As the first major Norwegian project, Biozin has received support from the EU Innovation Fund. The EUR 75 million grants is the largest project allocation from the EU to Norway in climate technology ever. Biozin will create the world's first full-scale plant for the production of advanced, drop-in biofuels for aircraft and road transport from waste from wood from a sawmill mainly.The plant, which will be located in Åmli in Agder, is expected to start production between 2026 and 2028. Biozin Holding is behind the project, but the company is wholly owned by Bergene Holm. Shell delivers the technology in the project as well as capital and expertise. Shell's IH2 technology is used for the first time in the project on a commercial scale. The technology enables the reuse of 80% of the carbon in the dry mass from the wood waste for use in light fuels such as aircraft.