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Outokumpu Partners with Norsk e-Fuel on Sustainable Aviation Fuel Production Plant in Finland

MT Newswires·01/08/2026 07:36:58
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07:36 AM EST, 01/08/2026 (MT Newswires) -- Outokumpu (OUT1V.HE) said Tuesday it signed a memorandum of understanding with Norsk e-Fuel to develop a carbon monoxide-to-sustainable aviation fuel production plant in Finland. As agreed, the Norwegian sustainable fuels company will start a feasibility study for a facility next to Outokumpu's stainless steel mill in Tornio, Finland, in 2026. Meanwhile, the Finnish stainless steel group will provide carbon monoxide side streams from its ferrochrome production as a feedstock to produce 80,000 tons and 100,000 tons of eSAF annually. Norsk e-Fuel will lead project development, secure financing and find clients, with a final investment decision on the 1.2 billion-euro to 1.5 billion-euro project in 2028. Production is projected to commence in 2032.