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St1 signs a letter of intent with Viken Skog and Treklyngen for a Cellunolix® ethanol plant in Norway

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St1 Nordic Oy’s Norwegian subsidiary, Smart Fuel AS, has signed a letter of intent with Viken Skog SA and its subsidiary Treklyngen Holding AS to construct a Cellunolix® ethanol plant in Norway.

St1’s aim is to construct a Cellunolix® ethanol plant in the industrial area of Follum in Hønefoss, making maximum use of the existing industrial infrastructure and equipment from the former paper-mill area. The planned production capacity of the plant is 50 million liters of advanced cellulosic bioethanol for transportation, using local forest industry residues as feedstock.

It is estimated that the project will reach the investment decision stage in 2018 and the plant will be in operation by 2021.

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