Kvasir Technologies is a Danish technology company that has developed a process to produce climate friendly fuel for the shipping industry. Our game changing technology converts plant biomass into a 1:1 substitute for fossil fuel in a simple, sustainable and scalable way. We have developed a one step process to convert lignocellulose into a marine biofuel which can be used as a direct replacement for fossil fuel oil. Our proprietary process can convert any biomass waste resource such as straw, corn stower and woody residue into an oil product at a previously unseen high yield.
The produced oil has properties like marine heavy fuel oil and can be used as a drop-in fuel in the maritime industry. We are currently working to demonstrate the scalability of our technology by increasing production capacity and testing the produced oil on a commercial seagoing vessel with one of the world’s leading shipping companies.
Formed in 2018, Kvasir Technologies is a spin-out company from the Technical University of Denmark (DTU), where the process was invented by CEO and co-founder Joachim Bachmann Nielsen during his Ph.D.-studies. Kvasir Technologies has brought together a team with decades of relevant industrial experience, and with 10 years of intensive research supporting our scale-up ready technology.