Chempolis, a leading Finnish biorefinery company, is planning to establish biorefinery projects in India in joint venture.
The company has developed and patented technologies to refine residual agricultural biomasses into high quality products while minimising environmental impact and maximising social benefits.
Chempolis' third-generation biorefining technology provides profitable, sustainable and cost-effective solutions for biomass, sugar, fuel, pulp and paper and chemical industries in India.
According to Pasi Rousu, President, Chempolis Asia and Pacific, the agriculture and sugar industry is very strong in India and there is a huge biomass potential. Given the potential of biorefining in India, gasoline could be replaced completely by ethanol and imports of crude oil can be reduced by 25 per cent.
Further, Rousu said that Chempolis was currently in the negotiating stage with leading sugar companies in India for establishing its first biorefinery in the country. Most of the companies had shown interest and a final decision in this regard would be taken early next year. Following this, the refinery was expected to be functional in 18-20 months time.
Rousu also mentioned that the Ministry of New and Renewable Energy had been supportive towards the company. Minister for New and Renewable Energy Dr. Farooq Abdullah, who visited the company's facility in Finland, was keen that Chempolis bring the technology to India.
The technology enables production of multiple value-added products from renewable raw materials. These products include bioethanol, biosugars, biocoal and multiple biochemicals that are socially, economically and environmentally sustainable. Chempolis technologies are effluent-free and self-sufficient in terms of energy and do not produce CO2 or sulphuric emissions.
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