Market Research Sweden - Biofuels Market in Sweden 2009

Biofuels Market ‐
Biofuels Market Sweden
October 2009

Executive Summary

 Energy supplied by biofuels in the Swedish market stood at 120 TWh in 2007 and is forecasted to
rise to 144 TWh in 2030 and 230 TWh in 2050
Market  The Swedish bio‐fuels market is dominated by
– Ethanol, Biodiesel and Biogas
, g

Drivers Challenges
 Cost Incentives  Resistance from the Swedish Forestry
 Fluctuations in Crude Oil Prices Industry
 Support for Green Car Owners F d
Food vs. Fuel Issue
F lI
Drivers &
 High Growth in Ethanol Vehicles  Hurdles with Biogas Supply
Challenges
 Biofuels Market Being Dominated by Imports

 Cli t
Climate and Energy Policy
dE P li
Government  Biogas Vast Project
Initiatives  Research and Development Projects
 Other Policies Towards Developing the Industry
 The market is highly fragmented and comprises of few large players
 Large scale imports has led to the growth of a number of small players
Major Players Ethanol BIodiesel Biogas
Major Players Lantmannen Agroetanol Lantmannen Ecobransle Lackeby Water Group
SEKAB Perstorp BioProducts Malmberg

BIOFUELS MARKET – SWEDEN.PPT 2

•Introduction
•Market Overview
•Market Overview
•Drivers & Challenges
•Government Policies and Investments
•Major Players
•Key Developments


The European Union biofuels market has been growing strongly
with Germany and France being the market leaders
Overview Biodiesel
•On 23 January 2008, the EU proposed that the ‘000 MT Germany is
overall energy target would stand at 10,000 the largest
producer Production
 20% renewable energy use by 2020 8,000
 10% minimum target for the market share of 6,000
biofuels by 2020
4,000
•The EU has set a target of incorporating 5.75%
g p g Imports
p
2,000
2 000
biofuels in transportation by 2010 Exports
0
2006 2007e 2008e 2009f 2010f

Segmentation of Usage in Transportation Bioethanol

5% ‘000 MT France is the
Biodiesel 3,000 largest
20% producer Production
Bioethanol 2,500
Vegetable Oils
V t bl Oil 2,000
1,500 Imports
75% 1,000
500
Exports
0
NOTE: Biogas accounts for a negligible share 2006 2007e 2008e 2009f 2010f


Major European initiatives towards developing the biofuels
market
1992: CAP allowed for non‐food crops to 2003: Biofuels Directive ( indicative targets 2% by 2005,
be grown on set‐aside land without 5.75% by 2010)
losing the set‐aside premium. The Energy Taxation Directive
amount of oilseeds grown on set‐aside Revision of Fuel Quality Directive (gasoline norms)
land is controlled by the Blair House Revision of diesel norms & Biodiesel quality norms
Agreement. CAP Reforms (change in energy crop premium)

1990 1995 2000 2005 2008

• 1992: • 1997: • 2000: • 2006: • 2008: Drafted
Introduction
Introduction White paper
White paper Green paper
Green paper EU’s Biofuels
EU’s Biofuels renewable
renewable
of the on renewable on energy Strategy energy
Common energies supply directive
Agricultural security
Policy (CAP)

2007: Renewables Roadmap and Revision of Biofuels Directive
Revised Fuel Quality Directive – up to 10% ethanol blending; reduction in greenhouse
Revised Fuel Quality Directive up to 10% ethanol blending; reduction in greenhouse
gas emission from transport fuel by 1% per year between 2010 and 2020


•Introduction
•Market Overview
•Market Overview
•Major Players
•Key Developments


Bioenergy market in Sweden has developed due to major
government initiatives
Overview Bioenergy Share of Total Energy Use
•Bioenergy share has increased by 3% since %
1970 30 28
•About 90% of bioenergy used in Sweden +3% 24
20
comes from the forestry sector 20
15
•The share of bioenergy derived from the 9
11
10
agricultural sector is small at present
agricultural sector is small at present
 In total, around 2% of Sweden's arable land is 0
used solely for energy production 1970 1980 1990 2000 2004 2007

Primary Uses of Bioenergy Electricity Consumption Mix
TWh
Applicability of Bioenergy 1,370
1,400
+7% Wind
1,200
35% Hydro
1,000
Biomass
800 704 Photovoltaic
28%
600 504 537 25% Geo Thermal
14% 15%
Heating 400 18% Others
Electricity Used as Fuel 69% 66%
51%
200 3%
Generation Purposes 19% 1%
13%
0 16% 1% 17% 1% 4%
2%

2005 2006 2010e 2020e


Biofuels contribution to total energy consumption in Sweden has
been rising and is expected to grow in the future
Overview Total Energy Supplied by Biofuels
• The total energy share contributed by biofuels has
TWh
risen by 32% over 2003‐07 +3%
150
• In absolute terms, energy generated has increased by 116 120
105 108 109
3% over the same period
100
• The Swedish bio‐fuels market is dominated by
 Ethanol 50
 Bi di l
Biodiesel
 Biogas 0
2003 2004 2005 2006 2007

Biofuel Share of total energy Rise in Energy Supplied by Biofuels

% TWh
4.00 250 +2% 230
4 +32%
3.10 200 +1%
3
2.28 2.23 144
150 120
2
1.32 100
1 50
0
0 0
2003 2004 2005 2006 2007 2007 2030e 2050e


Ethanol is the most widely used biofuel in Sweden, supply is
largely driven by imports Ethanol

Overview Total Supply
•Ethanol is the most common liquid biofuel in Production
Sweden MT Import
p
500
•It accounts for approximately 90% of all liquid 500 460
14%
biofuel used in 2008 400 334 22%
316
300 19% 21%
•Largest consumer of bioethanol in the EU
200 86%
 80% of total imports mostly from Brazil is
80% of total imports, mostly from Brazil, is 78%
81% 79%
consumed in Sweden 100
0
2006 2007 2008 2009
Segmentation of Production Base Quantity of Feedstock Used
Wheat
Cereals MT
20% Barley 598,000
Wood
600,000 Rye
413,000
400,000 320,000 336,000 79%
80%
200,000 81% 80%

80% 9% 10% 10% 12% 8% 15% 6%
0 9%
2006 2007 2008 2009


Biodiesel market in Sweden has shown promising growth due to
various policies and the availability of feedstock Biodiesel

•Biodiesel can be produced from different Production
vegetable oils MT p
Import
150 140
•In Sweden, biodiesel is mainly produced in the 120 120
form of RME (rape methyl esther) from rape
100
seed oil 58% 71%
60 67%
•Since 2006, biodiesel is blended at 5% with
•Since 2006 biodiesel is blended at 5% with 50 33%
fossil diesel in the county 67% 42% 33% 29%
0
•Government initiatives has allowed this 2006 2007 2008 2009
segment to grow Quantity of Feedstock Used
V i
Various tax exemption on bio‐diesel
i bi di l
 Extensive plans towards developing new bio‐ Rapeseed Oil
MT
diesel plants
150,000 132,000
 In order to enhance domestic usage, the
110,000
Government plans on implementing a new EU
Government plans on implementing a new EU
100,000
biofuel directive which is expected to increase the 64,000
blending level from the existing 5% to 7% by July
50,000 36,000
1, 2010
0
2006 2007 2008 2009


Biogas market in Sweden has grown steadily and is still in a
nascent stage with major potential Biogas

•Total biogas potential from domestic residual
‘000 tonnes of oil eq./yr
products is 10.6 TWh/year
20
 This is equivalent to 12% of the energy 15 16
consumption attributable to road transport 15 14
11
•Potential for biogas produced from the 10 9
residual products of forest industry is
p y 5
estimated to be 59 TWh/year
0
•Biogas is expected to develop further 2003 2004 2005 2006 2007
 Biogas offers the largest reduction in greenhouse
gases compared to other biofuels
gases compared to other biofuels
Potential: Domestic Residual Products
 Gaining large scale acceptance as vehicle fuel that
generates the least emissions of greenhouse
10%
gases
7% Agriculture
 Since it is produced from waste and residual
Food Waste
Food Waste
products, it avoids any competition with food 7%
Sewage Sludge
production
Food Industry
•It is expected to be capable of supplying fuel and other sectors
to ~ 20% of the vehicle fleet in Sweden by 76%
2020


•Introduction
•Market Overview
•Market Overview
•Major Players
•Key Developments


Drivers and Challenges

Drivers
Challenges
Cost Incentives
Cost Incentives Resistance from the Swedish Forestry
R i f h S di h F
Industry
Fluctuations in Crude Oil Prices
Food vs. Fuel Issue

Support for Green Car Owners
Hurdles with Biogas Supply

High Growth in Ethanol Vehicles

Biofuels Market Being Dominated by
i f l k i i db
Imports


Constantly increasing taxes on conventional fuels will boost the
usage of biofuels
Cost Incentives Impact
• The Swedish taxation policy is creating demand for biofuels
• Two types of taxes are levied on the use of fuels
 Fiscal Taxes: This includes the general tax
 Environmental Taxes: Includes taxes on CO2, SOx and NOx emission
• The taxation level has been constantly increasing in order to propagate the use of biofuels and
towards reducing the level of greenhouse gasses emitted
Conventional Gas Diesel Oil

USD/liter Energy Tax USD/liter +22%
CO2 Tax 0.79
1.5 +5% 0.8
0.65
0 65 0.19
1.01 VAT
0.96 0.6 0.17
1.0
0.43 0.45 0.4 0.44
0.5 0.41
0.34 0.36 0.2
0.19
0 19 0.20
0 20 0.07
0 07 0.16
0.0 0.0
2008 2009 2008 2009

• All biofuels are tax‐free till 2013. They are exempted from energy tax and carbon dioxide tax
thus being a cost effective option for consumers


Feasibility in the usage of biofuels over ordinary fuels is expected
to drive the market
Fluctuations in Crude Oil Prices Impact
• Sweden does not produce crude oil and is thus completely dependent on imports for its
domestic petroleum needs
Petroleum Consumption
USD/barrel
600
‐1%
400

200

0
1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008

• The petroleum consumption levels have been steadily decreasing due to the recent volatility in
prices of crude oil
i f d il
• This has acted as a driver for the biofuels market as players are more inclined towards focusing
on developing alternative renewable fuel sources
Crude Oil Prices
USD/barrel
150

100
71.69
50

0
Sep‐07 Nov‐07 Dec‐07 Jan‐08 Feb‐08 Jul‐08 Sep‐08 Nov‐08 Dec‐08 Jan‐09 Feb‐09 Mar‐09 Apr‐09 May‐09 Jun‐09 Jul‐09 Aug‐09 Sep‐09


Support for green car owners will increase the demand for
vehicles operating on biofuels
Support for Green Car Owners Impact
• Many policies have been adopted towards creating incentives for prospective car buyers to
purchase a vehicle which runs on biofuel
• In 2006, a CO2 based vehicle tax was introduced in order to encourage the purchase of energy
efficient vehicles, thus reducing emissions in the transport sector
• Based on a legal act in April 2006, large fuel stations are required by law to offer at least one
alternate fuel
 The act applies to filling stations with a sales volume of more than 3 000 m³ of petrol or diesel
The act applies to filling stations with a sales volume of more than 3 000 m³ of petrol or diesel
 This includes ~15% of the total fuel stations amounting to nearly 4 000 filling stations
 A revision in policy is expected in order to encompass 60% of all filling stations to sell a renewable vehicle
fuel by 2010
• This was forwarded in order to enhance availability of fuel which will lead to a larger consumer
base demanding green cars
• Furthermore, private individuals purchasing a new eco‐friendly car between 1 April 2007 and 31
December 2009 are liable to receive a subsidy of USD 1,456.9
 The Government initially earmarked a total of USD 36.4 mn for subsidies, but this was increased in 2008 as
the demand for eco‐friendly cars was higher than expected
the demand for eco friendly cars was higher than expected
• State governments have also taken steps which is expected to develop this industry
 As of August 2007, a permanent congestion charge has been introduced in Stockholm. Green cars are
exempt from this charge


Booming market for ethanol vehicles will attract more players to
this sector
High Growth in Ethanol Vehicles Impact
• Ethanol cars being sold in Sweden has been growing dynamically at 95% over the last decade
• The government has been contributing to this rise through a directive which was passed on
February 1, 2009 stating that all cars purchased by the government authorities and 50% of
F b 1 2009 i h ll h db h h ii d 50% f
emergency services have to be environmentally friendly
Number of Ethanol Cars Sold in Sweden

146,976
+95%

57,628
25,868 35,499
717 1,926 1,669 1,074 17,232

2001 2002 2003 2004 2005 2006 2007 2008 2009

Segmentation of Green Cars in the Market

Biogas Hybrid Gasoline Diesel (emit <120 gm CO2/km)
Diesel (emit <120 gm CO2/km) Ethanol

4.3 12.9 12.8 68.4 100.0
1.6

• This acts as a major incentive for fuel manufacturers to develop new facilities producing biofuels
This acts as a major incentive for fuel manufacturers to develop new facilities producing biofuels
and the rise in demand is expected to continue in the future


Large imports of biofuels is expected to lead to players
producing biofuels domestically at lower costs
Biofuels Market Being Dominated by Imports Impact
• A major supply shortage exists in this sector as large fractions of biofuels are imported
• This provides strong opportunities for domestic players to develop indigenous facilities towards
manufacturing biofuels
f i bi f l
• This large scale demand will drive growth in domestic production allowing for players to supply
at a lower price allowing them to capture a large market share

Share of Ethanol Imported
Share of Ethanol Imported Share of Biodiesel Imported
Share of Biodiesel Imported

Ethanol Data 2006 2007 2008 2009 Biodiesel Data 2006 2007 2008 2009

Total Supply (MT)
pp y 316 334 500 460 Total Supply (MT)
pp y 60 120 120 140

Import Level (MT) 256 264 430 360 Import Level (MT) 40 50 40 40

Share Imported (%) 81 79 86 78 Share Imported (%) 67 42 33 29

• EU directives on the other hand have boosted interest among Swedish importers of biofuel
through their directive passed in April 2009
 It allowed ethanol imported from Brazil for use in E85 (for cars) and ED95 (for buses and trucks) fuels to be
categorized as a chemical product for blending with gasoline, thereby exempting the product from the much
higher duties that are imposed on imported agricultural products from third countries


Major barriers in the market include the resistance from the
forest industry and the usage of land to grow energy crops
Resistance from the Swedish Forestry Industry Impact
• A large fraction of the raw materials used to generate biofuels is attributed to the expansive
forests in Sweden
• There is a high risk of competition for forest land and forest raw materials being used for the
energy sector on the one hand and, on the other, the Swedish forest industry which accounts
for large export revenues and employment in Sweden’s rural areas
• This clash of interest will act as a challenge to a market with a strong potential for major growth
in the future
in the future

Food vs. Fuel Issue Impact
• In order to generate biofuels, agricultural land is often diverted from the production of food
crops to the production of energy crops
• This is a point of contention as more extensive cultivation of energy crops on arable land may
lead to a drop in food production
• Furthermore, the forest industry may experience difficult in obtaining forest raw material
• This issue can be addressed by developing more efficient second‐generation biofuels
 Second‐generation technology refers to the production of biofuels on a large scale from wood, grasses, or
non‐edible parts of plants


Infrastructural shortcomings leading to the inability to meet
demand for biogas is a challenge the market faces
Hurdles with Biogas Supply Impact
• Biogas production is unable to meet the constantly increasing demand in Sweden
• Many new filling stations are being developed however, the demand for biogas is still larger
than the supply in many regions
• One of the primary reasons hindering players from entering this segment is the uncertainty in
long‐term market demand
• The potential market in Sweden for biogas has not been tapped as it is time‐consuming and
costly to build a functioning distribution system
tl t b ild f ti i di t ib ti t
 New local and/or regional pipe networks are required to be laid for biogas, since the existing gas grid in
Sweden is limited to certain parts of the country


•Introduction
•Market Overview
•Market Overview
•Major Players
•Key Developments


Government Policies and Investments

Other Policies Towards
Developing the Industry Climate and Energy Policy

Key
Initiatives

Research and Development
Projects Biogas Vast Project


Government Policies and Investments (1/4)

Climate and Energy Policy

Targets to be Achieved by 2020 based on EU Directives
• 50% of total energy consumption will be via renewable energy
f l ll b bl
• Biofuels will account for 10 % of total fuel consumption in the transport sector
• In addition, by 2020, the EU is to achieve the goal of improving energy
efficiency by 20%
• 40% reduction in greenhouse gas emissions
d h
 Biofuels will play a major role as 30% of national emissions is accounted for by the
transportation sector

Initiatives Impact
p
• By July 2010, the government plans on • Major investments in research and
enhancing fuel efficiency by adhering to the development projects towards the
new EU fuel quality directive which allows for development of second‐generation technology
a mixture of up to 10% of ethanol and 7% of • On June 16, 2009 a Government Bill was
On June 16, 2009 a Government Bill was
biodiesel passed
• Further usage of economic instruments such  Target for 2030 – Swedish car fleet to be
as carbon dioxide tax independent of fossil fuels
• Improvement in the infrastructure for biofuel  Target for 2050 – Zero net emissions of greenhouse
gases into the atmosphere
gases into the atmosphere
supply



Biogas Vast Project

• The government has been taking initiatives towards the development of biofuel projects
through a public‐private partnership model
through a public‐private partnership model
• Biogas Vast is the world’s first regional project for biogas as vehicle fuel
Introduction
• It commenced in 2001
• Participants in the project include 30 privately and publicly owned companies, organizations,
public authorities and municipal authorities

• This project primarily pursues market development within biogas production, the distribution
Purpose and expansion of gas fuelling stations and the use of gas‐powered vehicles
• It is also focusing on developing better technology allowing for large scale exports

• In 2001
 There were 9 gas fuelling stations and ~ 800 biogas vehicles in western Sweden
Impact • By 2008
 The infrastructure in Western Sweden developed more than other regions in the country
The infrastructure in Western Sweden developed more than other regions in the country
 36 gas fuelling stations and ~ 7,000 vehicles and 8 facilities producing biogas for automotive purposes

• Investment in biogas facilities, the infrastructure, fuelling stations and pipelines have amounted
to ~ USD 97.6 mn
Investments
•IInvestment in the development of gas‐powered vehicles – cars, light transport vehicles, buses
t t i th d l t f d hi l li ht t t hi l b
and trucks stands at ~ USD 262.3 mn – USD 291.3 mn



Research and Development Projects

• The government has been constantly promoting the use of biofuels and environment‐friendly cars
Introduction
through large scale investments in R&D projects
through large scale investments in R&D projects

Major R&D Initiatives Funded by the Government
The Swedish Energy Agency pumped in USD 0.5 mn in Taurus Energy’s project towards developing pentose technology in order to
2007
increase the yield of ethanol by 40%
Total investment aid for the development of renewable energy stood at USD 64.6 mn out of which 37% was accounted for by
2007
biofuel development
The Swedish Energy Agency invested USD 5.6 mn in the development of ethanol processing at the pilot plant in Ornskoldsvik
2008 being carried out by SEKAB. Purpose of the project was to produce ethanol from cellulose, a feedstock that could in the future
replace cereal and sugarcane in the production of ethanol thus leading to the growth of second generation biofuels
replace cereal and sugarcane in the production of ethanol thus leading to the growth of second generation biofuels
Swedish Government is investing USD 61.2 mn in energy efficiency measures which will be implemented in policies related to
2008‐10
environment, forestry, agriculture and energy
2009 The government provided support of USD 47.5 mn for green car rebates
2009 The government plans on investing USD 40 mn to partially finance research into environmentally friendly vehicles
The government plans on investing USD 40 mn to partially finance research into environmentally friendly vehicles
The government plans on investing USD 127.5 mn to allow for research and development initiatives to be made available
commercially. This is expected to lead to more demonstration plants for second‐generation biofuels and other energy technology.
2009‐11
An investment of USD 49.3 mn is expected in order to assist the development of energy technology that has not yet been
established in the market, such as biogas
2010‐14 A new five‐year support program for more efficient energy use of USD 43.7 mn/yr is expected to be implemented



Other Policies Towards Developing the Industry

Support to production of
Transport Budget Bill 2009 Klimp
biofuel feedstock
• Plans on raising the • Enhancing the energy • Major policies towards • The Swedish
emission standards for aid, which currently move away from the Environmental
automotive stands at USD 67.5/ dependence on fossil Protection Agency’s
manufacturers at hectare, available to fuels climate investment
highest permissible farmers producing • Allocated ~ USD 437 mn programme
level energy crops under EU towards supporting • Aimed at developing
• Rise in vehicle tax by regulations development measures production facilities for
USD 0.65/gm of carbon • Initiation of a rural in the climate and liquid biogas and the
dioxide emitted
dioxide emitted development program
development program energy area over the
energy area over the development of
development of
• Replacement of the for 2007‐2013 which period 2009–2011 required infrastructure
cash bonus given to will be utilized towards • Proposed plans include • The programme is
green car owners with a supporting and a number of measures expected to continue
long‐term tax improving the intended to promote till 2012
concession production and the development of • Cumulative investments
• Raise energy tax on processing of new energy technology since its inception in
diesel by a total of USD renewable energy crops 2003 is pegged at USD
0.06/ liter by 2013 72.8 mn


•Introduction
•Market Overview
•Market Overview
•Major Players
•Key Developments


Players in the Market (1/5)

Company Snapshot: Atrax Energi
Corporate Information Business Highlights
Headquarters Stockholm • Applied for the USD 127.5 mn that the Swedish
energy authorities are distributing for the
Founded 1982
development of new energy technology
Area of Expertise Consultants in the field of alternative fuels • Plans on carrying out a test project towards powering
Financials NA transport vehicles and trucks by a "new" bio‐based
fuels in existing diesel engines, without proper
fuels in existing diesel engines without proper
Key People NA
modifications or optimization
• Monitoring construction of an ethanol plant in Ghent
Company Snapshot:Chemrec
Headquarters Stockholm • Developed a new technology for biofuel generation
using waste from pulp mills
Founded 1987
• Major investors include Vantage Point Venture
Creating biorefineries through black liquor
Area of Expertise Partners, Volvo Technology Transfer, Environmental
gasification technology
Technologies Fund, Nykomb Synergetics
Financials NA
• Full implementation of the technology in all Swedish
Jonas Rudberg CEO
Jonas Rudberg – CEO pulp mills is expected to yield 6 mn tons of CO2
pulp mills is expected to yield ~6 mn tons of CO2
Key People
Anders Neld – CFO reduction per year or 10 % of current Swedish CO2



Company Snapshot: Lackeby Water Group
Headquarters Lackeby
Lackeby • Operates in 70 countries worldwide
Founded 1935 • The company has been largely focusing on
international operations as domestic biogas market is
Area of Expertise Biogas production at a nascent stage
Financials ’08: Revenue – USD 100 mn;
Stefan Lambert – Chairman
Key People
Hjelm, Peter – CEO

Company Snapshot:Lantmannen Agroetanol
Headquarters Norrkoping • It is the largest ethanol producer in Sweden
Founded 2001 • It has a yearly capacity of about 160,000 MT of
ethanol
Refines grain into bio‐ethanol for the fuel
Area of Expertise • In 2008, developed a new ethanol production facility
market
in Norrkoping which reached full production capacity
Financials NA
by January 2009
Monika Lekander MD
Monika Lekander – MD
Key People
Ove Hogman – COO



Company Snapshot: Lantmannen Ecobransle
Headquarters Karlshamn • Subsidiary of Lantmannen Energy, part of
Lantmannen Group
Founded NA
• Their plant has been running since 2006 and has a
Area of Expertise Manufactures and markets biodiesel capacity of producing 100 000 tonnes RME, with at
Financials NA least 50% of the raw material being used
domestically
Key People NA

Company Snapshot: Malmberg
Headquarters Ahus • The company has been upgrading biogas plants
across Europe
Founded 1866
• Some projects include
Area of Expertise Renewable energy solutions provider
 Lunds Energi’s operations in Sweden
’08: Revenue – USD 42 mn; Profit – USD  Wetschen, near Hanover; Darmstadt‐Wixhausen; and
Financials
0.45 mn Kassel in Germany
Akamai President and CEO
Akamai – President and CEO  It has also carried out operations in the field of gas
It has also carried out operations in the field of gas
Key People cleaning in Austria
Lars Josefsson – CFO



Company Snapshot: Nordisk Etanolproduktion
Headquarters Karlshamn • Production facility located in facilities are in the city
of Karlshamn, located in Blekinge county in south
Founded 2006
Sweden
Area of Expertise Ethanol and bio‐gas production • The company plans on expanding operations towards
Financials NA producing 130,000 m3 annually
Mikael Runeson – President • It also plans on producing bio‐gas from this facility
Key People
Jorgen Andersson – Chairman

Company Snapshot: Opcon
Headquarters Stockholm • Received an order worth USD 5.1 mn for an advanced
bioenergy plant at Skapafors mill, in southwestern
Founded 1908
Sweden for Rexcell Tissue and Airlaid
S d f R ll Ti d Ai l id
Area of Expertise Industrial technology company  Biomass will be used as a fuel instead of oil and electricity.
’08:Profit – USD 60.9 mn; Profit – USD 15.6 It will have a 9 MW joint combustion system which will
Financials produce process steam
mn
Mats Gabrielsson
Mats Gabrielsson ‐ Chairman
Key People
Rolf Hasselstrom – President



Company Snapshot: Perstorp BioProducts
Headquarters Perstorp • Scandinavia's number one biodiesel producer
Founded NA • Plans on setting up filling station for pure RME in
Perstorp is association with Biofuel Express
Area of Expertise Biodiesel and biogas producer
• Developed Verdis Polaris, a new renewable diesel
Financials NA fuel. It is primarily RME of a higher quality
Key People NA  Conduce even for the northern parts of Sweden which
experiences extremely low temperatures

Company Snapshot: SEKAB
Headquarters Ornskoldsvik • Ethanol is produced from the by‐products of paper
pulp production by SEKAB in its plant located in
Founded 1985
Ornskoldsvik
O k ld ik
Bioenergy company focusing on ethanol  The plant received funding of USD 5 mn from the Swedish
Area of Expertise
production energy authority Energimyndigheten allowing the project
Financials ’06: Revenue – USD 276.8 mn for producing ethanol from cellulose to continue
 Produces 300‐400 liters of ethanol/ day
Key People
Key People Anders Fredriksson CEO
Anders Fredriksson – CEO
• The company plans on discontinuing its sales of
ethanol fuel E85 (15% gasoline and 85% ethanol)


•Introduction
•Market Overview
•Market Overview
•Major Players
•Key Developments


Key Developments

Date Development
Sep 2009 The Swedish Energy Agency awarded a grant worth USD 72.8 mn to Chemrec’s facility in Ornskoldsvik.
The grant is intended for the production of biofuel from black liquor, a high‐energy, viscous by‐product
from the pulp industry.
f th l i d t
Jul 2009 Swedish forestry group Sodra began a 2 year study with rapeseed methyl ester (RME) in six vehicles to
assess the effect on the environment, economy and machinery. The trials are expected to be completed
in January 2011.
Jul 2009 Swedish technology firm Mantex, which has developed an automated, continuous method to determine
biomass moisture concentration, received funding from German utility RWE.
June 2009 Scania, a Swedish truck and bus manufacturer, supplied 85 ethanol powered buses to Busslink i Sverige.
This is the largest single bus order in Sweden since 2004.
June 2009
J 2009 Vapo, a Finnish peat producer, plans on developing a biodiesel plant in Jonkoping.
V Fi i h d l d l i bi di l l i J k i
May 2009 Swebo Bioenergi, which is selling a technique for burning biofuels such as wood chips and firewood,
raised USD 2.2 mn in capital in order to expand into new markets. Sustainable Technologies Fund made
this large investment
Mar 2009
Mar 2009 Finnish company ST1 is planning to start ethanol production in Sweden. The company operates more than
Finnish compan ST1 is planning to start ethanol prod ction in S eden The compan operates more than
40 automatic pump stations in Sweden.
Feb 2008
EU approved Sweden’s application to continue to import ethanol from brazil for processing into biofuels
at a subsidized rate. The initial plan was revised which called for a 30% increase in import duty.


Thank you for your time
For an updated report or any customized research requirements, please contact:
Gaurav Kumar
E‐Mail: gaurav.kumar@netscribes.com; sales@netscribes.com
Phone: +91 33 4064 6214; +91 983 030 9715

Netscribes’ Services:
RESEARCH & ANALYTICS
RESEARCH & ANALYTICS MARKET INTELLIGENCE
MARKET INTELLIGENCE CONTENT SOLUTIONS
CONTENT SOLUTIONS
Investment Research Market Monitoring & Competitive Social Media Marketing
Enterprise Market Research Intelligence Marcom Support Services
Patent Research Sales & Prospect Intelligence Content Management Services
Syndicated Market Research
S di t d M k t R h Listening & Media Monitoring
Li t i & M di M it i Book Packaging Services
B kP k i S i
Brand Surveillance

For further details, visit us at: www.netscribes.com
About Netscribes
Netscribes supports the organic and inorganic growth objectives of global corporations through a combination of Enterprise Market,
Investment & Patent Research, Market & Sales Intelligence, Social Media Monitoring & Management and Custom Publishing solution.

Disclaimer: This report is published for general information only. High standards have been used for preparing this market research report;
Disclaimer: This report is published for general information only High standards have been used for preparing this market research report;
however, Netscribes, Inc. or “Netscribes” is not responsible for any loss or damage arising from use of this document. This document is the sole
property of Netscribes and prior permission is required for guidelines on reproduction.


Market Research Sweden - Biofuels Market in Sweden 2009

Recommended

Recommended

More Related Content

What's hot

What's hot (19)

Similar to Market Research Sweden - Biofuels Market in Sweden 2009

Similar to Market Research Sweden - Biofuels Market in Sweden 2009 (20)

More from Netscribes, Inc.

More from Netscribes, Inc. (20)

Recently uploaded

Recently uploaded (20)

Market Research Sweden - Biofuels Market in Sweden 2009