Brief: Taaleri: Fintoil Invests Over EUR 100 Mln In Biorefinery In Hamina

Taaleri Oyj

04/02/2020 12:57

Feb 4 (Reuters) - Taaleri Plc  TAALA.HE :
    * FINTOIL, PARTLY OWNED BY TAALERI, INVESTS MORE THAN EUR
100
MILLION IN A BIOREFINERY IN HAMINA
    * FINTOIL LTD WILL BUILD A CRUDE TALL OIL REFINERY IN HAMINA
    * FINTOIL AND PORT OF HAMINAKOTKA HAVE TODAY SIGNED A LEASE
AGREEMENT ON A SITE LOCATED IN HAMINA OIL PORT AREA
    * NESTE ENGINEERING SOLUTIONS LTD HAS BEEN COMMISSIONED FOR
ENGINEERING AND DELIVERY OF BIOREFINERY
    * CONSTRUCTION OF BIOREFINERY WILL BEGIN AS SOON AS COMPANY
HAS
SECURED ENVIRONMENTAL AND BUILDING PERMITS, ESTIMATED EARLIEST
AT END OF 2020
    * FOR TAALERI, FINTOIL LTD'S BIOREFINERY REPRESENTS A
SIGNIFICANT
INVESTMENT IN FINNISH INDUSTRY AND EXPERTISE WHICH FOSTERS
TAALERI'S GROWTH IN IMPACT INVESTING AND FINANCING OF RENEWABLE
ENERGY

Source text for Eikon:  ID:nGNEb8tSBC 
Further company coverage:  TAALA.HE 

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