Kaidi – Kemi Biodiesel Refinery Plant – Finland - Project Profile
"Kaidi – Kemi Biodiesel Refinery Plant – Finland - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Kaidi Finland (Kaidi), a subsidiary of Sunshine Kaidi New Energy Group (SKNEG) is planning to build a biodiesel refinery plant in Ajos, Kemi, Finland.
The project involves the construction of a biodiesel refinery plant with a production capacity of 225,000MTPA (616.5M3/d). It includes the construction of a processing unit, a production unit, storage tanks and related infrastructure, and the installation of machinery.
Spinverse Innovation Management Oy (Spinverse) has been appointed as lead consultant for the project. Its scope of work includes planning, financing and partner selection and business development.
In February 2016, Kaidi is in the process of preparing environmental permit application.
In July 2016, the European Commission has decided to grant US$98 million worth of investment subsidies for the project.
In September 2016, Kaidi has filed the environmental permit application.
On October 23, 2016, Kaidi has signed a contract with the city of Kemi to acquire 32ha land, for a purchase consideration of US$27.00 million.
In December 2016, Kaidi has received tentative approval to the facility from the parent company, SKNEG.
Kaidi is in the process of obtaining necessary approvals for the project. Subject to approvals, the final investment decision will be made in 2017. Simultaneously, Kaidi is in discussions with investors and stakeholders to develop the project.
The project involves the construction of a bio-diesel refinery plant with a production capacity of 225,000 metric tonnes per annum (MTPA) in Kemi, Finland.
The US$982 million project includes the following: