News 2009 › 2009-06-12
New renewable diesel initiative moves ahead
Neste Oil and Stora Enso have inaugurated a cutting-edge demonstration plant for biomass to liquids (BtL) production utilising forestry residues.
“Being able to use a wide range of raw materials is very important in producing renewable fuels,” according to Matti Lievonen, Neste Oil’s President & CEO, speaking at the inauguration.
“The volumes of fuels we use in Europe are very large … and this means that if we want to replace a significant proportion of current fuels with renewable ones, we will need all the raw material options we can develop – from harvesting waste through vegetable oil and animal fat to algae and other materials. There is plenty of room for all of these and more.”
Biomass-based renewable fuels represent a significant future business opportunity for Stora Enso, according to the company’s CEO, Jouko Karvinen.
“This will require further development work and competitive forest industry mills to host the future commercial units.”