“Wood fuels play a key role in the transition from fossil fuels. Through the joint venture, we will be able to serve customers in a geographically wider area and develop our services and operations more efficiently”, says Sirpa Huopalainen, General Counsel at Lassila & Tikanoja.
“The companies have few overlapping activities related to wood procurement. L&T Biowatti will bring solid know-how and existing supply channels for domestic wood and recycled wood to the joint venture. In addition to the Finnish wood supply chain, Neova has ready-made channels for importing fuel wood from Russia and the Baltic countries, as well as its own organisation in Estonia”, says Vesa Tempakka, CEO of Neova Oy.
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