Fortum Oyj (Fortum) is a Finland-based energy company focused on electricity generation and related energy services, with a core portfolio in hydro and nuclear power in the Nordic region. The company is publicly listed on Nasdaq Helsinki and serves industrial and utility customers across Europe.
For the chemical value chain, Fortum operates recycling and circular-economy businesses, including Fortum Battery Recycling, which processes end-of-life lithium‑ion batteries and production scrap. Using mechanical and hydrometallurgical methods, it recovers critical metals such as nickel, cobalt, manganese, and lithium for reuse in new battery materials. Fortum also provides industrial waste treatment and material recovery services to customers in sectors including batteries, automotive, and metals, supporting resource efficiency and compliance with evolving European environmental standards.
chemXplore tracks 2 projects involving Fortum.
Fortum's role on them: Owner.
Regional platform mobilises 14 organisations to coordinate offshore wind, LNG/bioLNG, hydrogen, CCS, SMRs and infrastructure protection across the Baltic Sea region.
Joonas Rauramo will join the Group Executive Team as EVP, Energy on 1 October 2026 and will be based in Helsinki.
Tina Hinz becomes General Counsel & CCO on June 1, 2026. Ex-Linklaters, at the firm since 2016; led financings, trading compliance, crisis stabilisation and EU compliance rollout.
CEO-led alliance published a white paper urging governments to boost demand certainty, lower electricity costs, simplify RFNBO rules, de-risk finance and fund a hydrogen backbone to speed FIDs.
CEO-led alliance white paper diagnoses bottlenecks—fragmented rules, high power costs, weak demand certainty—and urges bankable demand, simpler support, de-risk finance and cross-border infrastructure
CFO Tapio Korpeinen to retire in 2027; Risto Penttinen appointed EVP, Transformation. Succession plans for CFO and EVP, UPM Energy underway.
Power firms urge EU to maintain the Emissions Trading System, preserve market mechanisms, and accelerate decarbonization to ensure energy security and competitiveness.
The new facility uses hydrometallurgical technology to recycle 95% of valuable metals from batteries, meeting EU regulations and supporting sustainable battery production with low CO2 emissions.
