December 10, 2019
The daily brief: 10 December 2019
Neste is supplying sustainable jet fuel for KLM flights out of Amsterdam Airport Schiphol.
All the daily Finnish business news that works: Stora Enso, Wärtsilä and Neste make headlines.
Stora Enso is building a new pilot plant for bio-based plastic packaging material, Wärtsilä is co-developing hybrid-powered vessels with a Chinese shipbuilder, and Neste is supplying sustainable jet fuel in Amsterdam.
Finnish company Stora Enso is investing nine million euros in a new pilot facility for the production of bio-based plastic packaging material. The facility will convert plant-based sugars into furandicarboxylic acid, a key component of the bio-based barrier material PEF, and will mainly provide packaging material for the food and beverage industry. To be located at Stora Enso’s Langerbrugge Mill in Belgium, the pilot facility is expected to be ready in the first quarter of 2021.
Finnish technology group Wärtsilä has signed a five-year strategic agreement for the development of hybrid vessels with Chinese state-owned CSSC Huangpu Wenchong Shipbuilding. The partners will research and develop hybrid power systems that lower costs and reduce greenhouse gas emissions, focusing initially on a hybrid-powered hopper dredger.
Neste will supply additional sustainable aviation fuel for flights operated by KLM out of Amsterdam Airport Schiphol in the Netherlands. The fuel reduces CO2 emissions by up to 80 per cent compared to fossil jet fuel. Neste has also joined the Dutch airline’s Corporate BioFuel Programme, ensuring that sustainable aviation fuel is used for its own business flights.
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