St1 preparing to deliver first Cellunolix® ethanol plant using forest industry residues

In Finland, St1 is preparing to deliver the first Cellunolix® ethanol plant using forest industry residues as feedstock to North European Bio Tech. The project is under construction in Kajaani and is expected to come online before the end of 2016. Recently a letter of intent was signed for a similar facility in in Follum, Norway. In its H1 2016 financial reporting, the company said net sales were up by a half million euros over the same period in 2015.