July 19, 2017 - Finland-based St1 has announced it is investing in a new hydrogen manufacturing unit, which will be built in the St1 Refinery in Gothenburg, Sweden. This is the first step in a series of planned investments, which will enable St1 Refinery to start the production of renewable diesel in 2020. The construction work of the new hydrogen unit will start immediately and is estimated to be completed by the end of 2018. This hydrogen manufacturing unit investment project targets to enable an annual capacity of 200,000 tonnes of renewable diesel production. The value of the first stage of the project is 40 MEUR.
St1 also continues to develop new advanced ethanol production technologies with a strong focus on ligno-cellulosic feedstocks. The first Cellunolix plant to manufacture advanced ethanol from sawdust is targeted to reach full production speed later in 2017 in Kajaani, Finland. St1 already operates dispersed ethanol plants producing advanced waste-based ethanol for transportation, e.g. using bakery waste as feedstock. One of the plants is integrated into the St1 refinery in Gothenburg.
The objective of St1’s long-term advanced renewable fuels strategy is to enhance the company’s competitiveness when fulfilling the renewable energy and GHG reduction requirements in its home market of Finland, Sweden and Norway.
St1 is a Nordic energy group whose vision is to be the leading producer and seller of CO2-aware energy. The company researches and develops economically viable and environmentally sustainable energy solutions. St1 consists of two sister groups: St1 Nordic focuses on fuels marketing activities in Finland, Sweden and Norway and on renewable energy solutions such as waste-based advanced ethanol fuels and industrial wind power. The company has 1,400 St1 and Shell branded retail stations in Finland, Sweden and Norway. The sister group St1 Group focuses on oil refining. Headquartered in Helsinki, the company employs currently 700 people in Finland, Sweden and Norway. St1 Group is planned to merge into St1 Nordic on Dec. 31, 2017.