Sermet Oy News

Wärtsilä Expands Into Biopower and Acquires an Established Company

Wärtsilä will expand its power plant range to include biomass fuelled plants. company Sermet Oy, which specializes in small and medium-sized boiler plants running on biofuels, oil and gas. Sermet's net sales in 2001 is expected to total approximately EUR 20 million and the result to be on a good level. By acquiring Sermet, Wärtsilä strengthens its position as a supplier of decentralized power plant solutions. Demand for power plants running on fuels from renewable energy sources is growing strongly. approximately 1,000 MW. There is a large market potential in the developing countries. equipment suppliers, but not yet companies that supply small power plants globally. is a front-line biomass combustion know-how base in the market.