Outokumpu is planning an investment in a biocoke and biomethane plant at its stainless-steel production site in Tornio, Finland. This large-scale biocoke project has now proceeded to a phase where Outokumpu is applying for investment support totalling EUR 25M. If realized, this project would significantly increase self-sufficiency in energy in Finland, and it also has the potential to reduce carbon dioxide emissions by more than 200,000 tonnes per year. This project supports significantly the Finnish and European energy and climate targets for 2030.
Outokumpu’s climate target is to reduce carbon dioxide emissions by 42% by 2030. This translates to an emission reduction of 14% by the end of 2025.
Outokumpu’s biocoke project is a result of the research done in the Towards Carbon Neutral Metals (or TOCANEM) program. In the TOCANEM research program, the metal industry and research organizations have together researched possibilities to reduce carbon dioxide emissions in the production of steel and other metals.