Chempolis together with Numaligarh Refinery Limited (NRL), an Indian state-owned oil refinery company and Fortum 3 BV, 100% subsidiary of Fortum Oyj, Finland established a joint venture Assam Bio Refinery Private Limited in 2018 for building and operating a bio-refinery in Assam, India. The ceremony of the foundation stone laying on 9th Feb 2019 was honoured by Prime Minister Shri Narendra Modi with the representatives of the companies and the Directors of the joint venture. “I am very happy that the project has been moving on and construction procedures can be now started”, says Dr. Juha Anttila, Vice President, responsible for the engineering of the bio-refinery at Chempolis. The construction of the bio-refinery is expected to be completed by June 2021.
Biorefinery is based on formicobio™ technology developed by Chempolis and it will be the first bio-refinery in the world producing cellulosic ethanol and bio based chemicals from bamboo, while producing green power as by-product for local use. Bio-ethanol will be blended to petrol by NRL in order to reduce carbon footprint of its fuels and to reduce the dependence on imported crude. The project will also have very positive social impact in North East Region in India.
For further information, please contact:
Juha Anttila, CTO, Chempolis, Tel. +358 50364 2005
Tomi Honkala, CEO, Chempolis, Tel. +358 40591 9504
Chempolis
Chempolis is a Finnish bio-refining technology company specialised in providing innovative and sustainable carbon-neutral bio-refining technologies for the biomass, energy, oil, paper, alcohol, sugar and chemical industries. Chempolis delivers technologies capable of refining biomass economically into high-quality products while minimizing environmental impacts and maximizing social benefits.
Numaligarh Refinery Limited
Numaligarh Refinery Limited is a joint venture of Assam Government and Bharat Petroleum Corporation Limited, Oil India Limited, established in 1993 and commenced commercial production in 2000. NRL has strong base in North East India.
Fortum
Fortum is a leading clean-energy company that provides its customers with electricity, heating and cooling as well as smart solutions to improve resource efficiency. Fortum wants to engage their customers and society to join the change for a cleaner world. Fortum’s share is listed on Nasdaq Helsinki.