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illuminem summarizes for you the essential news of the day. Read the full piece on Forbes or enjoy below:
🗞️ Driving the news: Metsä Group and Andritz are exploring the feasibility of building a carbon capture facility at Metsä Group’s Kemi bioproduct mill in Finland, potentially capturing up to four million tonnes of CO2 annually
🔭 The context: This initiative aims to create an energy-efficient system using the mill’s generated electricity, heat, and steam
• If viable, it could lead to new wood-based products and synthetic chemicals through captured biogenic CO2 combined with green hydrogen
🌍 Why it matters for the planet: Carbon capture at this scale could significantly reduce CO2 emissions and support the development of renewable fuels and materials, aiding global decarbonization efforts
⏭️ What's next: The study will determine the optimal system size, with a test unit focusing on the mill’s recovery boiler emissions
• Successful implementation could enhance Finland’s chemical industry and hydrogen economy, with broader applications worldwide
💬 One quote: “If implemented, carbon dioxide capture would open up opportunities for a significant new chemical industry in Finland and boost the Finnish hydrogen economy,” said Sari Pajari-Sederholm, Metsä Group’s executive vice president of strategy
📈 One stat: Metsä Group generates about 12 million tonnes of wood-based CO2 annually, which could be harnessed as a raw material for fossil fuel substitutes
Click for more news covering the latest on carbon capture & storage
