Fintoil, Partly Owned by Taaleri, Invests More than EUR 100 Million in a Biorefinery in Hamina – Advanced BioFuels USA
(Taaleri/Globe Newswire) Fintoil Ltd will build a crude tall oil refinery in Hamina. Fintoil and Port of HaminaKotka have today signed a lease agreement on a site located in the Hamina oil port area. Neste Engineering Solutions Ltd has been commissioned for engineering and delivery of the biorefinery. Construction of the biorefinery will begin as soon as the company has secured the environmental and building permits, estimated earliest at the end of 2020. Crude tall oil (CTO) is a by-product of softwood pulp production. The carbon footprint of CTO derivatives is up to 90% lower than that of ...