BioEnergo has been searching right location to planned bioconversion plant already for some time. From the beginning of 2019 Pori area has emerged as potential candidate. Discussions with Porin Prosessivoima Oy and Kemira Oyj turned the focus to Kaanaa industrial site, close to Pori. Kaanaa has all the services needed to bioconversion plant, site, steam, electricity, fresh water, a.o. The landlord at Kaanaa is Venator Oy. BioEnergo’s interest is to agree a rental agreement close to Porin Prosessivoima. A preferred site has been pointed out. The rental agreement negotiations with Venator progressed in good faith and a Letter of Interest was signed in 12.08.2019. ‘This is a great step forward’, says Timo Saini, chairman of BioEnergo.’We have been searching for an ideal location already for a long time. This is good, this is very good’, says Timo Saini. The Letter of Intent confirms the willingness of both parties to continue discussions to reach final agreement on site lease agreement.