New bioethanol plant mused by St1

Finland-based energy company St1 is planning to construct a new bioethanol facility in Kajaani.

Company executives aim to make an investment decision bout the project this year, which would enable production to begin in 2015. The plant would use sawdust from the local sawmill industry as feedstock.

St1 is keen on second generation biofuels and is aiming to hit an ethanol production target of 300 million litres in the next decade via a network of facilities.

It currently has seven bioethanol plants in Finland, plus a refinery in Sweden and over 1,000 petrol stations dotted around both countries and Norway in conjunction with Shell.