Finnish chemical industry news

• Recycling Tires into Automotive Plastics: Neste, Borealis, Covestro Collaborate

  26 June 2024

  Biobased & CircularPolymersRubber

  

  Discarded tires are chemically recycled into high-quality polycarbonates for automotive parts, promoting circularity and sustainability in the plastics and automotive industries.
• Ivy Farm and Synbio Powerlabs Partner to Scale Cultivated Meat Production in Finland

  16 May 2024

  Biobased & CircularFood

  

  A new facility in Finland, supported by a €2.99M grant, will scale production of cultivated meat and precision fermentation, aiming to revolutionize sustainable food manufacturing.
• Borealis Invests EUR 4.5 Million to Boost Circular Raw Materials at Porvoo Site

  9 April 2024

  Base chemistryBiobased & CircularSteam cracker

  

  The investment will modify three cracker furnaces to increase production of renewable and recycled base chemicals, supporting a circular economy and achieving ISCC PLUS certification by 2025.
• Gasum Expands Riihimäki Biogas Plant

  8 February 2024

  Biobased & CircularEnergyIndustrial gasses

  

  The Riihimäki biogas plant will add an advanced evaporation system to improve efficiency, reduce emissions, and recover valuable nutrients, supported by a 40% grant from the Finnish Ministry of the Environment.
• Hycamite Begins Construction of Customer Sample Facility in Finland

  17 January 2024

  Base chemistryBiobased & CircularEnergyIndustrial gasses

  

  The facility will demonstrate methane-splitting technology, producing hydrogen and carbon without greenhouse gases. It will have a capacity of 2,000 tons of hydrogen and 6,000 tons of carbon annually.

• thyssenkrupp nucera and Neste Reserve 120 MW Electrolyser Capacity for Porvoo Refinery

  10 October 2023

  Biobased & CircularRefineryIndustrial gasses

  

  The agreement includes six 20 MW modules for green hydrogen production at Porvoo refinery, aiming for sustainability by 2030. Neste also explores using thermal energy for district heating.
• Finnish Energy Companies Collaborate on Industrial Hydrogen Valley

  20 July 2023

  Biobased & CircularEnergyIndustrial gasses

  

  The project aims to develop hydrogen infrastructure, storage, and transmission in Uusimaa, supporting Finland's carbon neutrality goals and fostering industrial investment opportunities.
• Stora Enso Announces Restructuring for Competitiveness and Profitability

  15 July 2023

  

  Plans include closing several production sites, reducing 1,150 jobs, and improving EBIT by EUR 110 million annually. Change negotiations will follow local regulations.
• Neste to Build Liquefied Waste Plastic Unit in Finland

  15 June 2023

  Biobased & CircularPolymers

  

  The new unit will upgrade 150,000 tons of liquefied waste plastic annually, part of a broader project targeting 400,000 tons. Completion is expected in early 2025.
• Stora Enso Advances Circular Packaging in Oulu

  6 June 2023

  Specialties

  

  A new board line in Oulu will produce 750,000 tonnes of renewable packaging by 2025, supporting sustainable, recyclable, and low-carbon solutions, creating 300 direct and 1,500 indirect jobs.
• Plug Power Expands into Finland's Green Hydrogen Market with PEM Electrolyzer and Liquefaction Technology

  30 May 2023

  Biobased & CircularEnergyIndustrial gasses

  

  Plug plans three green hydrogen plants in Finland, producing 850 TPD by 2030. Projects will support ammonia, green steel, and local mobility, creating 1,000 direct and 3,000 indirect jobs.
• Neste Advances Renewable Hydrogen Project in Porvoo

  3 May 2023

  Biobased & CircularRefineryIndustrial gasses

  

  The project moves to basic engineering, with production potentially starting in 2026. It aims to replace fossil-based hydrogen and generate renewable heat for district heating.
• Fortum Opens Europe's Largest Battery Recycling Facility in Finland

  27 April 2023

  SpecialtiesBiobased & CircularEnergy

  

  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.
• Neste Advances Liquefied Waste Plastic Processing at Porvoo Refinery

  31 March 2023

  Biobased & CircularPolymers

  

  The second series of runs processed 3,000 tons of waste plastic, advancing chemical recycling. Future plans include scaling to 400,000 tons annually, aiming for 1 million tons by 2030.
• Stora Enso and Kolon Partner on Bio-Based Materials

  21 March 2023

  Biobased & CircularPolymers

  

  They signed a Joint Development Agreement to create and commercialize bio-based polyesters and renewable binder resins for packaging, car tires, electronics, and more, leveraging their combined expertise.
• CABB Invests in Sustainable Expansion at Kokkola Site

  12 January 2023

  Base chemistry

  

  Investing over EUR 50 million by 2025, the Kokkola site expands with new reactors, a packaging plant, and a CO2-neutral office. Efforts include reducing CO2 emissions by 6,000 tons annually.
• Blastr Green Steel Plans €4 Billion Green Steel Plant in Finland

  3 January 2023

  Base chemistry

  

  The plant will integrate hydrogen production, create 1,200 jobs, and start by 2026. It aims to cut CO₂ emissions by 95%, producing 2.5 million tons of green steel annually, supporting EU climate goals.
• EU Commission Approves €5.2 Billion for Hydrogen Project "IPCEI Hy2Use"

  21 September 2022

  Biobased & CircularEnergyIndustrial gasses

  

  The project supports hydrogen infrastructure and technology, involving 35 projects across 13 Member States, with completion by 2036. It aims to boost renewable hydrogen supply and reduce natural gas dependency.
• Neste Secures EU Funding for Chemical Recycling in Porvoo

  13 July 2022

  Biobased & CircularPolymers

  

  The project aims to pretreat and upgrade 400,000 tons of waste plastic annually, targeting over 1 million tons by 2030, enhancing chemical recycling and reducing reliance on virgin fossil resources.
• Lamor and Resiclo to Build Chemical Recycling Plant in Finland

  22 June 2022

  

  The plant in Porvoo will recycle 10,000 tons of plastic annually, aiming for 40,000 tons by 2026. Construction starts in 2022, with operations in 2023. Total investment is EUR 12 million.
• VTT and Neste to Build Power-to-Liquids Demonstration Facility in Espoo

  22 June 2022

  Biobased & CircularEnergyIndustrial gasses

  

  The facility will integrate CO2 capture, green hydrogen, and e-fuels production, aiming for commercial-scale sustainable fuel solutions. Pilot runs are expected to complete in 2023.
• Emerson and Neste to Optimize Fintoil Biorefinery Operations in Finland

  21 June 2022

  Base chemistryBiobased & CircularEnergy

  

  The biorefinery will use advanced automation to produce sustainable biofuels and chemicals, reducing emissions and energy use. Completion is expected in 2022 with significant CO2 reduction.
• Jervois Boosts Cobalt Refining in Finland

  16 May 2022

  Specialties

  

  Jervois is starting a Bankable Feasibility Study to double cobalt refining capacity in Kokkola, Finland, to meet global demand and enhance recycling efforts.
• Keliber Receives Permit for Lithium Plant in Kokkola

  28 April 2022

  Base chemistrySpecialties

  

  The plant will convert spodumene concentrate to battery-grade lithium hydroxide for EV batteries. Construction starts this summer, with production set for 2024.
• Veolia to Produce CO2-Neutral Biofuel at Metsä Fibre’s Finland Plant

  6 April 2022

  Biobased & CircularEnergy

  

  The project will produce 12,000 tons of CO2-neutral biomethanol annually, reducing 30,000 tons of CO2 emissions, and is replicable at most pulp mills, enhancing EU biofuel feedstock and energy security.
• Neste and EU Sign Grant Agreement for Clean Hydrogen Project in Porvoo

  4 April 2022

  Biobased & CircularRefineryIndustrial gasses

  

  The SHARC project aims to cut over 4 million tons of CO2 emissions in 10 years, supporting EU and Finland's climate goals. It focuses on electrolysis, CCS, and future electric fuel production.
• EU Innovation Fund Awards Climate Action Projects

  10 March 2022

  

  The EU Innovation Fund selected 7 projects for EUR 1.1 billion in grants to advance technologies in energy-intensive industries, hydrogen, renewable energy, and carbon capture.