Nokia, Finland – Nokian Tyres has commissioned a biomass power plant in a bid to generate “eco-friendly and cost-efficient energy” for its factory in Nokia, the company announced 17 June.
According to the Finnish tire-maker, the project is part of a Nokian plan to transition to renewable fuels and the rising operating costs of natural gas boilers.
Nokian Tyre owns a 32.4-percent share of a joint venture that built the Nokianvirran Energia Oy biomass power plant. Sähkö Oy and Oy SCA Hygiene Products Ab are the other parties involved in the JV.
With the new biomass power plant, renewable energy sources account for roughly 70 percent of energy consumption at the Nokia factory, the company claimed.
“We wanted to participate in the project as an owner in order to better ensure the energy supply for our factories in the long term,” said Esa Eronen, vice president of supply operations.
“For Nokian Tyres, the investment will also reduce our expenses,” he added.