Kaidi first began planning the biofuel refinery in 2014 after the previous project by Vapo and Metsä Group was discontinued. Vapo and Metsä Group had planned to build a similar refinery in Ajos. This means that the city of Kemi is already well prepared for the planned refinery and has advanced the required permit applications. In 2016, Kaidi Finland planned to finalize the permit applications along with the design and modeling of the refinery. The building project would start in 2017 and the refinery would begin producing biofuel for commercial markets in 2019. In Oct 2016, Kaidi Finland has signed a contract with the city of Kemi to acquire a 32 hectare land area for the planned biofuel refinery. The project was put on hold until EU Renewable Energy Directive is implemented in Finnish law, which may happen 2020 or later.