Industrial scale demonstration of pyrolysis technology
Fortum Bio-oil plant at Joensuu
In March 2014, it was announced that Fortum, UPM and Valmet will work together on a five-year project LignoCat (Lignocellulosic Fuels by Catalytic Pyrolysis) to develop and commercialize integrated catalytic pyrolysis technology to produce biofuels from cellulosic feedstocks. The project is funded by Tekes - the Finnish Funding Agency for Technology and Innovation.
In March 2012, Fortum, Finland announced an investment of ~ EUR 20 million to build a bio-oil plant, based on fast pyrolysis technology, connected to the Joensuu CHP plant, which will be the " first of its kind in the world on an industrial scale."