St1 moves forward with advanced biofuel investments

In Finland, St1 continues its series of investments targeting to begin the production of renewable diesel in 2020 at its refinery in Gothenburg, Sweden. The company has now signed an engineering design package and license agreement with Haldor Topsoe for a renewable diesel production unit, which would be integrated with the St1 Refinery. The construction of the plant will be subject to final investment decision after completion of the design in spring 2018 and after obtaining required environmental permit. The company announced a 40 million euro investment in a hydrogen unit at the refinery in July. The hydrogen unit represents the first step in the renewable diesel production investment program targeting an annual capacity of 200,000 metric tons in renewable diesel production.