AM Green Technology and Solutions has signed binding agreements to acquire Chempolis Oy and Fortum 3 B.V. entities.
The price was not disclosed but AM Green will invest around $1bn to develop 0.5-plus MTPA of Alcohol-to-Jet (ATJ) SAF plants by 2027 for global airline decarbonisation.
The company will establish large-scale bio refineries that utilise multiple feedstocks and produce high-value green products enabling global decarbonisation across fuels, chemicals and other industrial sectors.
Chempolis’ technology will enable the processing of multiple 2G waste feedstocks and production of high-value green chemicals and products such as ethanol, furfural, and pure lignin.
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