Kaidi’s goal is to enable world-class bioenergy production in Finland. The company plans to build a biodiesel refinery in Kemi that will produce 200,000metric tons of biofuel per year, of which 75% will be biodiesel and 25% biogasoline.

Sunshine Kaidi New Energy Group, one of China’s largest biorefining actors and the owners of Kaidi Finland,  began the preparation and planning process of the Kemi biorefinery project in 2014.

Kaidi in China

Kaidi Finland is owned by the Chinese Sunshine Kaidi New Energy Group, a conglomerate that focuses on renewable energy production, energy products and environmental technology.  It is one of the largest biorefining actors in China.

Kaidi was established in 1992 and it currently has biomass-based power plant engineering and operations in 24 Chinese provinces and in Vietnam. Kaidi has an asset value of over 7 billion euros and approximately 8,000 employees. The group’s holding company is privately owned and individual subsidiaries are publicly listed in the Shenzhen stock exchange. Kaidi’s headquarters are located in Wuhan, Hubei, China.    

Kaidi’s business in China is divided into three units: Clean Power, Biofuel and New Material. The company’s strategy is to build 257 biomass power plants by 2022. Kaidi’s plans for extending their business to Europe have been years in the making. Finland’s progressive and ambitious biofuels policy, together with its vast biomass resources, make it the most attractive country to invest in for biofuel production in the Northern Hemisphere.

Environmental protection is a strong focus of Kaidi’s business in China. In order to promote environmentally friendly technologies and sustainable development practices through green energy services, the company is in cooperation with the United Nations Development Programme in China. Read more about the cooperation: http://www.cn.undp.org/content/china/en/home/ourwork/partners/-/sunshine-kaidi-.html