NIB funds Topsoe's catalysis research for efficient biofuels production

29-06-2012

The Nordic Investment Bank (NIB) has made a commitment of DKK 250 million to support Topsoe’s research and development of catalysts and catalytic technologies, aimed primarily at efficient production of clean fuels and power generation. The research is focused on direct conversion of cellulosic biomass into fuels and green foundation chemicals.

The NIB is a triple-A credit-rated financial institution that services the eight Nordic and Baltic countries with long-term access to capital. Topsoe has created the Topsoe Catalysis Forum to facilitate non-confidential, open dialogue on catalytic advancements.
 

Investment will improve environment

“Haldor Topsoe’s research and development investment, which aims at lower levels of harmful emissions, is a very good example of a project that fulfils NIB’s mandate. This investment will help improve the environment and kick start innovation in a variety of industries,” says Henrik Normann, NIB President and CEO.