Biofuel joint venture with Neste Oil 

Wood residuals have potential as a feedstock for transportation fuels. To explore this, Stora Enso is working with Finnish oil company Neste Oil to jointly develop technology to produce next generation renewable fuel made from wood residues.

The joint venture, NSE Biofuels Oy, offers the potential to create revenue from Stora Enso’s knowledge of wood sourcing, handling and integrated processing.

The cooperation started in March 2007 when a decision was made to build a demonstration plant, integrated into the energy infrastructure of Stora Enso’s Varkaus Mill.

The plant will provide test data and operating experience. In addition, it also reduces greenhouse gas emissions as wood-based gas from the plant replaces oil in the pulp mill’s lime kiln, making the Varkaus integrate virtually fossil fuel free. Following trials, the joint venture will assess the viability of building a commercial production plant at one of Stora Enso’s mills.

In the joint venture, Stora Enso will be responsible for supplying the forestry residues and utilising the heat generated at its pulp and paper mill. Neste Oil will be responsible for final refining and marketing of the biofuels produced.

 Watch a video about the cooperation (4:40) in English

 Watch a video about the cooperation (4:40) in Finnish

More information:

11 June 09	Stora Enso and Neste Oil inaugurate biofuels demonstration facility at Varkaus in Finland	Press release	CEO Jouko Karvinen's speech English, Finnish
16 Mar 07	Stora Enso and Neste Oil to join forces in biofuel development	Press release	Slides