Gasum opens the Nymölla biogas plant, the first in Sweden to produce liquefied biogas from industrial process water from Stora Enso’s Nymölla paper mill
A groundbreaking biogas plant in Nymölla, Sweden, is the result of a partnership between the energy company Gasum and the renewable materials provider Stora Enso. By turning process water generated by Stora Enso’s Nymölla paper mill into liquefied biogas (LBG), the plant will be able to produce renewable fuel for the road transport, industry, and maritime sectors. This circular economy cooperation is the first of its kind in Sweden. The plant, built and operated by Gasum, will be opened on April 27, 2021, and the inauguration event will be attended by Per Bolund, Swedish Minister of
The Nordic gas infrastructure expands in Sweden as Gasum opens a new gas filling station in Tuve, Gothenburg. The new station serves heavy-duty vehicles by providing liquefied natural gas (LNG) and liquefied biogas (LBG) as low-emission fuels. Developed in cooperation with Volvo, the station further enables the transition to cleaner energy sources in the road transport sector.Energy company Gasum opens a new gas filling station in Tuve, Gothenburg. The new station is located at a major heavy transport hub near the Volvo truck plant and close to the Port of Gothenburg. Inauguration of the
Key financial indicators January 1 to September 30, 2019• Group revenue increased by 1.4% year on year and totaled, €838.8 million (January-September/2018: €827.4 million)• Group operating profit totaled €86.3 million, down 7.2% year on year (€93.0 million)• Balance sheet total increased through new investments to €1,553.7 million (December 31,2018: €1,526.6 million)• The Group’s financial position remained strong in the reporting period, with the equity ratio being 44.6% (December 31, 2018: 43.7%).
CEO Johanna Lamminen comments on Q3 of 2019:”Our financial performance was in
Gasum Group Interim Report, January 1 to September 30, 2018Key financial indicators
• Revenue €827.4 million, up 22,5% (€675.7 million)• Sales of Natural Gas business €613.2 million (€497.8 million)• Sales of LNG business €176.8 million (€140.5 million)• Sales of Biogas business €35.5 million (€35.4 million)• Operating profit €93.0 million, up 20,0% (€77.5 million)
Gasum Group CEO Johanna Lamminen comments on the third quarter of 2018:
”Our Group’s financial performance improved in line with our expectations during the period under review. Our revenue was up 22.5% year
Energy company Gasum has increased its shareholding in Skangas to 100%. The acquisition strengthens a key element of Gasum's strategy and will further enhance the development of the Nordic gas market and LNG distribution network. The increase in shareholding consolidates Gasum's position as the leading Nordic LNG provider and the gas market forerunner.Nordic energy company Gasum has purchased the remaining shareholding in the Norwegian liquefied natural gas (LNG) provider Skangas from the Lyse Group. In 2014, Gasum became Skangas's majority shareholder with a 51% holding, and in 2017 the
Demand for cleaner fuel solutions is growing significantly in heavy-duty road transport, and responding to this demand will be even more strongly at the core of the energy company Gasum’s business in the future. Gasum is investing in the construction of around 50 gas filling stations for heavy-duty vehicles in Finland, Sweden and Norway by the beginning of the 2020s. The investment will multiply the size of the Nordic heavy-duty vehicle gas filling station network, enabling considerable emission cuts.In the Nordic countries, heavy-duty road transport plays a key role in the logistics system