Finnish chemical industry news (page 2)

• 21 March 2023

  Stora Enso and Kolon Partner on Bio-Based Materials

  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.
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  12 January 2023

  CABB Invests in Sustainable Expansion at Kokkola Site

  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.
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  3 January 2023

  Blastr Green Steel Plans €4 Billion Green Steel Plant in Finland

  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.
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  21 September 2022

  EU Commission Approves €5.2 Billion for Hydrogen Project "IPCEI Hy2Use"

  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.
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  13 July 2022

  Neste Secures EU Funding for Chemical Recycling in Porvoo

  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.
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  22 June 2022

  Lamor and Resiclo to Build Chemical Recycling Plant in Finland

  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.

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  16 May 2022

  Jervois Boosts Cobalt Refining in Finland

  Jervois is starting a Bankable Feasibility Study to double cobalt refining capacity in Kokkola, Finland, to meet global demand and enhance recycling efforts.
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  28 April 2022

  Keliber Receives Permit for Lithium Plant in Kokkola

  The plant will convert spodumene concentrate to battery-grade lithium hydroxide for EV batteries. Construction starts this summer, with production set for 2024.
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  6 April 2022

  Veolia to Produce CO2-Neutral Biofuel at Metsä Fibre’s Finland Plant

  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.
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  4 April 2022

  Neste and EU Sign Grant Agreement for Clean Hydrogen Project in Porvoo

  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.
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  10 March 2022

  EU Innovation Fund Awards Climate Action Projects

  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.
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  7 November 2021

  Neste Secures EU Funding for Green Hydrogen Project at Porvoo Refinery

  The EU Innovation Fund grants €88M for a green hydrogen and CO2 capture project in Finland, aiming to cut over 4M tons of CO2 emissions in 10 years and support carbon neutral production by 2035.
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  1 September 2021

  Yara Acquires Ecolan to Expand Organic Fertilizer Business

  Yara's acquisition of Ecolan enhances its role in organic farming and the circular economy, leveraging expertise to improve nutrient use efficiency and expand market reach beyond Finland.
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  28 June 2021

  Terrafame Begins Production at New Battery Chemicals Plant

  The new plant, a EUR 240 million investment, boasts high production capacity and low carbon footprint, supporting Finland's economy and the growing demand for electric vehicle battery minerals.
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  27 June 2021

  Fortum Invests in Harjavalta Plant to Boost Battery Recycling Capacity

  The new Harjavalta plant will enhance recycling of lithium-ion batteries, recovering critical metals and supporting sustainable battery production, creating 30 jobs and reducing carbon footprint.
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  3 June 2021

  Neste Advances Innovation and Sustainability at Porvoo Refinery

  Neste is developing renewable hydrogen, CO2 utilization, and advanced biofuels at Porvoo refinery, aiming to reduce greenhouse gas emissions and support EU climate targets.
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  30 April 2021

  Hexion Sells Phenolic Resins and Hexamine Businesses; Bakelite Brand Returns to Europe

  The $425M sale includes 11 global sites and 900 employees. Bakelite Synthetics focuses on sustainable products, enhancing fire resistance, electric vehicles, and plant production.
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  31 March 2021

  Neste Prepares for Major Turnaround at Porvoo Refinery

  The Porvoo refinery's 12-week turnaround starts April 5, 2021, with EUR 330 million in investments. Safety measures for COVID-19 are in place. Product deliveries remain unaffected.
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  23 February 2021

  Borealis Invests EUR 17.6 Million to Reduce Emissions and Energy Use in Finland

  The investment in a Regenerative Thermal Oxidizer will cut CO2 emissions, reduce flaring by 6,000 tons/year, and save 60 GWh of energy annually at the Porvoo plant, with completion by 2023.
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  11 February 2021

  Metsä Group to Build Bioproduct Mill in Finland

  The €1.6B investment will create 1,500 jobs, boost exports by €0.5B annually, and enhance sustainability. The mill will produce 1.5M tonnes of pulp and 2.0 TWh of renewable electricity per year.
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  28 January 2021

  UPM Advances Biofuels Growth Plans

  The basic engineering phase for a new biorefinery begins, aiming for 500,000 tonnes of renewable fuels annually, reducing CO2 emissions and using sustainable feedstocks.
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  21 December 2020

  Neste Completes First Industrial-Scale Run with Liquefied Waste Plastic

  400 tons of liquefied plastic waste were processed into recycled feedstock. Preparations for future runs are underway, aiming to process 1 million tons annually by 2030.
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  12 November 2020

  Keliber and Kokkolan Energia Sign 30-Year Lease for Chemical Plant Site

  The 12.5-hectare site in Kokkola Industrial Park will support circular economy, safety, and transport needs, with potential to utilize waste heat, enhancing local development.
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  1 October 2020

  Fintoil Bio Refinery Construction in HaminaKotka

  The refinery, starting in summer 2022, will produce renewable fuels and products using fractional distillation. It features advanced, energy-efficient technology and has strong logistics and transport links.
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  28 September 2020

  Investindustrial and Black Diamond Acquire Hexion PSR

  The $425M deal includes $335M in cash. Hexion PSR, a top phenolic resins producer in Europe, operates 11 facilities. The transaction is set to close in Q1 2021.
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  28 August 2020

  Boliden Harjavalta Nickel Expansion

  EUR 40m investment to boost nickel feed capacity from 310 to 370 ktonnes/year, enhancing productivity, competitiveness, and reducing CO2 intensity by 15-20%, aligned with maintenance needs.
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  15 June 2020

  BASF Advances Battery Materials Plants in Europe

  Construction of battery materials plants in Finland and Germany is on track for a 2022 start-up, aiming to supply materials for 400,000 electric vehicles annually while reducing CO2 footprint by 30%.
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  25 October 2018

  Terrafame to Build Battery Chemicals Plant in Finland

  The plant will produce EV battery chemicals, enhancing profitability and skill development. Investment costs EUR 240M, with funding from Finnish Minerals Group, Galena, Trafigura, and Sampo.