Friday, March 18, 2016

China’s Kaidi to build $1.1 billion biodiesel plant in Finland

Chinese energy company Sunshine Kaidi New Energy Group planned to invest about 1 billion euros ($1.1 billion) in a new biodiesel plant in northern Finland.
  • The plant would use wood as its main raw material and it is scheduled to start operations in the city of Kemi by the end of 2019.
Key points:
  • China Capital: Beijing
  • China Currency: Renminbi (yuan)
  • China President: Xi Jinping

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