Finland-headed oil refiner and developer of non-food, waste- and residue-based ethanol production St1 Oy has announced via its Swedish subsidiary St1 Sverige AB that it has contracted Denmark-headed catalysis process developers Haldor Topsoe A/S to develop a design package and license agreement for a renewable diesel production unit to be integrated with the St1-refinery in Gothenburg, Sweden.
According to a statement, construction of the plant will be subject to a final investment decision after completion of necessary construction and environmental permitting during Spring 2018. In July this year, St1 announced an EUR 40 million investment in a hydrogen unit at the refinery. This represents the first step in renewable diesel production and the target is to reach an annual capacity of 200 000 tonnes of product.
The Nordic countries where St1 operates have the world’s most ambitious target for renewable fuels. It is therefore logical that we invest in renewable diesel production at our refinery. However, the forthcoming EU legislation, especially with regard to feedstock contributes to political uncertainty which makes an investment decision very difficult. Therefore, a flexible raw material base is the only possible option for us in our planning. The goal is to deliver sustainable, high-quality transportation fuels for today’s fleets and tomorrows, said Hilde Wahl, CEO of St1 Svergie.