Formic acid news

The project will cut 100,000 tons of CO2 annually, using renewable energy for steam production, with completion set for mid-2027.

The heat pump will cut emissions by 100,000 tons annually, using waste heat and renewable energy, with commissioning set for 2027. The project receives up to €310 million in government funding.

The Oulu plant expansion increases formic acid production by 30%, adds tank capacity, and enhances technology and energy efficiency, strengthening market position.