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STEP to supply energy and consumables to BASF Battery Materials Finland

In Finland, energy utility Suomen Teollisuuden Energiapalvelut - STEP Oy, a joint venture between municipal energy utility Pori Energia Oy and Veolia Nordic Ab has announced that it and BASF Battery Materials Finland Oy (BASF) have agreed on a long-term supply of industrial consumables to BASF's battery material plant to be built in Harjavalta.

Suomen Teollisuuden Energiapalvelut – STEP Oy and BASF Battery Materials Finland Oy (BASF) have agreed on a long-term supply of industrial consumables to BASF’s battery material plant to be built in Harjavalta, Finland (photo courtesy STEP).

According to a statement, the project will invest in new steam, compressed air, and water plant as well as significant pipeline infrastructure. STEP is responsible for the implementation and financing of the project.

The project will make use of existing facilities and STEP staff will operate new facilities to be built for BASF. In addition, waste heat generated within the Harjavalta Industrial Park is available in the local energy network reducing the need for fossil fuels.

The shift towards e-mobility offers significant emission reduction potential. STEP is honored to be part of this development. The investment implemented with STEP’s partnership model supports the development of the battery cluster in Finland. The investment now implements the company’s long-term partnership strategy. Optimizing customer fixed asset costs is one of our key goals, along with industry usability requirements. The functionality and excellence of our partnership model have been proven in our recently implemented energy projects, said Tomi Ihalainen, CEO, STEP.

STEP’s expertise and know-how in industrial consumables secure and enable it to focus on core processes at BASF’s planned battery plant. The investment, the value of which has not been disclosed, is “significant” and the largest in STEP’s history.

Construction work will begin in June 2020, and the plant will be commissioned in the fourth quarter of 2021.

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