Södra and Statkraft team on biofuel production at former Norwegian pulp mill

In Norway, Södra and Statkraft have signed a cooperation agreement to start a jointly-owned company for the future production of biofuel at the former Tofte pulp mill in Norway. The company will be named Silva Green Fuel AS, and will be 49-percent owned by Södra and 51-percent owned by Statkraft.

According to Södra, the company’s first task is to find a cost-effective technology for profitable production of second generation biofuels based on forestry raw materials. A future commitment depends on whether the authorities facilitate the increased use of biofuels through tax changes and other attractive incentives.