Displaying items by tag: Business Finland

Finland: Kuusakoski is planning to spend over Euro4m towards building a new composite shredding and treatment plant at Hyvinkää. The investment includes the renovation of a building that currently exists at the Kuusakoski Hyvinkää site, as well as the construction of the new processing line. The new plant will consist of two shredders, several covered conveyors, a magnet and a dust control system. 35% of the spend will be financed by Business Finland from RRF (Recovery and Resilience Facility) funding. Commissioning is scheduled by the end of 2025.

Mikko Kuusilehto, the president and chief executive officer of Kuusakoski, said "Our investment brings the circular economy solution piloted in Germany to Finland. With it, we can provide the best industrial scale recycling process for composite materials locally." He added, "The demand for a recycling solution for composites is rising already, as the amount of composite waste will increase: wind turbines, airplanes, boats and other vehicles contain considerable and increasing amounts of composites."

The shredded composite material will be supplied to cement plants for use as an alternative fuel.