Commissioning of JV biomass power plant lifts Nokian Tyres’ green energy use
In order to increase the proportion of green energy used in the manufacture of its products, Nokian Tyres has entered into a joint venture to construct a biomass power plant. The Finnish tyre maker shares that the Nokianvirran Energia HK 16 facility, which is 32.3 per cent owned by Nokian Tyres, was commissioned yesterday. Nokian’s partners in the joint venture are Sähkö Oy, which holds a 40.3 per cent share, and Oy SCA Hygiene Products Ab, which is a 27.4 per cent shareholder.