Finnish industries improve their competitiveness by increasing energy efficiency
Energy is one of the biggest cost factors for many industrial companies. By improving the energy efficiency, the competitiveness of the production can be improved significantly. Adven realizes a project where the use of steam at DuPont’s Finnfeeds Finland’s betaine factory in Naantali can be decreased by almost 40 per cent and at the same time also the carbon footprint is remarkably reduced.
Maintaining competitiveness in the global economy requires innovative, new solutions from the Finnish industrial companies. In order to improve their cost effectiveness, and to meet with the value adding sustainability requirements, energy and water efficiency are currently on a high priority in process industries. This is recognized at Adven.
- More than half of Adven’s new investment projects are focused in improving energy or water efficiency. Often the most effective way to improve the competitiveness of energy supply is to improve energy efficiency. You need to have a wider perspective to this, says Director Olavi Raunio from Adven.
Less steam and smaller emissions
Finnfeeds Finland is a subsidiary of E. I. du Pont de Nemours and Company, and it produces betaine and other sugar beet originated products in their Naantali factory in Finland. Steam is an important part of the production process. Finnfeeds and Adven have agreed that Adven will deliver evaporation of betaine, glycerol and molasses as a service for Finnfeeds and will construct a new evaporation plant to conduct the service. Thanks to the new productions set up the use of steam at the factory decreases by almost 40%.
When the use of steam is reduced the carbon dioxide emissions of the production plant is decreased by 16 000 tons on an annual basis. This equals over one hundred million kilometers of private car driving.
- From the financial point of view this solution is clearly more beneficial for us than competing alternatives or the present mode. When the investment is Adven’s, we get cost savings from day one. If we had invested ourselves, the return on investment would have been very long. Adven was also the only partner, who was able to manage the whole chain from the solution to the operation and maintenance of the evaporation plant, says the Naantali plant manager Ville Kyläkoski.
Very often short payback time requirements are the biggest obstacles for energy efficiency investments within industries. However, Adven’s Evaporation service contract meets off customer’s balance sheet conditions also according to the US GAAP and IFRS. This project continues the long co-operation between Adven and DuPont in Hanko and Jokioinen, Finland.