake in Ren-Gas Oy , a green hydrogen and power-to-gas project developer based in Finland. The main product of Ren-Gas’ plants is renewable synthetic methane, which is made from green hydrogen and captured carbon dioxide.
The first Etanolix plant delivered to the international market by Finland-based St1 Biofuels Oy was inaugurated in Gothenburg, Sweden last week. The ethanol plant is fully integrated into the functions and logistics of St1 oil refinery in Gothenburg and has an annual production capacity of 5 million liters (1.3 Earlier post.).
Project AIR —an industrial concept to produce methanol from a large variety of recovered end-of-life streams and hydrogen from electrolysis—has been awarded approximately €30 million by the Swedish Energy Agency, and is now applying for EU Innovation Fund to realize the project.
million) MORSE (Model-based optimization for efficient use of resources and energy) project to improve the products, business operations and competitiveness, as well as the energy and raw material efficiency, of the European steel industry. The European Union has launched the €5.7-million million (US$6.9-million)
Finnish Minerals Group, a mining and battery industry development and investment company, and FREYR Battery will cooperate to assess the feasibility of establishing an LFP cathode material plant in the city of Vaasa. Some of the mine’s production phase functions could be located outside the Sokli area. Sokli mining project.
Large quantities of waste straw are produced as agricultural residue in Finland and elsewhere, and only a small proportion of this is currently used. The project will study whether a logistically effective and efficient, large-scale straw harvesting chain could be created in Finland. The cells are then harvested and the oil recovered.
Keliber’s wholly owned, advanced lithium project, the Keliber project, is located in Kaustinen, Kokkola and Kruunupyy municipalities in Finland, which are among the most significant lithium-bearing areas in Europe. Based on assessments by Geological Survey of Finland, there are good indications of further ore potential in the region.
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