Finnish company KaiCell Fibers completed a technical-commercial feasibility study (FS), mainly delivered by CTS Engtec Oy, and now is ready for the next steps towards making the biorefinery in Paltamo, northeast Finland, a reality.
Finnish bioeconomy confirms its dynamism. KaiCell Fibers has embarked on a venture to construct a state-of-the-art biorefinery mill as core component in an industry park projected to house several downstream operators drawing on wood as primary raw material.
The project is based on an alliance between Kainuun Liitto (The Regional Council of Kainuu) and NC Capital Partners. KaiCell will tap into the Kainuu region’s extensive and currently under-utilised fibre wood resources, and incorporate BAT (best available technology) to ensure high value-added products, maximum raw material efficiencies and minimum environmental loads throughput the process. Production is planned to commence by 2020.