AM Green Acquires Chempolis for Sustainable Aviation Fuel Production

In recent years, the world has witnessed a growing emphasis on sustainable energy solutions, particularly in the aviation sector. As climate change continues to pose significant challenges, the need for cleaner fuels has never been more urgent. In this context, AM Green Technology and Solutions B.V., a prominent player in energy transition solutions, has made a significant move by acquiring Chempolis Oy and Fortum 3 B.V. This acquisition is set to revolutionize the production of sustainable aviation fuel (SAF) and other green products.

On September 23, 2024, AM Green announced its plans to invest approximately $1 billion to develop large-scale bio refineries that will utilize advanced 2G bio-fuel technology. This technology allows for the processing of various waste feedstocks, which are materials that would otherwise go to waste. By transforming these materials into high-value products like ethanol and pure lignin, AM Green aims to contribute to global decarbonization efforts across multiple sectors, including aviation, fuels, and chemicals.

Chempolis Oy has been a pioneer in the field of lignocellulosic feedstock processing for over 15 years. Their expertise in research and development positions them as a key player in the transition to sustainable energy. With this acquisition, AM Green is not only enhancing its technological capabilities but also paving the way for the establishment of a global bio-refinery ecosystem. This ecosystem will be built on a licensing model of Chempolis's technology, allowing for collaboration with partners worldwide.

AM Green's Group Chairman, Anil Chalamalasetty, expressed enthusiasm about the partnership, stating, "We are excited to partner with Chempolis to advance the processing of 2G ligno-cellulosic feedstocks." This collaboration underscores AM Green's commitment to developing innovative solutions that can significantly impact the energy landscape.

The investment of $1 billion will focus on developing Alcohol-to-Jet (ATJ) SAF plants, with a target of producing over 0.5 million tons per annum by 2027. This ambitious goal is aimed at supporting global airline decarbonization efforts, which are crucial in the fight against climate change. By processing a wider range of feedstocks, AM Green plans to create valuable green products tailored for various consumer and industrial applications.

The acquisition of Chempolis by AM Green marks a pivotal moment in the journey towards sustainable aviation fuel and broader decarbonization efforts. As the world increasingly turns its attention to renewable energy sources, initiatives like this one are essential for fostering innovation and collaboration in the energy sector. The future of aviation and other industries may very well depend on the successful implementation of these advanced technologies, making this development not just a business move, but a significant step towards a greener planet.