©Metsä Fibre / Rauma pulp mill
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Finland’s Ministerial Finance Committee has given the green light to €21m funding for wood-based bioproducts firm Metsä Fibre to develop a biogenic carbon capture plant in Rauma.
The Ministry of Economic Affairs and Employment will shortly prepare the decision for Sari Multala, Minister of Climate and the Environment, ahead of official approval.
The €70m ($81.2m) plant would have a capture capacity of 100,000 tonnes per year.
CO2 would be captured from the flue gases of Metsä Group’s Rauma pulp mill where it would be further delivered to produce renewable electrofuels. Later, the solutions from the plant could be scaled up and replicated for other similar projects.
Multala said one of the priorities of the government’s climate policy is to develop solutions that reduce emissions and capture carbon from industry and energy production.
“Finland needs leading innovators to develop industrial-scale projects, which in turn will help promote the implementation of more large-scale capture plants in future,” she said.
Eight companies applied for investment in March. The aid was allocated to projects with a minimum 15,000 tonnes of biogenic CO2 capture capacity per year.
Global industrial process technologies company Valmet will deliver an automation system for in Mäntsälä, with a capacity of 3,500 tonnes per annum.
