Technip Awarded FEED Contract for a New Biomass-to-Liquid Plant in Finland
PARIS -- June 13, 2013
Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) was awarded by Forest BtL
Oy a contract, worth approximately €5 million, for the front-end engineering
and design (FEED) of a new second generation biomass-to-liquid* (BTL) plant to
be built on Ajos island, Finland. This plant will produce approximately
140,000 tons of biodiesel and naphtha from wood and by-products from the
wood-processing industry. This feedstock has many advantages as it is not used
for human food, it does not jeopardize the existing local biomass usage and
has a low CO footprint.
Technip will develop the process design package of the hydrogen production
unit of the plant, based on its steam reformer proprietary technology, and
will prepare the FEED for the hydrogen production, Fischer-Tropsch synthesis
and refining units.
Technip’s operating center in Lyon, France, together with the Group’s hydrogen
technology center in Zoetermeer, The Netherlands will execute the contract,
which is scheduled to be completed in the first semester of 2014.
The Ajos BtL project is supported by the European Union NER300 funding program
for innovative renewable energy technologies. This project will be an
industrial first and will reinforce Technip’s leading position on new
generation biofuels projects.
* Biomass-to-liquid or BTL is a new generation biofuel, consisting of a
multi-step process to produce liquid biofuels from biomass. Main technological
steps are gasification, syngas cleaning and Fischer-Tropsch synthesis.
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Christophe Bélorgeot, +33 (0) 1 47 78 39 92
Floriane Lassalle-Massip, +33 (0) 1 47 78 32 79
Investor and Analyst Relations
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