Press releases

Green Fuel Nordic takes part in the preparation of Finland’s Bio-Economy Strategy


The goal of Finland’s Bio-Economy Strategy that is now under preparation is to create a new globalizing economy where natural resources are exploited in a sustainable matter. Green Fuel Nordic Oy is actively involved in the preparation of the strategy.

Bio-Economy is a significant oppoturnity for Finland to archieve a sustaibable competitive advantage, create prosperity, innovation and ecosystem services-based business and jobs, as well as to attract foreign investments in accordance with the principles of sustainable development.

Finland’s bio-economy strategy is being prepared in cooperation of three parties; Ministry of Employment and the Economy, the Ministry of Agriculture and Forestry and the the Ministry of the Environment. A working group responsible of the preparation organized the first session in a series of so-called Bio-Economy dates in the end of November. In the session different actors and stakeholder’s views were presented on how the bio-economy in Finland should be promoted. Green Fuel Nordic Oy was the only representative of the industry in the event among keynote speakers.

”I am very pleased that we got an invitation to come and present our views and plans in the first Bio-Economy dates, and thus to give our contribution to the creation of Finland’s Bio-Economy Strategy. Our strategy to make Green Fuel Nordic a front-runner in bio-economy is now bearing fruit.” Says Green Fuel Nordic Oy’s CEO Timo Saarelainen.

 The Bio-Economy Strategy is to be given to the Goverment for approval in the spring of 2013. Furher information from the preparation of the strategy can be found in

 Additional information:

CEO Timo Saarelainen
tel. +358 40 7076640
e-mail timo.saarelainen(at)


Green Fuel Nordic Oy is a Finnish biorefining company. The company’s business idea is to utilize commercially proven RTP™ technology for the production of second-generation bio-oil from local, renewable, forest-based biomass. The off-take is a liquid, low-carbon and sulfur-free bio-oil that can directly replace light and heavy fuel oil in renewable energy applications. In the upcoming years, Green Fuel Nordic Oy aims to build several biorefineries in Finland. The company, established in October 2011, is headquartered in Kuopio, Finland.

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