AM Green Acquires Chempolis Next-Gen 2G Bio-Fuel Technology; To Invest $1BN to Produce Sustainable Aviation Fuel (SAF)
09.25.2024 By Tank Terminals - NEWS

September 25, 2024 [PR Newswire]- AM Green Technology and Solutions B.V. (part of AM Green Group), one of the world’s leading energy transition solutions providers has announced the signing of binding agreements to acquire Chempolis Oy and Fortum 3 B.V. entities.

 

This acquisition highlights AM Green’s commitment to develop innovative technology enabled solutions. AM Green will establish large-scale bio refineries that utilize multiple feedstocks & produce high-value green products enabling global decarbonization in aviation, fuels, chemicals and other industrial sectors.

Chempolis’s technology will enable the processing of multiple 2G waste feedstocks and the production of high-value green chemicals and products such as ethanol, furfural, and pure lignin, accelerating AM Green’s vision to become the world’s leading industrial decarbonizations platform.

Chempolis Oy is a pioneer in lignocellulosic feedstock processing with research, technology capabilities and product development expertise spanning 15+ years with strong R&D teams.

AM Green foresees a significant potential in the downstream applications of these key products, which could pave the way for entry into multi green-chemical value chains across multiple sectors, including consumer and industrial use cases.

 

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