Neste Oil and Stora Enso agreed on 16 March to develop a technology producing biofuels from wood residues and invest €14m ($18.4m) in a pilot plant, according to ICIS news.
(Disclosure: I work for ICIS: About ICIS)
Stora Enso, an integrated paper, packaging, and forest products company, will supply wood biomass while Neste Oil will market the biofuels. The process will involve using the Fischer-Tropsch process to convert syngas to fuel.
I wonder if they’re talking to the chaps at Purdue University who are into hydrogenating biomass to fuel about optimising the process…