Tag: Finland

Stora Enso issues $169M green bond

Stora Enso issues $169M green bond

April 23, 2020 |

In Finland, Stora Enso has successfully issued a new $169 million green bond under its EMTN (Euro Medium Term Note) program and under Stora Enso’s Green Bond Frame work published in May 2018. The bond has two tranches as follows:  1) $99.3 million matures in April 2025 and pays a floating coupon of STIBOR +2.20%. 2) $69.5 […]

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Industry teams with policymakers and NGOs calling for a Green Recovery post-COVID-19

Industry teams with policymakers and NGOs calling for a Green Recovery post-COVID-19

April 14, 2020 |

In Finland, Neste has joined an alliance of cross-party political decision-makers, businesses, NGOs and other stakeholders in a call for a Green Recovery after the coronavirus (Covid-19) crisis in Europe. The alliance places the fight against climate change at the core of the economic strategy in contributing to the quick recovery of the economies and […]

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European researchers say post-2020 Common Agricultural Policy must safeguard peatlands

European researchers say post-2020 Common Agricultural Policy must safeguard peatlands

April 14, 2020 |

In Finland, post-2020 Common Agricultural Policy (CAP) must safeguard and stimulate the preservation of carbon-rich soils through protection of peatlands. Functional peatlands are the most space efficient long-term carbon store and sink in our planet’s biosphere. A group of leading peatland experts compiled recommendations for climate smart actions based on their recent studies on cultivated […]

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Business Finland BioFlex project to explore biomass and waste-plastic fuel production

Business Finland BioFlex project to explore biomass and waste-plastic fuel production

April 8, 2020 |

In Finland, a three-year Business Finland BioFlex project, VTT and partners are exploring how suitable fuel oils made from biomass and waste plastics are for power plants and ship diesel engines. The aim is to determine the most ecologically and economically sustainable way to replace fossil fuels. Internal-combustion engine power plants use natural gas or […]

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Neste ranked as most sustainable brand by Finnish consumers

Neste ranked as most sustainable brand by Finnish consumers

March 30, 2020 |

In Finland, Neste has been ranked as the most sustainable brand within the fuel industry according to Finnish consumers. The Sustainable Brand Index™ study interviewed a total of 9,480 Finnish consumers, aged 16 to 75, on several brands. The ranking shows how sustainable a brand is perceived to be by consumers, and why. The respondents evaluated […]

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Gasum to supply liquefied biogas for Forchem tall oil biorefinery

Gasum to supply liquefied biogas for Forchem tall oil biorefinery

March 24, 2020 |

In Finland, Gasum has entered into an agreement with the cleantech company Forchem Oy on the supply of liquefied biogas (LBG) for the Forchem tall oil biorefinery in Rauma, Finland. Forchem switched to using liquefied natural gas (LNG) in 2019.  The liquefied biogas (LBG) is received at the Forchem reception terminal, vaporized and used in […]

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Neste to acquire US-based UCO collector and recycler to secure feedstock supplies

Neste to acquire US-based UCO collector and recycler to secure feedstock supplies

March 11, 2020 |

In Finland, Neste has agreed to acquire 100% of Mahoney Environmental (Mahoney), a collector and recycler of used cooking oil in the United States, and its affiliated entities. The transaction is subject to the fulfillment of customary closing conditions and regulatory approval. The transaction supports Neste in its effort to build a global waste and […]

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VTT launches two-year project with partners to develop BECCU

VTT launches two-year project with partners to develop BECCU

March 5, 2020 |

In Finland, VTT and its business partners have launched a two-year project to develop a concept for a process to capture and utilize carbon dioxide. The aim is to utilize the carbon dioxide produced during bioenergy production as a raw material for specialty chemicals. As certain end products have a long lifecycle, the concept may […]

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Policy force Finnair to stop customer aviation biofuel purchase program

Policy force Finnair to stop customer aviation biofuel purchase program

March 2, 2020 |

In Finland, Newsnow Finland reports that Finnair has been forced by police to stop its “Push for Change” program that allowed customers to buy aviation biofuels for flights as well as reduce their carbon commissions by supporting a clean cooking program in Mozambique because it allegedly goes against the Money Collection Act. Instead, the company […]

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VTT models the use of surplus wind power’s roll in the circular economy

VTT models the use of surplus wind power’s roll in the circular economy

February 6, 2020 |

In Finland, the circular economy can utilize surplus wind power to improve profitability of the entire energy system. This was demonstrated by VTT’s new modelling tool that was used to calculate the effects of circular economy in Åland Islands, where the share of wind power is expected to increase rapidly in the next few years. […]

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