Verso Energy plans a hydrogen plant in Oritkari

French company Verso Energy is reserving a site for a new plant to produce hydrogen and synthetic fuels at the Port of Oulu, northern Finland.

Verso Energy’s synthetic fuel production in France will be based on the company’s renewable hydrogen production and carbon dioxide recovered from sources such as paper and pulp mills close to the plant. The company offers its synthetic fuels for use in both aircraft and ships.

This land reservation is only a preliminary decision; a final investment decision will be made at a later stage. The project is expected to create a significant number of jobs in the Oulu region, and the scale of the investment is substantial.

Read more at City of Oulu’s website >>