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Kvasir enters collaboration with shipping company NORDEN

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Kvasir enters collaboration with shipping company NORDEN

Copenhagen, 5 December, 2019

Global shipping Company NORDEN and Kvasir Technologies have agreed to collaborate on testing and development of the next generation of marine biofuels.

Kvasir has developed a new process that can turn non-edible biomass into a CO2 neutral marine biofuel,the fuel can be produced at the massive scale needed by the shipping sector, as the biomass is abundantly available. This is a gamechanger for the shipping industry as the current available biofuels are based on used cooking oil and other very limited resources.

NORDEN will test the fuel produced by Kvasir on their vessels and thereby help validating it’s potential

“At NORDEN, we want to drive the shipping industry towards a cleaner future. If we are to truly make a difference, testing fuel alternatives is the right starting point”, says Henrik Røjel, Fuel Efficiency and Decarbonisation Manager at NORDEN. “The collaboration with Kvasir is highly welcomed, both as part of our aim to be a front runner in the decarbonisation agenda and because companies thinking outside the box is a necessity in the process of finding the solutions of tomorrow”.

“This project will demonstrate the suitability of our biofuel as bunkers and further accelerate the technological development,” says Joachim Bachmann Nielsen, CEO at Kvasir Technologies.

Read NORDEN’s press release

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Contacts

Birgitte Bjerregaard

Birgitte Bjerregaard

Press contact Director HR & Comms. +45 2727 6928
Varan Pathmanathan

Varan Pathmanathan

Press contact Executive Advisor SoMe, Marketing & Branding +4527572032

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