Nokian Tyres joins JV for newly commissioned biomass plant in Finland
Finnish tyre company Nokian Tyres has joined a joint venture for building the Nokianvirran Energia biomass power plant in order to ensure the supply of eco-friendly and cost-efficient energy.
The plan to transition to renewable fuels and the rising operating costs of natural gas boilers were other important factors in the decision.
With the new biomass power plant, renewable energy sources account for approximately 70% of energy consumption at the factory located in Nokia, Finland.
Esa Eronen, VP of supply operations at Nokian Tyres, said the company wanted to ensure long-term energy supply to its factories, but it also had the environment on the mind.
“We value environmental aspects and want to contribute to reducing the emissions from energy production. For Nokian Tyres, the investment will also reduce our expenses,” said Eronen.
The Nokianvirran Energia biomass power plant HK 16 was commissioned in June 2016, and the company is owned by Sähkö (40.3%), Nokian Tyres (32.3%), and SCA Hygiene Products (27.4%).