Finland: Renewables Production Neste Wins Technology and Engineering Contract for Fintoil's New Biorefinery
Neste Engineering Solutions’ Nexpinustm technology has been selected by Fintoil for its new CTO fractionation unit in Finland. The company has also been made the engineering partner for the plant which is expected to start-up by 2022.
Finland – Neste Engineering Solutions Oy and Fintoil Oy, refiner of Crude Tall Oil (CTO), have entered into a Nexpinustm technology licensing agreement for a new Greenfield CTO fractionation plant to be built in Hamina, Finland. Neste Engineering Solutions is also commissioned for engineering and delivery of the plant, which is scheduled to start-up during 2022.
“We are very excited to be the selected technology provider and engineering partner for Fintoil's investment project in renewables production. This is in line with our strategy and vision to develop and implement next generation technologies that will combat climate change and help create a healthier planet for our children. We are very proud to provide the leading CTO fractionation technology Nexpinustm together with our engineering and project management services for this inspiring project”, says Patrick von Essen, Managing Director of Neste Engineering Solutions.
Technology for High-Quality Tall Oil Products
A high-efficient tall oil fractionation plant, based on Neste Engineering Solutions’ Nexpinustm technology, will enable Fintoil to produce variable tall oil fractionation products, thereby responding to the increasing demand for refined feedstock for renewable fuels and other high-quality renewable products. Neste Engineering Solutions' proprietary Nexpinustm technology can be tailored to handle a wide range of CTO feedstock and is developed to produce high-quality tall oil products at maximised yields and low energy consumption.
“This investment will be a huge opportunity to ramp up in the area of renewables production and will take us one step closer to a more sustainable future. We at Fintoil have put our hearts into this project and are convinced that Neste Engineering Solutions is the right partner to implement this state-of-the-art technology in production. We are pleased to work with Neste Engineering Solutions and trust their in-depth process knowledge and project experience to complete this project successfully", says Hannu Näsi, founding partner of Fintoil Oy.