René Palne

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René Palne

René Palne, CFO, Kvasir Technologies
Emil Frej Hansen
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Birgitte Bjerregaard

Birgitte Bjerregaard

Press contact Director HR & Comms. +45 2727 6928

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Kvasir Technologies Appoints New CFO as the Company Moves Toward Commercialization

Kvasir Technologies Appoints New CFO as the Company Moves Toward Commercialization

Kvasir Technologies, a leading green startup in sustainable biofuel innovation, proudly announces the appointment of René Østergaard Palne as its Chief Financial Officer (CFO), effective December 1, 2023.
René brings extensive experience in corporate finance, including international roles in the oil and gas industry in the Middle East and the Netherlands. His background spans both conventional

Change the fuel. Not the Engine.

Kvasir Technologies is a Danish company that has developed a game-changing technology to produce climate friendly fuel for hard to abate industries. Kvasir converts non-edible waste-based biomass into a 1:1 substitute for fossil fuel in a simple, sustainable, and scalable way. We offer a CO2 neutral drop-in biofuel with no switching costs or added storage cost. Our solution bolts on to the current marine fuel supply chain. This allows for full flexibility in terms of handling both existing fossil fuels and green biofuel interchangeably in a seamless transition towards complete decarbonization. Founded in 2018 by Joachim B. Nielsen and Anders B. Kristoffersen, Kvasir is a spin-out from the Technical University of Denmark. The company runs pilot activities in Denmark and in the US and plans to build its first demo plant in Fredericia, Denmark.

Kvasir Technologies

Maskinvej 5
2860 Søborg
Denmark

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