St1 Invests in Renewable Fuel Unit by Pöyry
19 November 2019
St1 has awarded ÅF Pöyry with engineering assignment for a new renewable fuel production unit investment project. The new plant will be built in Gothenburg, Sweden, and is the largest single investment in St1's history. The investment is estimated to approximately 1.5 billion SEK. ÅF Pöyry’s services includes all engineering disciplines, procurement and scheduling services. The project consists of new units, revamp of existing units and new storage facilities.
The energy company St1's vision is to be the leading producer and seller of CO₂-aware energy. To achieve this vision, the company strives to develop and commercialize functional and environmentally sustainable solutions to replace fossil energy with renewable energy. The St1 Refinery in Gothenburg, Sweden, which is one of most energy efficient in the world, plays a key role in realizing this vision and fulfilling long-term advanced renewable fuels strategy.
St1 has decided to construct a hydrogen manufacturing unit with the goal of starting the production of renewable diesel at the refinery. The new plant will have a capacity to produce 200,000 tons per year of renewable fuel in the form of HVO (Hydrogenated Vegetable Oils), a renewable transport fuel that can be blended into diesel or replace diesel. The goal for production start is in the beginning of 2022.
Press Release Courtesy of Pöyry.