AM Green Technology and Solutions B.V., a prominent player in the energy transition sector, has announced a significant acquisition of Chempolis Oy and Fortum 3 B.V. This strategic move is set to revolutionize the production of sustainable aviation fuel (SAF) by leveraging Chempolis’s next-generation 2G bio-fuel technology. With an investment of $1 billion over the next three years, AM Green aims to establish a global bio-refinery platform that will contribute to the decarbonization of the aviation industry.
Transforming Bio-Fuel Technology
AM Green’s acquisition of Chempolis marks a pivotal moment in the bio-fuel industry. Chempolis, known for its innovative lignocellulosic feedstock processing technology, brings over 15 years of research and development expertise to the table. This technology enables the efficient conversion of various 2G waste feedstocks into high-value green chemicals and products such as ethanol, furfural, and pure lignin. By integrating Chempolis’s technology, AM Green plans to develop large-scale bio-refineries that will produce sustainable aviation fuel, thereby reducing the carbon footprint of the aviation sector.
The acquisition also includes Fortum 3 B.V., further strengthening AM Green’s capabilities in the bio-fuel domain. This move aligns with AM Green’s vision of creating a comprehensive global bio-refinery ecosystem. The company plans to partner with global entities to establish a licensing model for Chempolis’s technology, accelerating the adoption of sustainable practices across various industries.
Investment and Future Plans
AM Green’s $1 billion investment underscores its commitment to sustainable energy solutions. The company aims to produce over 0.5 million tonnes per annum (MTPA) of sustainable aviation fuel by 2027. This ambitious target will be achieved through the development of Alcohol-to-Jet (ATJ) SAF plants, which will utilize Chempolis’s advanced bio-fuel technology. These plants will play a crucial role in the global decarbonization efforts, providing a cleaner alternative to conventional aviation fuels.
The investment will also support the establishment of a global bio-refinery platform, enabling the processing of multiple feedstocks and the production of high-value green products. AM Green’s collaborative approach, involving partnerships with various stakeholders, will facilitate the widespread adoption of sustainable practices. This initiative is expected to create a ripple effect, encouraging other industries to embrace green technologies and contribute to a sustainable future.
Global Impact and Vision
AM Green’s acquisition of Chempolis and the subsequent investment in sustainable aviation fuel production is a testament to the company’s forward-thinking approach. By leveraging Chempolis’s cutting-edge technology, AM Green aims to become a leader in the industrial decarbonization sector. The company’s vision extends beyond the aviation industry, with plans to explore downstream applications of green chemicals and products in various sectors, including consumer and industrial use cases.
The establishment of large-scale bio-refineries will not only reduce greenhouse gas emissions but also create economic opportunities in the renewable energy sector. AM Green’s commitment to innovation and sustainability positions it as a key player in the global energy transition. The company’s efforts to develop a comprehensive bio-refinery ecosystem will pave the way for a greener, more sustainable future.