UPM’s growth plans in biofuels progress to the next stage
UPM moves forward with biofuels growth plans and starts the basic engineering phase of a next generation biorefinery. The potential biorefinery would have an annual capacity of 500,000 tonnes of high-quality renewable fuels including sustainable jet fuel. The products would significantly reduce carbon footprint in the road transport and aviation, as well as replace fossil raw materials with renewable alternatives in chemicals and bioplastics.
“The planned biorefinery would scale up UPM’s successful biofuels business to a new level. At the same time, it would further improve long term competitiveness and sustainability performance of UPM Biofuels by introducing several sustainable feedstocks and achieving uniquely high CO2 emission reduction compared to biofuels currently in the market,” says Jyrki Ovaska, Chief Technology Officer of UPM.
UPM’s solid wood biomass-based residues and side streams would play a substantial role in the feedstock pool. In addition, it would consist of sustainable liquid waste and residue raw materials. “UPM has an excellent position and expertise acquired over the decades in biomass sourcing both in Finland and Central Europe thanks to our large-scale operations in the pulp, paper, timber and plywood businesses. We are also developing and testing innovative carbon farming concepts.”
UPM will now proceed with a detailed commercial and basic engineering study to define the business case, select the most innovative technology option and estimate the investment need. The technology concept includes the use of green hydrogen in the production process. During the study UPM will also review the operating environment primarily in two locations: Kotka, Finland and Rotterdam, the Netherlands.
The estimated duration of this basic engineering phase is minimum 12 months. If all preparations are concluded successfully, UPM would initiate the company’s standard procedure of analyzing and preparing an investment decision.
“The UPM Lappeenranta Biorefinery, with annual capacity of 130,000 tonnes, has been a showcase of creating a successful new business beyond fossils. Years of investment in R&D and innovation have paid off. This gives us confidence to plan scaling up this exciting business”, says Ovaska.
Categories
Countries
Companies
Latest news
Exolum to Drive Transition Towards Sustainable Fuels at Düsseldorf Airport with €70 Million Investment
The company will build and operate for 20 years a new storage and distribution plant at Düsseldorf Airport, Germany’s fourth largest, connected to the railway network to reduce road transport and C...
Green Light for LyondellBasell Pyrolysis Plant in Wesseling
LyondellBasell's plans for a new pyrolysis plant in Wesseling, Germany, are moving forward after the company received its first partial permit for construction.
Ercros reduces its CO2 emissions by 38% in 4 years
Chemmed Cluster Tarragona →Ercros reduced by 38% its greenhouse gas (GHG) emissions, direct and indirect from energy consumption, and by 9% its total emissions index.These improvements are the result, among others, of the ac...
Lyten to Acquire All Remaining Northvolt Assets in Sweden and Germany
Lyten, the global leader in lithium-sulfur batteries, announced today that it has entered into a binding agreement to acquire Northvolt’s remaining assets in Sweden and Germany.