Thursday, February 18, 2016

Sunshine in the Finnish forest industry: Biomass projects and Finland's bioeconomy enjoying a resurgence

A Maaseudun Tulevaisuus (a Finnish newspaper covering agriculture and forestry) editorial discusses the positive outlook of the forest and bio industries in Finland. There are several projects already carried out or planned in the sector. The most recent investment decision was made by a Chinese company on a biorefinery in Kemi. The paper finds that there is no reason to worry over the sufficiency of wood in Finland despite the great number of projects. The Chinese project is very positive news for the country. However, the project is still far from implementation. One severe risk is related to the EU's biomass sustainability criteria directive. If the EU decided that biomass has sustainability problems, the foundation of Finland's bioeconomy strategy could be undermined. Finns must make sure this does not happen.

Source: Maaseudun Tulevaisuus (E-edition, PDF) - article summary above translated from Finnish 
Date: 12.2.2016

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