In Finland, AM Green Technology and Solutions B.V. has announced the signing of binding agreements to acquire Chempolis Oy and Fortum 3 B.V. entities. AM Green will establish large-scale bio refineries that utilize multiple feedstocks and produce 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. Anil Chalamalasetty, Group Chairman of AM Green, said: “We are excited to partner with Chempolis to advance the processing of 2G ligno-cellulosic feedstocks. This highlights our commitment to develop innovative, technology enabled solutions to establish large-scale bio refineries that utilize multiple feedstocks and produce high-value green products enabling global decarbonization in aviation, fuels, chemicals, and other industrial sectors.” AM Green will invest nearly $1 billion to develop SAF plants by 2027.
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