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Valmet in circular
economy
Contents
 Circular economy in brief
 Valmet’s position in circular
economy
 How Valmet applies circular
economy
 Enabling circular economy
for customers
 Driving circular economy in
own operations
13 June, 2017 © Valmet | Circular economy2
Circular economy in brief
From linear to circular chains
 A circular economy aims to keep products,
components and materials in a continuing
cycle instead of disposal.
 Waste is minimized or eliminated for
example through using side streams in other
applications, processes or even industries.
 Circular economy creates new business
potential across industries through more
efficient use of material flows.
13 June, 2017 © Valmet | Circular economy3
Waste
Linear economy Circular economy
Production
Distribution
Consump
tion
Re-use,
repair,
recycle
Waste
menagement,
resource
recovery
Consumption
Distribution
Production
Resource
extraction
13 June, 2017 © Valmet | Circular economy4
Valmet’s mission is to
convert renewable resources
into sustainable results
Circular economy is inbuilt in
Valmet’s solutions
Valmet’s solutions enable its customers to apply
circular economy
13 June, 2017 © Valmet | Circular economy5
Utilization of renewable raw
materials by customer
Process technology and services
provided by Valmet
We apply circular economy in Valmet’s own and
customer operations in different ways
13 June, 2017
© Valmet | Circular economy
6
Resource efficiency
Refers to the efficient use of resources, so that the amount of recources
(materials, energy, water, chemicals) needed to produce the products can
be reduced.
Closed cycles
Refers to material flows within one production unit/organization/industry
aiming at creating closed loop systems with no waste.
Longer circulation
Refers to cycles where materials last longer, e.g. their lifecycles are
extended, through e.g. more efficient recycling.
Cascaded use across industries
Refers to material flows cascading from one value chain/industry to another
e.g. by using sidestreams from one value chain/industry as inputs into
another industry.
Main circular economy themes from customers’
point-of-view
Resource efficiency
 Improvement and optimization
of resource efficiency
 Flexible energy production
Closed circles
 Chemical and energy recovery
Longer circulation
 Design enabling reuse and conversion
 Maintenance and modernization of production technology
Cascaded use across industries
 New bio-based products
13 June, 2017 © Valmet | Circular economy7
1
1
2
3
4
5
6
23
4
5
6
1. Improvement and optimization of resource
efficiency
Concrete examples:
 Significant savings in energy, water and raw
materials in paper making technologies e.g.
OptiConcept M paper and board machines,
Advantage DCT and Advantage NTT tissue
machines
 Measurement solutions and industrial internet
enable data analytics to detect production
inefficiencies and optimize material use
 Performance agreements provide a
comprehensive approach to improve mill wide
production efficiency
13 June, 2017 © Valmet | Circular economy8
Resource efficiency can be improved through technology,
automation and maintenance
2. Flexible energy production
Concrete examples:
 Waste-to-energy solutions by fluidized bed boiler
and gasification technologies enable efficient
energy recovery
 Fuel flexibility with multi-fuel boilers, which can
operate on fuel mixtures ranging from 100 % coal
to 100% biomass
 Wider use of fuel sources by fluidized bed boilers,
which can utilize fuels with varying energy value
and moisture content
13 June, 2017 © Valmet | Circular economy9
Valmet’s energy production technologies reduce the need for
non-renewable fuels and the amount of waste
3. Chemical and energy recovery
Concrete examples:
 Recovery island enables efficient recovery of
chemicals and energy in a pulp mill
 Sulphur recovery from odorous gases enables on-
site production of sulphuric acid
 Internal recovery and recycling solutions in
production processes e.g. condensate water
recycling and paper pigments recovery
13 June, 2017 © Valmet | Circular economy10
On-site recovery of energy and chemicals allows materials to
circulate longer and reduces the need for virgin materials
4. Design enabling reuse and conversion
Concrete examples:
 Paper machines can be converted to produce
board or other paper grades
 Modular design of machines and plants make it
possible to replace individual machine parts
 Machines can be dissembled and reassembled in
another location
 Flexible design enables changes based on market
needs (e.g. Advantage NTT, multi-fuel boilers)
 Modular I/O-cards(* enable system updates without
the need to update the core system
13 June, 2017 © Valmet | Circular economy11
Modular design and smart engineering enable the use of
same equipment for other uses
*) I/O-cards = input / output cards
5. Maintenance and modernization of production
technology
Concrete examples:
 Preventive maintenance can be planned utilizing
big data analytics e.g. in roll maintenance
 Refiner segments, rolls and certain wear parts are
refurbished and used again and again
 Individual process parts or complete mills and
power plants can be modernized to extend the life
time
 Boilers can be modified to use another fuel e.g.
from coal to biomass
13 June, 2017 © Valmet | Circular economy12
Equipment lifetime can be significantly prolonged with well
planned maintenance and partial replacements
6. New bio-based products
Concrete examples:
 LignoBoost technology makes it possible to extract
lignin from pulping process side stream, and lignin
can be used as raw material for bio-based
materials and chemicals
 Technologies for bioethanol, biocoal and bio-oil
production help to replace non-renewable fuels
and materials
13 June, 2017 © Valmet | Circular economy13
Solutions for new bio-based products decrease the need for
non-renewable materials
Valmet’s way to apply circular economy in its
own operations
13 June, 2017 © Valmet | Circular economy14
1
2
3
4
5
Resource efficiency
 Continuous improvement of resource efficiency
 Maximum utilization of metals
 Resource efficient supply chain
 Shared use of assets
Longer circulation
 Preventive maintenance1
2
3
4
5
Valmet’s own operations
Concrete examples:
 Energy audits, quality and environmental
standards, and LEAN principles are applied to
improve efficiency of production operations
 Majority of metals sourced is recycled and
internally reused e.g. in foundries
 Resource efficiency and good environmental
management are required from suppliers
 Laboratory and piloting facilities are shared with
customers
 Preventive maintenance prolongs the life time of
production equipment
13 June, 2017 © Valmet | Circular economy15
Efficient use of metals and other raw materials in own
production and supply chain
Selected cases
OptiConcept M modular board and paper
production line
13 June, 2017 © Valmet | Circular economy17
A completely new, modular way to build a board or paper machine with
• significant savings in energy, water and raw-material usage
• built-in safety and usability
• smaller carbon footprint through compact design
OptiConcept M modular board and paper
production line
13 June, 2017 © Valmet | Circular economy18
A completely new, modular way to build a board or paper machine with
Built-in safety
and usability
Smaller carbon footprint
through compact design
Savings in energy,
water and raw-materials
30%
lower energy consumption
compared to average
Less fiber through
light-weight end product
30%
Saving in fresh water
consumption
Safe and easy daily operations:
70% fewer stairs
compared to conventional machine
85%
fewer platforms compared to
conventional machine
Safe daily maintenance
no need to remove walkway parts
during fabric changes or other
maintenance work
Up to 40%less
hall space
Up to
430 000 kg
less CO2 emissions
Corresponds to a car
driving around the world
61times
Advantage NTT tissue production line
13 June, 2017 © Valmet | Circular economy19
Advantage NTT brings unique flexibility to tissue production with
• Fast change from production of plain to textured tissue
• Unlimited possibilities for product variations
• Premium quality
• High capacity and efficiency
• Significant savings in energy and fiber
Advantage NTT tissue production line
13 June, 2017 © Valmet | Circular economy20
Advantage NTT brings unique flexibility to tissue production
Plain and textured
tissue production
3 hours’
swing from plain
to textured mode
Unlimited possibilities
for product
variations
50–80%
higher bulk plain mode
High softness
Improved water
absorbency
Energy less than
50%
vs. TAD in textured mode
Energy
less or equal
vs. DCT in plain mode
Fiber savings
10–20%
Premium quality
High capacity and
efficiency
Flexibility
Energy and fiber
savings
180 tpd
plain mode
(2.6 m wide machine)
2,000 m/min
plain mode
1,800 m/min
textured mode
Valmet IQ quality management solution
13 June, 2017 © Valmet | Circular economy21
A comprehensive quality management product family for pulp, paper,
board and tissue production with
• Significant savings in energy, water and raw-material usage
• Consistent end product quality
• Single-window view to optimized machine performance
Valmet IQ quality management solution
13 June, 2017 © Valmet | Circular economy22
A comprehensive quality management product family for pulp, paper,
board and tissue production
Consistent
end-product quality
Single-window view to optimized
machine performance
Savings in energy,
water and raw materials
Up to
40%
less reject in grade changes
Annual energy savings up to
600,000 €
Up to
75%
lower maintenance costs
Consistent quality and up to
10%
increase in production
with QCS upgrade
Accurate and stable sheet
quality in demanding
conditions
End product quality
stabilized through one
optimizer for all production
and quality variables
Easy access to
information for operators
Easy usability and
transparent view into
process
Integrated machine vision
solution to identify defects
and quality flaws
Performance Agreements for board and
paper production lines
13 June, 2017 © Valmet23
Customized improvement programs for the competitiveness and
profitability of the production line
• Guaranteed results based on common targets and systematic development
• Benchmarking and finding best practices
• New insights through audits
Performance Agreements for board and
paper production lines
13 June, 2017 © Valmet24
Benchmarking and
best practices
New insights
through audits
Guaranteed results
based on agreed targets
Typically 4-7 days
more availability
Typical production increase
3-10%
Up to 7%
energy savings
Comparison to worldwide
benchmarking data
Access to Valmet’s
expertise and global
resources
Continuous improvement
through prioritized actions
Identifying bottlenecks and
pointing out focus issues
Typical payback time
6-12 months
Experts are always
close – on-site or
remotely
Customized improvement programs for the competitiveness and
profitability of the production line
Valmet’s multifuel power boilers
13 June, 2017 © Valmet | Circular economy25
With HYBEX and CYMIC boilers, fossil fuels can be replaced with renewables
in continuously varying proportions. Our multifuel solutions offer
• Fuel flexibility
• High efficiency
• High reliability
• Low emissions
Valmet’s multifuel power boilers
13 June, 201726
Possibility to choose
the most economic fuel
mixture available in the
market
From biomass to waste
and coal in any
combination
Possibility to maximize
use of low-carbon fuels
Typical boiler efficiency
well over 90%
regardless of fuel
High boiler efficiency
means lower CO2
emissions
High electrical
efficiency even on
demanding fuels*
Low primary emissions due
to reasonably low
combustion temperature
Easy NOx and SO2
control
by injecting ammonia and
limestone into the boiler
Reduced CO2
emissions with low-
carbon fuels
High efficiency High reliabilityFuel flexibility Low emissions
Typically over
99% of scheduled
operation time
High reliability even
with demanding fuels
Over 30 years
experience in developing
boiler technology and
components in
own R&D centers
* based on high steam temperature and pressure
With HYBEX and CYMIC boilers, fossil fuels can be replaced with renewables
in continuously varying proportions. Our multifuel solutions offer:
© Valmet | Circular economy
Gasification technology for biomass and waste
13 June, 2017 © Valmet | Circular economy27
Valmet’s gasification technology converts biomass, recycled materials and
waste into product gas. The gas can then be burned into energy in a
power boiler or a lime kiln with
• excellent electrical efficiency
• minimized carbon footprint
• possibility to connect as co-gasifier to existing power boiler
Gasification technology for biomass and waste
13 June, 2017 © Valmet | Circular economy28
Minimized carbon footprint
Possibility to connect as co-
gasifier to existing boiler
Excellent electrical efficiency
Up to 60%
more electricity
from same amount of waste
compared to grate firing
Clean and corrosion free
operation even with high
steam parameters
In co-gasification, the
gasifier can replace
up to
100%
of fossil fuel
Valmet’s gasifiers use only
low-carbon fuels such as
biomass or waste
Economical and time-
efficient investment
Co-gasifier extends
existing boiler’s service life
Valmet’s gasification technology converts biomass, recycled materials and
waste into product gas. The gas can then be burned into energy in a
power boiler or a lime kiln with:
Minimal downtime
of existing energy production
LignoBoost lignin separation technology
for pulp mills
13 June, 2017 © Valmet | Circular economy29
LignoBoost separates lignin from kraft black liquor in pulp making
• Reducing the amount of lignin increases pulp production capacity
• Fossil fuels can be replaced with lignin to produce energy
• Lignin can become a new source of income for the pulp mill
LignoBoost lignin separation technology
for pulp mills
13 June, 2017 © Valmet | Circular economy30
LignoBoost separates lignin from kraft black liquor in pulp making
Fossil fuels replaced
with lignin to produce energy
New sources of income
for the pulp mill
Increased pulp
production capacity
Up to
25%
more pulp by removing
25%
of the lignin
in the black liquor
50 liters
of oil saved
per ton of produced pulp when
firing lignin in the lime kiln
Lignin is a
CO2
neutral fuel
Green energy from
lignin can be profitably
sold to the power grid
Lignin can be sold as fuel in
the form of pellets or powder
Lignin can be sold as
raw material for bio
products and chemicals
Valmet in Circular Economy

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Valmet in Circular Economy

  • 2. Contents  Circular economy in brief  Valmet’s position in circular economy  How Valmet applies circular economy  Enabling circular economy for customers  Driving circular economy in own operations 13 June, 2017 © Valmet | Circular economy2
  • 3. Circular economy in brief From linear to circular chains  A circular economy aims to keep products, components and materials in a continuing cycle instead of disposal.  Waste is minimized or eliminated for example through using side streams in other applications, processes or even industries.  Circular economy creates new business potential across industries through more efficient use of material flows. 13 June, 2017 © Valmet | Circular economy3 Waste Linear economy Circular economy Production Distribution Consump tion Re-use, repair, recycle Waste menagement, resource recovery Consumption Distribution Production Resource extraction
  • 4. 13 June, 2017 © Valmet | Circular economy4 Valmet’s mission is to convert renewable resources into sustainable results Circular economy is inbuilt in Valmet’s solutions
  • 5. Valmet’s solutions enable its customers to apply circular economy 13 June, 2017 © Valmet | Circular economy5 Utilization of renewable raw materials by customer Process technology and services provided by Valmet
  • 6. We apply circular economy in Valmet’s own and customer operations in different ways 13 June, 2017 © Valmet | Circular economy 6 Resource efficiency Refers to the efficient use of resources, so that the amount of recources (materials, energy, water, chemicals) needed to produce the products can be reduced. Closed cycles Refers to material flows within one production unit/organization/industry aiming at creating closed loop systems with no waste. Longer circulation Refers to cycles where materials last longer, e.g. their lifecycles are extended, through e.g. more efficient recycling. Cascaded use across industries Refers to material flows cascading from one value chain/industry to another e.g. by using sidestreams from one value chain/industry as inputs into another industry.
  • 7. Main circular economy themes from customers’ point-of-view Resource efficiency  Improvement and optimization of resource efficiency  Flexible energy production Closed circles  Chemical and energy recovery Longer circulation  Design enabling reuse and conversion  Maintenance and modernization of production technology Cascaded use across industries  New bio-based products 13 June, 2017 © Valmet | Circular economy7 1 1 2 3 4 5 6 23 4 5 6
  • 8. 1. Improvement and optimization of resource efficiency Concrete examples:  Significant savings in energy, water and raw materials in paper making technologies e.g. OptiConcept M paper and board machines, Advantage DCT and Advantage NTT tissue machines  Measurement solutions and industrial internet enable data analytics to detect production inefficiencies and optimize material use  Performance agreements provide a comprehensive approach to improve mill wide production efficiency 13 June, 2017 © Valmet | Circular economy8 Resource efficiency can be improved through technology, automation and maintenance
  • 9. 2. Flexible energy production Concrete examples:  Waste-to-energy solutions by fluidized bed boiler and gasification technologies enable efficient energy recovery  Fuel flexibility with multi-fuel boilers, which can operate on fuel mixtures ranging from 100 % coal to 100% biomass  Wider use of fuel sources by fluidized bed boilers, which can utilize fuels with varying energy value and moisture content 13 June, 2017 © Valmet | Circular economy9 Valmet’s energy production technologies reduce the need for non-renewable fuels and the amount of waste
  • 10. 3. Chemical and energy recovery Concrete examples:  Recovery island enables efficient recovery of chemicals and energy in a pulp mill  Sulphur recovery from odorous gases enables on- site production of sulphuric acid  Internal recovery and recycling solutions in production processes e.g. condensate water recycling and paper pigments recovery 13 June, 2017 © Valmet | Circular economy10 On-site recovery of energy and chemicals allows materials to circulate longer and reduces the need for virgin materials
  • 11. 4. Design enabling reuse and conversion Concrete examples:  Paper machines can be converted to produce board or other paper grades  Modular design of machines and plants make it possible to replace individual machine parts  Machines can be dissembled and reassembled in another location  Flexible design enables changes based on market needs (e.g. Advantage NTT, multi-fuel boilers)  Modular I/O-cards(* enable system updates without the need to update the core system 13 June, 2017 © Valmet | Circular economy11 Modular design and smart engineering enable the use of same equipment for other uses *) I/O-cards = input / output cards
  • 12. 5. Maintenance and modernization of production technology Concrete examples:  Preventive maintenance can be planned utilizing big data analytics e.g. in roll maintenance  Refiner segments, rolls and certain wear parts are refurbished and used again and again  Individual process parts or complete mills and power plants can be modernized to extend the life time  Boilers can be modified to use another fuel e.g. from coal to biomass 13 June, 2017 © Valmet | Circular economy12 Equipment lifetime can be significantly prolonged with well planned maintenance and partial replacements
  • 13. 6. New bio-based products Concrete examples:  LignoBoost technology makes it possible to extract lignin from pulping process side stream, and lignin can be used as raw material for bio-based materials and chemicals  Technologies for bioethanol, biocoal and bio-oil production help to replace non-renewable fuels and materials 13 June, 2017 © Valmet | Circular economy13 Solutions for new bio-based products decrease the need for non-renewable materials
  • 14. Valmet’s way to apply circular economy in its own operations 13 June, 2017 © Valmet | Circular economy14 1 2 3 4 5 Resource efficiency  Continuous improvement of resource efficiency  Maximum utilization of metals  Resource efficient supply chain  Shared use of assets Longer circulation  Preventive maintenance1 2 3 4 5
  • 15. Valmet’s own operations Concrete examples:  Energy audits, quality and environmental standards, and LEAN principles are applied to improve efficiency of production operations  Majority of metals sourced is recycled and internally reused e.g. in foundries  Resource efficiency and good environmental management are required from suppliers  Laboratory and piloting facilities are shared with customers  Preventive maintenance prolongs the life time of production equipment 13 June, 2017 © Valmet | Circular economy15 Efficient use of metals and other raw materials in own production and supply chain
  • 17. OptiConcept M modular board and paper production line 13 June, 2017 © Valmet | Circular economy17 A completely new, modular way to build a board or paper machine with • significant savings in energy, water and raw-material usage • built-in safety and usability • smaller carbon footprint through compact design
  • 18. OptiConcept M modular board and paper production line 13 June, 2017 © Valmet | Circular economy18 A completely new, modular way to build a board or paper machine with Built-in safety and usability Smaller carbon footprint through compact design Savings in energy, water and raw-materials 30% lower energy consumption compared to average Less fiber through light-weight end product 30% Saving in fresh water consumption Safe and easy daily operations: 70% fewer stairs compared to conventional machine 85% fewer platforms compared to conventional machine Safe daily maintenance no need to remove walkway parts during fabric changes or other maintenance work Up to 40%less hall space Up to 430 000 kg less CO2 emissions Corresponds to a car driving around the world 61times
  • 19. Advantage NTT tissue production line 13 June, 2017 © Valmet | Circular economy19 Advantage NTT brings unique flexibility to tissue production with • Fast change from production of plain to textured tissue • Unlimited possibilities for product variations • Premium quality • High capacity and efficiency • Significant savings in energy and fiber
  • 20. Advantage NTT tissue production line 13 June, 2017 © Valmet | Circular economy20 Advantage NTT brings unique flexibility to tissue production Plain and textured tissue production 3 hours’ swing from plain to textured mode Unlimited possibilities for product variations 50–80% higher bulk plain mode High softness Improved water absorbency Energy less than 50% vs. TAD in textured mode Energy less or equal vs. DCT in plain mode Fiber savings 10–20% Premium quality High capacity and efficiency Flexibility Energy and fiber savings 180 tpd plain mode (2.6 m wide machine) 2,000 m/min plain mode 1,800 m/min textured mode
  • 21. Valmet IQ quality management solution 13 June, 2017 © Valmet | Circular economy21 A comprehensive quality management product family for pulp, paper, board and tissue production with • Significant savings in energy, water and raw-material usage • Consistent end product quality • Single-window view to optimized machine performance
  • 22. Valmet IQ quality management solution 13 June, 2017 © Valmet | Circular economy22 A comprehensive quality management product family for pulp, paper, board and tissue production Consistent end-product quality Single-window view to optimized machine performance Savings in energy, water and raw materials Up to 40% less reject in grade changes Annual energy savings up to 600,000 € Up to 75% lower maintenance costs Consistent quality and up to 10% increase in production with QCS upgrade Accurate and stable sheet quality in demanding conditions End product quality stabilized through one optimizer for all production and quality variables Easy access to information for operators Easy usability and transparent view into process Integrated machine vision solution to identify defects and quality flaws
  • 23. Performance Agreements for board and paper production lines 13 June, 2017 © Valmet23 Customized improvement programs for the competitiveness and profitability of the production line • Guaranteed results based on common targets and systematic development • Benchmarking and finding best practices • New insights through audits
  • 24. Performance Agreements for board and paper production lines 13 June, 2017 © Valmet24 Benchmarking and best practices New insights through audits Guaranteed results based on agreed targets Typically 4-7 days more availability Typical production increase 3-10% Up to 7% energy savings Comparison to worldwide benchmarking data Access to Valmet’s expertise and global resources Continuous improvement through prioritized actions Identifying bottlenecks and pointing out focus issues Typical payback time 6-12 months Experts are always close – on-site or remotely Customized improvement programs for the competitiveness and profitability of the production line
  • 25. Valmet’s multifuel power boilers 13 June, 2017 © Valmet | Circular economy25 With HYBEX and CYMIC boilers, fossil fuels can be replaced with renewables in continuously varying proportions. Our multifuel solutions offer • Fuel flexibility • High efficiency • High reliability • Low emissions
  • 26. Valmet’s multifuel power boilers 13 June, 201726 Possibility to choose the most economic fuel mixture available in the market From biomass to waste and coal in any combination Possibility to maximize use of low-carbon fuels Typical boiler efficiency well over 90% regardless of fuel High boiler efficiency means lower CO2 emissions High electrical efficiency even on demanding fuels* Low primary emissions due to reasonably low combustion temperature Easy NOx and SO2 control by injecting ammonia and limestone into the boiler Reduced CO2 emissions with low- carbon fuels High efficiency High reliabilityFuel flexibility Low emissions Typically over 99% of scheduled operation time High reliability even with demanding fuels Over 30 years experience in developing boiler technology and components in own R&D centers * based on high steam temperature and pressure With HYBEX and CYMIC boilers, fossil fuels can be replaced with renewables in continuously varying proportions. Our multifuel solutions offer: © Valmet | Circular economy
  • 27. Gasification technology for biomass and waste 13 June, 2017 © Valmet | Circular economy27 Valmet’s gasification technology converts biomass, recycled materials and waste into product gas. The gas can then be burned into energy in a power boiler or a lime kiln with • excellent electrical efficiency • minimized carbon footprint • possibility to connect as co-gasifier to existing power boiler
  • 28. Gasification technology for biomass and waste 13 June, 2017 © Valmet | Circular economy28 Minimized carbon footprint Possibility to connect as co- gasifier to existing boiler Excellent electrical efficiency Up to 60% more electricity from same amount of waste compared to grate firing Clean and corrosion free operation even with high steam parameters In co-gasification, the gasifier can replace up to 100% of fossil fuel Valmet’s gasifiers use only low-carbon fuels such as biomass or waste Economical and time- efficient investment Co-gasifier extends existing boiler’s service life Valmet’s gasification technology converts biomass, recycled materials and waste into product gas. The gas can then be burned into energy in a power boiler or a lime kiln with: Minimal downtime of existing energy production
  • 29. LignoBoost lignin separation technology for pulp mills 13 June, 2017 © Valmet | Circular economy29 LignoBoost separates lignin from kraft black liquor in pulp making • Reducing the amount of lignin increases pulp production capacity • Fossil fuels can be replaced with lignin to produce energy • Lignin can become a new source of income for the pulp mill
  • 30. LignoBoost lignin separation technology for pulp mills 13 June, 2017 © Valmet | Circular economy30 LignoBoost separates lignin from kraft black liquor in pulp making Fossil fuels replaced with lignin to produce energy New sources of income for the pulp mill Increased pulp production capacity Up to 25% more pulp by removing 25% of the lignin in the black liquor 50 liters of oil saved per ton of produced pulp when firing lignin in the lime kiln Lignin is a CO2 neutral fuel Green energy from lignin can be profitably sold to the power grid Lignin can be sold as fuel in the form of pellets or powder Lignin can be sold as raw material for bio products and chemicals