Neste has chosen the Port of Rotterdam for its next renewable products refinery

Neste’s headquarter in Espoo, Finland

Finnish biofuel producer and oil refiner Neste has chosen the Dutch port of Rotterdam as the location for its next renewable products refinery. Neste said the new plant will be around the same size as the 1.5 billion euro ($1.79 billion) refinery expansion it is currently building in Singapore, which the company described as its biggest investment so far.

Continue reading

Celtic Renewables launched its Crowdcube funding campaign

Scottish cleantech innovators Celtic Renewables launched its Crowdcube funding campaign on the back of investor appetite to fund companies with environmental, social and governance (ESG) factors.  With commissioning of Celtic Renewables’ biorefinery in Scotland – the first of its kind in the UK – on track for Spring 2021, and on the back of £30 million funding already raised; the business is poised to play a pivotal role in the UK’s transition to net-zero economy.

Mark Simmers, CEO and Martin Tangney OBE, President

Continue reading

UPM enters the biochemicals business by investing in a biorefinery at Leuna, Germany

Fraunhofer in Leuna

Finnish company UPM takes the next transformative growth step and enters the biochemicals business by investing in a biorefinery at Leuna, Germany. The biorefinery will produce a range of 100% wood-based biochemicals which enable a switch from fossil raw materials to sustainable alternatives in various consumer-driven end-uses. The investment opens totally new markets for UPM with large growth potential for the future.

Continue reading

An interview with Mladen Istuk, director of the biorefinery project development at INA

Mladen Istuk

“INA as a social and environmental responsible middle European company has recognized value of bioeconomy in fighting climate change, and through its development activities is constantly seeking for advanced technologies, which can be used to align with global trends, as well as to enable creation of new opportunities for the company”. To say it – in this exclusive interview with Il Bioeconomista – is Mladen Istuk, director of the biorefinery project development department at INA, the Croatian oil company.

In this exclusive interview with us, he talks about what INA is doing in the circular bioeconomy and its involvement in the BBI JU Demo Project GRACE. And also about the Croatian bioeconmy

Interview by Mario Bonaccorso

Continue reading

Versalis confirms the resumption of the former Mossi Ghisolfi’s biorefinery in Crescentino

The Biorefinery in Crescentino, Italy

Versalis, the chemical division of the Italian oil company Eni, confirms that it is in the process of implementing an action plan that will lead to a resumption of operations at the former biorefinery of Mossi Ghisolfi Group in Crescentino, which were acquired in November 2018. New 35 hires are expected by the end of the year.

Continue reading

KaiCell Fibers’ biorefinery in Finland has a very remarkable impact on regional economy

Jukka Kantola, CEO of KaiCell Fibers

Pöyry Finland Ltd has completed a survey on socio-economic impacts of KaiCell Fibers’ biorefinery in Finland. According to the survey, the impact on the total output of Finland is close to one billion euros and over 700 million euros in the Kainuu province alone.

The on-going biorefinery project has a very remarkable impact on regional economy and employment. Through the indirect effects of the biorefinery, 1190 jobs are created in Kainuu region when the mill is operational. At national level, the employment effect is almost 2000 jobs. The impact of the construction period is 6400 person-years in Finland. Once mill is in operation, the increase on gross national product of Finland will be about 0,2% and in the area province of Kainuu, the increase will be 12 %. Continue reading

UPM’s possible Kotka biorefinery in Finland has its Environmental Impact Assessment

Source: http://www.upm.com

The Environmental Impact Assessment (EIA) for UPM’s possible Kotka Biorefinery in Finland has been completed and given to the authorities for their final conclusions. The UPM Kotka Biorefinery would produce approximately 500,000 tonnes of advanced biofuels made from sustainable raw materials for use in the road transport, marine and aviation sectors. The biorefinery’s products could also be used for replacing fossil raw materials in the chemical industry.

Continue reading

Finnish bioeconomy: sensible industrial wood usage benefits our planet

VTT Technical Research Center’s headquarter in Tampere

We receive and publish with pleasure this contribution sent by professor Olli Dahl (Aalto University, Finland), who presents a list of all the main investments and their products in Finnish bioeconomy, and considers whether the country’s forest resources can cope with so much new potential capacity in the forest industry sector.

Continue reading

Eni denies the Ipo of Versalis and invests €500 million for the next 4 years in green chemistry

Headquarter of Eni in San Donato Milanese (Milan)

“The Ipo (Initial public offering, editor’s note) of Versalis is not yet in Eni’s plans”, Massimo Mondazzi, CFO of the Italian oil giant, said last Friday during a conference call with analysts answering the question about the chemical quotation hypothesis. “We want to maintain and strengthen Versalis, there are no Ipo projects. The option is not in the plans,” he said.

Continue reading

UPM moves forward with the development of biochemicals business in Germany

Biofore Concept Car. Full rights owned by UPM. Photographer: Sami Kulju

Finnish pulp and paper giant UPM moves forward with the development of biochemicals business by evaluating the potential of building a biorefinery in the Chemical Park Frankfurt-Höchst in Germany. The new-to-the-world biorefinery would combine novel technologies and utilize sustainable wood raw material in an innovative way. This opportunity is the outcome of more than five years of extensive technology development and piloting.

Continue reading