The Memorandum of Understanding (MoU) advances the defossilisation of the aviation industry through realising a CO-to-SAF (Sustainable Aviation Fuel) production plant in Koivuluoto, Tornio, Finland.
Signed between our member Norsk e-Fuel, a Nordic pioneer in Power-to-Liquid project development, and Outokumpu, a developer of sustainable stainless steel, the agreement utilises carbon monoxide side streams from Outokumpu’s ferrochrome production as feedstock for 80,000-100,000 tons of e-Fuel per year. This will also reduce Outokumpu’s CO₂ emissions by up to 200,000 tons annually.
“The collaboration with Outokumpu brings together two companies with complementary strengths and a shared ambition to advance the energy transition in Finland and Europe. Outokumpu’s industrial platform and available side streams, combined with our experience in developing Power-to-Liquid projects, create a strong foundation for competitive eSAF production in Tornio,” says Lars Bjørn Larsen, CCO at Norsk e-Fuel.
The collaboration would contribute to the EU’s targets for the clean energy transition and increase the EU’s resilience and strategic independence through strengthening domestic fuel supply.
Read the full press release here.
