UPDATED: Finland Provides Money to Build Cellulosic Ethanol Plant

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December 19, 2014

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by Holly Jessen (Ethanol Producer Magazine) The government of Finland announced Dec.17 that it granted $36.8 million (€30 million) to help build a cellulosic ethanol plant. A separate project to produce biogasoline, biodiesel and smaller amounts of other renewable products was granted about €3.3 million.
The cellulosic ethanol plant is expected to use about 72,000 tons of straw to produce more than 90 MMly (23.7 MMgy). The ethanol plant would be built in an old factory, according to a goverment press release translated by Google translate.
A press release from a local economic development group said the site was previously a Myllykoski paper mill.
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Poet-DSM Advanced Biofuels LLC sent out a Dec. 18 press release, commending Suomen Bioetanoli Oy and the government of Finland for moving forward with developing a cellulosic ethanol industry in Europe. The joint venture companies are in discussions with Suomen Bioetanoli Oy on how it could utilize process, yeast and enzyme technology from Poet LLC and DSM.
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In addition, a board of directors has been established to promote the production of advanced biofuels in Finland. A separate budget of €82.5 million has been set aside to allow the board to grant biorefineries investment support. “The aim is to increase domestic biofuel production instead of importation and commercialization of second-generation biofuels connected with the production of new technology,” said Minister of Economic Affairs Jan Vapaavuori. READ MORE and MORE (POET/DSM)

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