Chemrec

STOCKHOLM, April 24, 2012 (Press Release) -Chemrec today signed a cooperation agreement with China Tianchen Engineering Corporation, TCC, to provide an integrated offering of Chemrec plants on a global lump-sum turn-key basis and co-market the Chemrec black liquor gasification technology - a route to 2nd generation biofuels or green power.

The signing took place in Stockholm in the presence of the prime ministers of China, Wen Jiabao, and of Sweden, Fredrik Reinfeldt.

Under the agreement, Chemrec and TCC will develop an offering to provide industry standard design, engineering, procurement and construction (EPC) services as well as overall performance guarantees to support project financing for black liquor gasification plants. TCC will also assist in procuring plant financing.

TCC is also under the terms of the agreement approved by Chemrec as supplier of complete turnkey Chemrec plants, with the gasification key equipment being designed and provided by Chemrec. TCC will co-market and perform joint proposals with Chemrec.

"TCC has extensive experience in engineering and construction of gasification, gas processing and synthesis plants. This agreement will bring solid and cost-efficient design, procurement and construction to our projects and will give us the ability to provide complete system solutions on an industrial scale." says Max Jönsson, Chemrec CEO.

About TCC

TCC is a leading international engineering corporation. TCC provides engineering design, procurement, construction management and commissioning supervision. TCC is listed as one of the top 225 largest global engineering EPC contractors and top 200 largest global design firms. TCC has completed thousands of projects in over 30 countries.

About Chemrec

Chemrec is a Swedish company developing and commercializing technology for black liquor gasification. Through the unique properties of black liquor and the integration with the pulp mill, Chemrec technology provides a superior route to 2nd generation, non-food competing biofuels or green power. The company's shareholders include VantagePoint Venture Partners, Volvo Technology Transfer, Environmental Technologies Fund and Nykomb Synergetics.

Chemrec and China Tianchen Engineering to provide integrated offering of Chemrec plants and co-market black liquor gasification technology

Posted in: Bio-Insight 04/25/2012 - 20:27

STOCKHOLM, April 24, 2012 (Press Release) -Chemrec today signed a cooperation agreement with China Tianchen Engineering Corporation, TCC, to provide an integrated offering of Chemrec plants on a global lump-sum turn-key basis and co-market the Chemrec black liquor gasification technology - a route to 2nd generation biofuels or green power.

The signing took place in Stockholm in the presence of the prime ministers of China, Wen Jiabao, and of Sweden, Fredrik Reinfeldt.

Under the agreement, Chemrec and TCC will develop an offering to provide industry standard design, engineering, procurement and construction (EPC) services as well as overall performance guarantees to support project financing for black liquor gasification plants. TCC will also assist in procuring plant financing.

TCC is also under the terms of the agreement approved by Chemrec as supplier of complete turnkey Chemrec plants, with the gasification key equipment being designed and provided by Chemrec. TCC will co-market and perform joint proposals with Chemrec.

"TCC has extensive experience in engineering and construction of gasification, gas processing and synthesis plants. This agreement will bring solid and cost-efficient design, procurement and construction to our projects and will give us the ability to provide complete system solutions on an industrial scale." says Max Jönsson, Chemrec CEO.

About TCC

TCC is a leading international engineering corporation. TCC provides engineering design, procurement, construction management and commissioning supervision. TCC is listed as one of the top 225 largest global engineering EPC contractors and top 200 largest global design firms. TCC has completed thousands of projects in over 30 countries.

About Chemrec

Chemrec is a Swedish company developing and commercializing technology for black liquor gasification. Through the unique properties of black liquor and the integration with the pulp mill, Chemrec technology provides a superior route to 2nd generation, non-food competing biofuels or green power. The company's shareholders include VantagePoint Venture Partners, Volvo Technology Transfer, Environmental Technologies Fund and Nykomb Synergetics.

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ORNSKOLDSVIK, Sweden, Dec. 17, 2010 (Press Release) -The Board of Directors of Domsjö Fabriker has decided on further investments in the biorefinery as part of the development program Domsjö 2012, which aims at increasing specialty cellulose capacity to 255 000 tonnes per year.

"It is important that we maintain our leading position and are able to grow with our customers. Therefore, we are developing the biorefinery in Örnsköldsvik, Sweden while we at the same time are investigating other opportunities such as business acquisitions", says CEO Ola Hildingsson.

The decision means that an additional SEK 280 million will be invested in Domsjö in 2011.

The investments are part of the ongoing development program Domsjö 2012. Earlier this year investment decisions amounting to SEK 300 million were made within this development program. Investments in a new lignin dryer and a new debarking facility were decided.

As a result of the development program, our cellulose capacity will increase from approximately 200 000 tonnes at present to 255 000 tonnes per year. This allows us to grow with our customers in the expanding textile market and we wish to expand as soon as possible, adds Ola Hildingsson.

A part from increasing capacity, we are investing to improve the value of our product portfolio by increasing resources in our development department, DomInnova.

Domsjö specialty cellulose is mainly used for viscose textiles. This is a market with strong growth. One reason for this market expansion is a decline in cotton production while demand for natural fibers are increasing, and viscose is the natural alternative.

Parallel to the development of the biorefinery in Örnsköldsvik, we are exploring opportunities to strengthen our position on the growing market for specialty cellulose. One option would be to convert an existing sulfate pulp mills in Scandinavia. However, this is complicated and expensive. Another option we are evaluating is to start producing specialty cellulose in South America. Nothing is decided yet, concludes CEO Ola Hildingsson.

Domsjö Fabriker makes further investments in biorefinery in Sweden

Posted in: Bio-Insight 12/17/2010 - 00:33

ORNSKOLDSVIK, Sweden, Dec. 17, 2010 (Press Release) -The Board of Directors of Domsjö Fabriker has decided on further investments in the biorefinery as part of the development program Domsjö 2012, which aims at increasing specialty cellulose capacity to 255 000 tonnes per year.

"It is important that we maintain our leading position and are able to grow with our customers. Therefore, we are developing the biorefinery in Örnsköldsvik, Sweden while we at the same time are investigating other opportunities such as business acquisitions", says CEO Ola Hildingsson.

The decision means that an additional SEK 280 million will be invested in Domsjö in 2011.

The investments are part of the ongoing development program Domsjö 2012. Earlier this year investment decisions amounting to SEK 300 million were made within this development program. Investments in a new lignin dryer and a new debarking facility were decided.

As a result of the development program, our cellulose capacity will increase from approximately 200 000 tonnes at present to 255 000 tonnes per year. This allows us to grow with our customers in the expanding textile market and we wish to expand as soon as possible, adds Ola Hildingsson.

A part from increasing capacity, we are investing to improve the value of our product portfolio by increasing resources in our development department, DomInnova.

Domsjö specialty cellulose is mainly used for viscose textiles. This is a market with strong growth. One reason for this market expansion is a decline in cotton production while demand for natural fibers are increasing, and viscose is the natural alternative.

Parallel to the development of the biorefinery in Örnsköldsvik, we are exploring opportunities to strengthen our position on the growing market for specialty cellulose. One option would be to convert an existing sulfate pulp mills in Scandinavia. However, this is complicated and expensive. Another option we are evaluating is to start producing specialty cellulose in South America. Nothing is decided yet, concludes CEO Ola Hildingsson.

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