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Biozin Holding will build a new biofuel production plant in Åmli, Aust-Agder, and collect 1.2 billion Norwegian kroner with the aim of becoming operational in 2022, writes DN.
"The plant will create 70 new jobs and cost $ 3.5 billion and the CO2 savings will be measured at 90% compared to the use of fossil-based crude oil," said Thomas Skadal. , General manager.
According to the newspaper, Biozin Holding was founded a few years ago by Norway's second largest sawmill, Bergene Holm, to produce biohazard with advanced bio-oil.
Crude oil should be made from forest raw materials, such as forest residues, deciduous trees, bark and sawmill by-products.
According to DN, Bergene Holm has forged close cooperation with Preem, Sweden's biggest oil company.
– Biozin will be a good product for boats and planes. Preem has already concluded an agreement with SAS for the delivery of biofuels, "says Skadal.
President Olav Falk-Pedersen told the newspaper that the company planned to create 4 to 5 factories in Norway and invest more than ten billion dollars.
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