Rapid investment repayment, with start-up already in 2021

The total value of the biorefinery investment is EUR 950 million, with a repayment period of less than ten years. According to current the timetable, the investment decision is set to be made by the beginning of 2019, and the refinery is intended to be constructed during 2019–20. The refinery is envisaged to start operations in early 2021.

Prior to construction, the following will need to have been completed during 2018:

Pre-existing infrastructure, functional logistics

The groundwork for the refinery is solid:

Competitive know-how guarantees success

In 2012, the combined turnover of Finnish cleantech companies grew 15%, while globally, the industry grew less than 10%. Finland's share of the GDP of the entire world is around 0.4%, but its share of the cleantech market is over 1%. In a comparison by the Eco Innovation Observatory, Finland is the best eco innovation country of the EU member states.

Wood supply is plentiful and close by

For this reason, the production is reliable and cost-effective.

A demand-centric production strategy

The bio-refinery produces both a flexible and steady flow of basic pulp products in high demand and an attractive arrange of innovative special products.

The single-line bio-refinery produces three different kinds of cellulose: bleach kraft softwood pulp, dissolving pulp and microcrystalline cellulose (MCC). Their individual production processs can be flexibly adjusted in line with prevailing product demand, thus enabling the bio-refinery to maximise production yields.

Alignment with the government’s long-term growth priorities

The government has selected bio-economy as a key foundation for Finland's long-term success by 2025. In line with this strategy, the Finnish state is supportive of the bio-refinery project in Kemijärvi.

An ethical investment

Investing in the bio-refinery will promote the sustainable development and use of new technologies.

Kemijärvi has everything needed

Kemijärvi is a suitable location for a bio-refinery for several reasons:

• Pre-existing infrastructure, functional logistics. There are industrial activities in the area, and the site is to be designated for a production plant in the local plan. The facilities will also benefit from an on-site timber terminal and an electrified railway line.

• Gauranteed water supply. The longest river in Finland, Kemijoki, flows past the refinery.

• Wood supply is plentiful and close by. Only four million cubic metres of the annual growth of Lapland's forests (13 million m3/year) are utilised. The bio-refinery needs 2.8 million m3/year. In total, the sawmill and glulam plant located in the same industrial area and other sawmills produce by-products suitable for use as raw material in the biorefinery to the amount of over 500,000 m3 per year.

• Availability of competence and partners. Kemijärvi has a strong industrial tradition. Thanks to the former pulp mill and a vigorous wood refining industry, a competent workforce is available, and there is a pre-existing network of companies in the area, for example in wood sourcing.

Are you interested in becoming involved in building the future? Contact us:

CEO Heikki Nivala, Boreal Bioref Oy, tel. +358 40 542 5353, heikki.nivala@borealbioref.fi

Realisation of the Government program

Implementation of all of the Government's program core bio-economy and clean-tech priorities.

The bio-refinery is aligned with Finland's national strategy, as it supports all of the core projects in the Government's program focus areas within the bio-economy and clean-tech.

The vitality and self-sufficiency of Lapland and north-eastern Finland are strengthened, thanks to the ways the bio-refinery can Enhance local skills, the management of forestry resources and regional infrastructure.

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Benefits to forests, people and business

Maintains and improves the quality of the forests while increasing their use. Brings jobs and vitality to the region. Shows the way to success for all of Finland.

  • Annual growth in Lapland 13 million m3 excl. protected areas
  • Half of the growth is in the less than 15 cm diameter categories
  • In recent years, market felling has amounted to less than 4 million m3
  • The situation is the same in both Lapland and Koillismaa
  • The biorefinery uses 2.8 million cubic metres of wood annually, part of which is sourced as wood chips from other production plants.

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A profitable investment

Rapid yield, with start-up already in 2021

Pre-existing infrastructure, functional logistics ready, wood supply is plentiful and close by. State and locals support. Products whose demand is growing worldwide.

The total value of the biorefinery investment is EUR 950 million, with a repayment period of less than ten years. According to the plan, the investment decision will be made in beginning of 2019, and the refinery will be built during 2019–20. The refinery will start operations in 2021.

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Locals reap the benefits

The biorefinery sources its raw materials from the vicinity and employs local people and companies.

The refinery brings money to Kemijärvi, safeguarding the welfare of the people and the level of the services. The locals are thus able to reap the benefits. Employment improves in Lapland, Kemijärvi and neighboring areas. After the construction phase has ended, work is available in, for example, raw material deliveries from the forest to the refinery, services, commerce, and infrastructure maintenance.

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