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Norwegian companies partner with Equinor on renewable biofuel project

22/04/2024, 06:36
Norwegian companies partner with Equinor on renewable biofuel project
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Hilde Wexels Riser Hilde Wexels Riser
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If the decision is made to proceed, the future production facility in Åmli plans to convert forestry and wood industry feedstock into sustainable, advanced biofuels. The study will determine if such a value chain is technically and commercially viable.

The study will largely build on Biozin’s previous logistics and infrastructure work, aiming to utilize local feedstock and the developed industrial site at Jordøya in Åmli.

“At Biozin, we’re very pleased that Equinor will conduct this study with us. Equinor will contribute vital capacity and expertise to clarify potential further investment in an industrial project in Åmli,” said Thomas Skadal, CEO of Biozin Holding AS.

Bergene Holm CEO Erland Løkken added, “We continuously work to create value from sawmill side streams and enable sustainable, local processing of forest raw materials from our regions. Now Biozin enters a new phase with Equinor to study the technical and commercial possibilities of establishing a project.”

Biozin Holding AS is a wholly-owned Bergene Holm subsidiary established to produce renewable fuels from Norwegian sawmill and forestry residues. Bergene Holm is Norway’s second-largest sawmilling company.

Equinor, a broad energy company committed to long-term value creation in a low-carbon future, aims to transform natural resources into energy for people and progress for society through its oil, gas, renewable and low-carbon solutions.

The translation was written by an AI system, though the original text was authored by a human.

#Åmli #equinor