AM Green Acquires Chempolis Oy and Fortum 3 B.V.

AM Green Technology and Solutions B.V., a subsidiary of AM Green Group, an energy transition solution provider, announced the acquisition of Chempolis Oy and Fortum 3 B.V.  

This move strengthens AM Green's standing in the bio-refinery industry while stepping up its efforts to lead the decarbonization movement in several industries, including aviation, fuels, and chemicals. 

The acquisition of Chempolis Oy, a pioneer in lignocellulosic feedstock processing, brings over 15 years of research and technology expertise in processing second-generation (2G) waste feedstocks into high-value green products, such as ethanol, furfural, and pure lignin.  

This technology aligns with AM Green's ambition to be at the forefront of global industrial decarbonization. 

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Anil Chalamalasetty, the Group Chairman of AM Green, said, "We are excited to partner with Chempolis to advance the processing of 2G ligno-cellulosic feedstocks.

He added, “This highlights our commitment to develop innovative, technology enabled solutions to establish large-scale bio refineries that utilize multiple feedstocks & produce high-value green products enabling global decarbonization in aviation, fuels, chemicals, and other industrial sectors." 

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By licensing Chempolis's technology, AM Green hopes to create a global biorefinery ecosystem as part of its expansion strategy. 

This approach would promote biorefinery operations globally and expedite the transition to a low-carbon economy. 

By 2027, AM Green intends to have invested about $1 billion to build more than 0.5 million tons annually (MTPA) of Alcohol-to-Jet (ATJ) sustainable aviation fuel (SAF) plants. 

These plants will contribute to the decarbonization movement by lowering the carbon footprint of the aviation sector.