New European grant to Scandinavian Biogas
3.1 Million Euro to boost biogas production within the Pulp- and Paper Industry, a sector that only in Sweden is capable to generate up to 1 TWh of methane by processing onsite produced wastewater sludge.
With the aim to improve energy efficiency
EffiSlduge for LIFE – An innovative concept to improve resource and energy efficiency in treatment of Pulp and Paper industry effluents – is a project partially funded by the European LIFE programme. The programme is a EU funding instrument for the environment and climate action to contribute to the implementation, updating and development of EU environmental and climate policy and legislation.
Visualisation of the biogas potential
The main objective of the proposed project is to build and operate the first ever demonstration plant that substantially increases the biogas potential from wastewater generated within the Pulp- and Paper Industry and at the same time lowering the electricity consumption. Granted in 2015, the project is now at its early stage. Scandinavian Biogas is currently looking at the Nordic countries to Identify the optimal hosting mill where implement the EffiSludge concept.
Easy to implement
The project will demonstrate an easy implementation of bio-methane production within the pulp- and paper industry. This will be achieved by modifying the conventional biological wastewater treatment (in most cases an active sludge process) for increased production of waste sludge. The waste sludge from the bio-treatment will be used as a substrate for anaerobic digestion to bio-methane and the production of waste sludge thus optimized for this purpose.
More information available here
Dr Francesco Ometto
Scandinavian Biogas has today repaid the bond loan 2016/2020
Scandinavian Biogas Fuels International AB (publ) (“Scandinavian Biogas or “The Company”) has today repaid the Company’s outstanding 2016/2020 bond loan of SEK 230 million (ISIN SE007784111).
Repayment has been made of a credit facility amounting to a total of SEK 200 million.
The credit facility has a maturity of up to 24 months.
For further information, please contact:
CEO Scandinavian Biogas
+46 (0) 70-597 99 38
The Company in brief:
Scandinavian Biogas is today one of the largest private producers of biogas as a vehicle fuel. The Company also operates a manufacturing plant for pre-treatment of food waste and industrial organic waste, as well as a plant for production of raw biogas in South Korea and a plant for production of liquid biogas in Norway.
The information in this press release is such that Scandinavian Biogas Fuels International AB (publ) must disclose in accordance with the EU Market Abuse Regulation (EU MAR) No. 596/2014. The information was submitted for publication, through the agency of the contact persons set out above, on February 10 2019, at 12:30 CET.