Fortum launches a project to refine agro residues and woody biomass into high-value products

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Type of post: FLASH NEWS.

- Fortum has just announced the launching of a development project that aims to manufacture high-value products from agricultural residues (for instance, straw) and woody biomass unsuitable for human food consumption. Fortum together with technology partners will conduct research to create an industrial ecosystem in which biomass is refined in biovillages through collaboration between companies.
- The two-year project has received 14.4 M€ in funding from Business Finland. It is part of its Bio and Circular Finland Program, focused on making Finland the forerunner of the circular economy.
Press release: “Fortum aims for global bioproduct markets by refining agro and woody biomass”, 3/1/2019.
Related posts:
- “Fortum considering to invest in a pilot biorefinery based on Chempolis technology”, 24/10/2016.
- “Chempolis, Fortum and NRL seal a deal for the building of a cellulosic ethanol biorefinery in India”, 5/5/2018.
Note: In October 2016, Fortum invested in Chempolis, a company specialized in biorefining technologies for different industries.

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