Nordic oil refiner and renewable energy provider St1 has awarded ÅF Pöyry with an engineering assignment for the new renewable fuel production unit to be built at ST1's oil refinery in Gothenburg, Sweden. The investment is estimated to approximately SEK 1.5 billion and is the largest in St1's history. ÅF Pöyry’s services include all engineering disciplines, procurement, and scheduling services. The project consists of new units and revamps of existing units.
The energy company St1’s vision is to be the leading producer and seller of carbon dioxide (CO₂)-aware energy. To achieve this vision, the company strives to develop and commercialize functional and environmentally sustainable solutions to replace fossil energy with renewable energy.
We are proud to be a part of St1’s work to produce renewable fuel to reduce CO2. We are confident that as a selected partner we will fulfill St1’s needs through our services and technical solutions, said Mikael Fränckel, Business Area Manager Process Industries Sweden at ÅF Pöyry.
The St1 Refinery in Gothenburg, Sweden, which is one of the most energy-efficient in the world, plays a key role in realizing this vision and fulfilling long-term advanced renewable fuels strategy.
Our target is to be a part of our customers’ success by creating sustainable solutions for the future. We look forward to cooperating with St1 in this project and making future for future generations together, said Jörgen Katz, Business Unit Manager Process Industries at ÅF Pöyry.
On September 18, 2019, St1 announced that it would go ahead with plans to construct a hydrogenated vegetable oil (HVO) manufacturing unit with the goal of starting the production of renewable diesel at the refinery. The new plant will have a capacity to produce 200 000 tonnes per year of renewable fuel in the form of HVO, a renewable transport fuel that can be blended with or replace conventional fossil diesel. The goal for production start is at the beginning of 2022.
The objective of our renewable fuels strategy is to meet the ambitious 2030 climate targets in our home markets of Finland, Sweden and Norway. A key area for us is significantly reducing the CO2 emissions of transportation fuels from own production. We have chosen ÅF Pöyry as an engineering partner to be able to carry out the project according to the desired standard and on time, said Bo-Erik Svensson, Managing Director of St1 Refinery.