- The €35M investment includes a hydrogen plant to be completed by spring 2014.
- The project created around 15 new jobs and 200 person-years of work.
- The plant uses advanced technology for efficient cooling and energy consumption.
- The facility was operational 14 months and 10 days after the acquisition agreement.
Investment and Production
The largest investment in Woikoski’s 132-year history, amounting to €35 million, has led to the opening of a new air gas production facility at Kokkola Industrial Park. The plant will produce gas and liquid oxygen, nitrogen, and argon for industrial and healthcare sectors. This investment also includes the construction of a hydrogen plant, set to be completed by spring 2014.
Job Creation and Economic Impact
The investment will create around 15 new jobs and generate approximately 200 person-years of work. Notably, these investments were made with bank funding and without any state support or aid.
Technological Advancements
The new air gas plant incorporates the latest technology, focusing on efficient cooling techniques, energy consumption, process measurement, and high-quality finished products. This will significantly increase Woikoski’s production capacity and enhance value for both existing and new clients through state-of-the-art transport solutions.
Rapid Construction
Construction of the facility was completed swiftly, with the plant becoming operational just 14 months and 10 days after the acquisition agreement was signed. This rapid progress was facilitated by excellent collaboration with main suppliers and subcontractors, the high-quality infrastructure at Kokkola Industrial Park, and the supportive business environment provided by the City of Kokkola.
