{"id":177943,"date":"2026-06-29T07:37:00","date_gmt":"2026-06-29T05:37:00","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=177943"},"modified":"2026-06-26T16:43:28","modified_gmt":"2026-06-26T14:43:28","slug":"up-catalyst-advances-plans-for-commercial-graphite-production-in-finland","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/up-catalyst-advances-plans-for-commercial-graphite-production-in-finland\/","title":{"rendered":"UP Catalyst Advances Plans for Commercial Graphite Production in Finland"},"content":{"rendered":"\n\n
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\"Graphite
Graphite sample from UP Catalyst \u00a9 UP Catalyst<\/figcaption><\/figure><\/div>\n\n\n

Estonian deep-tech company UP Catalyst is advancing plans to produce battery-grade graphite and carbon nanotubes from CO\u2082 emissions in Finland. UP Catalyst and Finnish energy company Oulun Energia have signed a Letter of Intent for the utilisation of captured CO\u2082 emissions from one of Oulun Energia\u2019s facilities in Oulu, Finland. <\/strong><\/p>\n\n\n

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\"Rait
Rait Maasikas, CEO at UP Catalyst (left) and Kimmo Alatulkkila, Head of New Business at Oulun Energia (right) \u00a9 UP Catalyst<\/figcaption><\/figure><\/div>\n\n\n

UP Catalyst produces battery-grade graphite and carbon nanotubes from captured CO\u2082 emissions using CO\u2082 molten salt electrolysis technology. New facility, targeted to become operational in 2031, would support the production of approximately 20,000 tonnes of sustainable battery-grade graphite and carbon nanotubes annually. The project would help strengthen local supply chains and reduce Europe\u2019s dependence on imported graphite, which is needed for defence, e-mobility, and the green transition. <\/p>\n\n\n\n

Finland has emerged as a strategic location for UP Catalyst\u2019s scale-up due to its strong industrial base, availability of competitive clean energy, and growing importance within the European battery value chain.<\/p>\n\n\n\n

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\u201cFinland offers a very strong foundation for industrial scale-up, with a reliable energy grid, competitive clean energy, strong industrial infrastructure, and clear support for clean transition technologies. This collaboration is an important step in understanding how industrial CO\u2082 emissions, energy infrastructure, and local partnerships can help enable the next generation of critical raw material production in Europe,\u00a0\u201d said\u00a0Rait Maasikas, CEO at UP Catalyst<\/strong>.\u00a0<\/p>\n<\/blockquote>\n\n\n\n

Oulun Energia is one of Finland\u2019s largest energy companies, providing electricity, heating, and energy infrastructure services for households and industries. Through the collaboration, the parties will evaluate opportunities related to industrial integration, energy infrastructure, and the utilisation of captured CO\u2082 from Oulun Energia plants to support future large-scale production of sustainable carbon materials in\u00a0Oulu Industrial Park<\/strong>.<\/p>\n\n\n\n

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\u201cThe collaboration with UP Catalyst aligns with Oulun Energia\u2019s strategy, where we aim for strong growth through the green transition, as well as our mission to recycle materials and strengthen the vitality of Northern Finland. Through this collaboration we also seek to support greater sovereignty in critical materials and to help build new, sustainable industry in Finland,\u00a0\u201d said\u00a0Kimmo Alatulkkila, Head of New Business at Oulun Energia<\/strong>.<\/p>\n<\/blockquote>\n\n\n\n

The parties intend to explore the conditions for establishing UP Catalyst\u2019s first large-scale graphite production facility in Oulu, with a long-term vision of commencing construction before the end of the decade and targeting operations in the early 2031s. The collaboration aims to strengthen local battery material production and reduce dependence on imported fossil-based materials.\u00a0<\/p>\n\n\n\n

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\u201cUP Catalyst\u2019s decision to locate in Finland and to initiate project planning is the result of a long preparation process. Finland offers one of the most competitive environments in Europe for the development and commercialisation of sustainable innovations. Turning emissions into high-value materials and strengthening strategic supply chains is exactly what we need to remain globally competitive while meeting our climate targets,\u201d said\u202fMarkku Kivist\u00f6, Head of Industry, Cleantech at Invest in Finland, Business Finland<\/strong>.\u00a0<\/p>\n<\/blockquote>\n\n\n\n

 
Earlier this year, Business Finland granted UP Catalyst a EUR 47 million tax credit<\/strong> as part of the investment credit scheme for large investments aimed at a climate-neutral economy, supporting the company\u2019s planned expansion in Finland.<\/p>\n","protected":false},"excerpt":{"rendered":"

Estonian deep-tech company UP Catalyst is advancing plans to produce battery-grade graphite and carbon nanotubes from CO\u2082 emissions in Finland. UP Catalyst and Finnish energy company Oulun Energia have signed a Letter of Intent for the utilisation of captured CO\u2082 emissions from one of Oulun Energia\u2019s facilities in Oulu, Finland.  UP Catalyst produces battery-grade graphite […]<\/p>\n","protected":false},"author":114,"featured_media":177945,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","nova_meta_subtitle":"UP Catalyst produces battery-grade graphite and carbon nanotubes from captured CO\u2082 emissions using CO\u2082 molten salt electrolysis technology","footnotes":""},"categories":[5571],"tags":[10744,10416,20596,10743],"supplier":[27322,21887],"class_list":["post-177943","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-co2-based","tag-carboncapture","tag-circulareconomy","tag-electrocatalysis","tag-useco2","supplier-oulun-energia","supplier-up-catalyst"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/177943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/114"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=177943"}],"version-history":[{"count":1,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/177943\/revisions"}],"predecessor-version":[{"id":177946,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/177943\/revisions\/177946"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media\/177945"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=177943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=177943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=177943"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=177943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}