China CAMCE will build the biorefinery of Boreal Bioref in Finland
Boreal
Bioref Oy and China CAMC Engineering
Co., Ltd. (CAMCE) signed a mutually binding EPC contract on 5th
April. In accordance with the Contract Agreement, CAMCE will build a biorefinery
in Finland, providing services of design, supply, civil construction, installation,
commissioning and personnel training, among others. The contract price amounts
to 800 M€ with a project duration of 30 months. Furthermore, Boreal Bioref and
CAMCE have agreed that the first one shall become a shareholder in the second
one. The investment related agreement has also been signed by Silvi Industries
AB, which is CAMCE’s partner company. Finally, a third agreement has been
signed by CAMCE, Boreal Bioref and the China Development Bank (CDB). This
agreement sets out the targets of the parties with respect to the financing of
the investment and its associated arrangements. The signings coincided with the
Chinese presidential visit to Finland.
Figure 1. One of the signing ceremonies between
Boreal Bioref and CAMCE (extracted from the press release of Boreal Bioref)
Let us know more about the technical details of
Boreal Bioref project.
Biorefinery
model
|
Forest biorefinery
|
Location
|
Kemijärvi (Lapland, Finland).
It is a
suitable location for several reasons:
- Pre-existing
industrial infrastructure.
- Guaranteed
water supply.
- Abundance
of feedstock.
- Availability
of competent workforce and partners.
|
Processing
capacity and raw materials
|
2.3 million m3/year of thinning
wood and wood chips.
Only 4
million m3 of the annual growth of Lapland's forests (13 million m3/year)
are utilised. Sawmills and glulam plants located in the same industrial area generate
by-products suitable for use as raw material in the biorefinery to the amount
of over 400,000 m3 per year.
|
Production
capacity and products
|
400,000 tons of biomaterials and biochemicals
per year.
It will
manufacture both basic established products that are in high demand as well
as more innovative and higher margin specialist products:
- Dissolving
pulp
- Long
fibre market pulp
- Microcrystalline
cellulose (MCC)
- C5 and
C6 sugars
- Pine
oil and turpentine
- Bioenergy
- Soil
improvement substances
|
Timetable
|
Investment
decision: 2017.
Construction:
2018–2019.
Start-up:
early 2020.
|
Employment
|
Construction
phase: around 2,700 jobs.
Operation
of the biorefinery: 200 people.
Total impact
on the employment in Kemijärvi and Eastern Lapland (direct and indirect): over
1,000 jobs.
|
