Business Wire

Boosting Local Waste Management: Sumitomo SHI FW and Woima Finland Oy Bring a Scalable, Easy-to-Deploy Power Plant Solution to the Global Waste-to-Energy Market

13.1.2021 09:00:00 EET | Business Wire | Press release

Share

Sumitomo SHI FW (SFW) and WOIMA Finland Oy (WOIMA) have signed an agreement to deliver the modular wasteWOIMA® waste-to-energy plants. SFW becomes a strategic investor in WOIMA, combining SFW’s renowned expertise in power technology, project execution and global reach with WOIMA’s innovative plant design.

The wasteWOIMA® plant is a unique solution for environmental issues of landfilling and growing municipal waste. It fits small and medium-size cities with local waste management and energy generation.

The plant utilizes robust grate combustion technology to safely treat a wide range of solid wastes, complying with the most stringent environmental standards. It serves a waste collection area of 100,000-500,000 people and converts from 30,000 up to 200,000 tons of non-recyclable waste annually into renewable electricity and heating or cooling.

The concept is scalable and allows for fast deployment: it has 1-4 combustion lines and is based on container-size modules. These workshop-fabricated and pre-assembled modules guarantee a high-quality, cost-effective solution with simple delivery and fast construction. Advanced plant automation and standardized maintenance ensure high plant reliability and reduced operating costs.

Tomas Harju-Jeanty, CEO, SFW: “WOIMA provides a solution to tackle the world’s growing waste challenge on a local level. WOIMA’s innovative solutions will become part of our core technology portfolio, and give us a wider ability to serve our existing and new customers as they seek to manage their waste and move away from fossil fuels.”

Henri Kinnunen, CEO, WOIMA Corporation: “Municipal solid waste is an abundant and under-utilized resource everywhere, and we provide a robust solution to manage it. SFW’s global presence and strong track record in the energy sector strengthens our capability to deliver wasteWOIMA® plants worldwide.”

About SFW

SFW is a provider of power, energy storage and environmental technologies and services for the global energy industry. We strive to provide sustainable energy solutions for a wide portfolio of customer needs in power generation, energy storage, and digital services. www.shi-fw.com

About WOIMA

WOIMA develops innovative modular, standardized solutions that enable the utilization of waste streams to their fullest potential, either as raw material or as energy. www.woimacorporation.com

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

SFW
Frank Ligthart
+358 40 5619612
frank.ligthart@shi-g.com

WOIMA
Henri Kinnunen
+358 40 835 8974
henri.kinnunen@woimacorporation.com

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Access Advance Welcomes Meta Platforms, Inc. and Alibaba Group to the Video Distribution Patent Pool3.7.2026 02:00:00 EEST | Press release

Access Advance LLC today announced that Meta Platforms, Inc., one of the world's largest distributors of video content across its Facebook, Instagram, Threads, and WhatsApp services, has joined the Video Distribution Patent Pool (VDP Pool) as a Licensee. Meta also joined both the HEVC Advance and VVC Advance pools as a Licensee. Alibaba Group, whose video infrastructure spans a wide range of video-based services across e-commerce, entertainment, and digital media platforms, was also announced as a VDP Pool Licensee this week. Meta and Alibaba joining the VDP Pool further reinforces the program’s market leading position in resolving the licensing issues around the use of modern video codecs, including VP9, AV1, HEVC and VVC, across all the diverse business models of internet video streaming. "A significant U.S.-based company like Meta joining as a Licensee is a milestone moment for the content distribution business and the VDP Pool," said Peter Moller, CEO of Access Advance. "Meta reach

Kioxia Commences Sample Shipments of 10th-Generation BiCS FLASH™ Devices Delivering High Performance, High Capacity and Low Power Consumption3.7.2026 02:00:00 EEST | Press release

Kioxia Corporation, a world leader in memory solutions, today announced that it has commenced sample shipments of 1Tb (terabit) Triple-Level-Cell (TLC) memory devices utilizing its 10th-generation BiCS FLASH™ 3D flash memory technology.1 These will be primarily integrated into the company’s enterprise and data center SSDs, strengthening Kioxia’s lineup to meet the growing demand for AI storage, which requires higher performance, higher capacity, and lower power consumption. These new products will be manufactured using state-of-the-art equipment at Kioxia’s Kitakami Plant Fab2 facility in Iwate Prefecture, Japan. By leveraging innovative CMOS directly Bonded to Array (CBA) technology2 and On-Pitch Select Gate Drain (OPS) technology,3 both adopted since the 8th-generation BiCS FLASH™, the 10th-generation technology achieves a NAND interface speed of 4.8 Gb/s,4 a 33% improvement over the 8th generation. Bit density has increased by 59% by stacking 332 layers and improving lateral density

Bending Spoons S.p.A. announces closing of initial public offering2.7.2026 21:35:00 EEST | Press release

Bending Spoons S.p.A. (“Bending Spoons”), a leading technology company, today announces the closing of its initial public offering of an aggregate of 57,971,015 of its ordinary shares, at an initial public offering price of $29.00 per share. The offering consisted of 34,398,640 shares sold by Bending Spoons and 23,572,375 shares sold by certain selling shareholders (the “Selling Shareholders”). The gross proceeds from the offering to Bending Spoons, before deducting underwriting discounts and commissions and other offering expenses, was approximately $953,917,285.50. Bending Spoons did not receive any proceeds from the sale of shares by the Selling Shareholders. Bending Spoons’ ordinary shares began trading on the Nasdaq Global Select Market on July 1, 2026 under the ticker symbol “BSP”. Goldman Sachs International, J.P. Morgan, and Allen & Company LLC are acting as joint lead book-running managers for the offering. Wells Fargo Securities, BofA Securities, Jefferies, Evercore ISI, BNP

Strategic Partnership Between Record Asset Management and Admicasa2.7.2026 20:00:00 EEST | Press release

RAM Swiss Holding AG is a subsidiary of LSE-listed Record Financial Group (Record) and part of the Record Asset Management (RAM) group of companies. The partnership is a milestone in the growth of Admicasa and marks an important step in the continued expansion of Record’s private markets platform. Subject to regulatory approval, the agreement, signed on 1st July 2026, provides RAM Swiss Holding AG with a 50% participation in the Admicasa Fondsleitung AG, part of Admicasa, and establishes a long-term partnership to develop investment opportunities in the Swiss and Global real estate market with a plan to expand into other asset classes in the medium term. RAM is the European asset management arm of Record, the LSE-listed specialist investment group managing USD 115 billion of assets on behalf of institutional clients worldwide. Record's client base comprises pension funds, foundations, sovereign institutions and other asset managers, with whom it has built long-standing relationships th

IQM Quantum Computers Becomes First European Quantum Computing Company Listed on a Major U.S. Exchange2.7.2026 17:47:00 EEST | Press release

IQM Quantum Computers (Nasdaq: IQMX) (“IQM”, “IQM Quantum Computers” or the “Company”), a global leader in full-stack superconducting quantum computers, today became a publicly traded company following the completion of its business combination with Real Asset Acquisition Corp. (“RAAQ”). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260702960460/en/ IQM Quantum Computers Becomes First European Quantum Computing Company Listed on a Major U.S. Exchange The company’s American Depositary Shares begin trading today on the Nasdaq Global Select Market under the ticker symbol “IQMX”. The listing marks a major milestone for IQM establishing the company as the first European quantum computing company listed on a major U.S. stock exchange. Due to the proceeds of the transaction, IQM maintains a strong pro forma cash position of EUR 337 million. IQM enters the public markets with strong commercial momentum and a rapidly expanding globa

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye