St1 invests EUR 200m in new biorefinery for renewable diesel and jet fuel
Finland-headed oil refiner and renewable energy producer St1 Oy has announced that it will go ahead and invest around EUR 200 million in a new biorefinery at its oil refinery in Gothenburg in Sweden. The design allows flexibility to process a wide range of feedstocks meeting current and future specifications for renewable fuels to be produced such as HVO diesel, jet fuel, and naphtha. The new biorefinery is expected to start production in 2022.
St1 has already made a series of investments over the last two years at its Gothenburg refinery, targeting annual production of 200 000 tonnes of renewable fuels. The entire investment includes a hydrogen production plant, a production plant for renewable fuels and dedicated tank farm.
In addition, new infrastructure and required utility facilities will be installed to enable feedstock imports as well as production and distribution of renewable fuels.
St1 is a Nordic energy company with a clear vision to be the leading producer and seller of CO2-aware energy. This means continuous developing and strengthening our own production of renewable energy to reduce fossil CO2 emissions in various sectors and the new biorefinery will be a significant addition in the area of transportation fuels. We wish to introduce more and more sustainable choices for our customers, said Bo-Erik Svensson, Managing Director of St1 Refinery.
St1 has a strong experience in producing advanced fuel ethanol from various waste streams. One of the company’s ethanol production biorefinery units is integrated into the St1 refinery in Gothenburg. St1 is piloting the production of advanced fuel ethanol from cassava starch mill waste in Thailand.
The company is also developing new ethanol production technologies with a strong focus on lignocellulosic feedstocks. The first Cellunolix demonstration biorefinery to manufacture ethanol from sawdust is located in Kajaani in Finland.