The future of energy starts here

The world needs to phase out its dependence on fossil fuels in favor of more sustainable alternatives. And we need to do it fast. This is the very foundation of our business.

Snow-covered landscape with sunset over forest and lake.

Number one.

About Sunpine

Sunpine is a leading producer of feedstock for advanced biofuels. From Haraholmen in Piteå, we operate the world’s largest facility for the production of Raw Tall Diesel. Using crude tall oil, a renewable by-product from the pulp and paper industry, we produce Raw Tall Diesel which is then further refined into biofuels by our customers.Our process also yields several other valuable products – including bio-oil, rosin, turpentine and alpha-pinene – which we supply to various industries and sectors across the globe.

Meet our founders

award-winning process

Our production process is covered by more than 90 patents and is 97 per cent fossil-free. In 2018, Lars Stigsson, the founder of Sunpine, and Valeri Naydenov, Sunpine's lead chemist, received the Polhem Prize for their innovation.

About us

by the numbers

  • 2,7

    SEK Billion

    In 2024, Sunpine had a turnover of SEK 2.7 billion.

  • 0

    Fossil-free products

    From crude tall oil, we extract six fossil-free products: Raw Tall Diesel, bio-oil, rosin, turpentine, alpha-pinene, and district heating.

  • 2006

    The beginning

    Since Sunpine was founded in 2006, we have invested more than SEK one billion in our factory and production process.

  • 0 000

    Tonnes

    Sunpine has an annual production capacity of approximately 200,000 tons of Raw Tall Diesel.

  • David Öquist sums up 2024

    “A VOLATILE YEAR LAYS THE FOUNDATION FOR RECORD VOLUMES IN 2025.Sunpine is entering an exciting phase in its growth journey. In 2024, we focused on expanding our customer base, establishing long-term partnerships, and strengthening our international presence. We have also continued to solidify our operational foundation, enabling us to deliver record volumes to customers across Sweden and Europe."

    Read David Öquist's CEO's statement in Sunpine's annual report

    CEO STATEMENT

    Smiling man in suit.
    0%

    In its report "Biofuels Analytics" from January 2025, Argus forecasts that the demand for renewable diesel in Europe will almost quadruple by 2030.

    growth

    MARKET OVERVIEW. The biofuels market is experiencing strong and sustained growth, driven by multiple factors. End user demand for fossil-free solutions is rising, new EU directives mandate more sustainable transport solutions, and the financial sector’s focus on sustainable investments is helping direct capital toward greener alternatives. Additionally, increased blending mandates in many European countries – along with new requirements specifically targeting aviation and maritime fuels – are expected to significantly boost global demand for biofuels.

    Read more about the benefits of Sunpine's Raw Tall Diesel

    STRATEGIC COLLABORATION. Sunpine is committed to maintaining long-term, strategic partnerships with our customers, while working together to develop the best possible end products – tailored to meet both market demands and environmental needs. With extensive experience in the biofuels market and a strong track record of navigating technical and regulatory challenges linked to Sweden’s ambitious GHG reduction obligation, we are well positioned to support our customers as the rest of Europe adopts increasingly strict biofuel blending mandates.

    strategic collaborations

    Our customers

    It all begins with the forest

    Our value chain starts from the forest. When forest raw material is used in paper and pulp production, crude tall oil remains as a natural residue. Sunpine purchases this crude tall oil and refines it into a range of valuable and fossil-free products; Raw Tall Diesel, bio-oil, rosin, turpentine and alpha-pinene. In addition, waste heat from the process is recycled into district heating for local industries.

    Our value chain

    Flowchart of Dima's script in Terraform

    Learn more about Sunpine

    In our annual report, we dive deeper into our products, the markets we operate in, our business strategy, and our sustainability efforts.

    Read our latest annual report

    Annual Report 2024

    Sunrise over snowy landscape with forest and lake.

    MILESTONES

    History and ownership

    THE STORY OF SUNPINE begins when chemical engineer Lars Stigsson saw the growing interest in Europe for biodiesel based on vegetable oils such as rapeseed and sunflower oil. He identified the opportunity to do the same with crude tall oil – a residual product from the pulp and paper industry that does not compete with food production or arable land.

    • SunPine AB is founded.

    • Sveaskog, Södra Skogsägarna and Preem each invest SEK 100 million to build a full-scale production facility.

    • The first delivery of Raw Tall Diesel is shipped to Preem.

    • The global chemicals company Lawter becomes a co-owner of Sunpine.

    • A new production facility for rosin and turpentine is inaugurated.

    • Lars Stigsson, founder of Sunpine, and Valeri Naydenov, our lead chemist, are awarded the Polhem Prize for the development of Raw Tall Diesel.

    • Sunpine inaugurates a second production line that doubles the production capacity of Raw Tall Diesel.

    • Total investments in Sunpine’s facility and product development reach nearly SEK 1 billion.

    TODAY, SUNPINE IS OWNED in almost equal parts by Preem AB, Sveaskogs Förvaltnings AB, Södra Skogsägarna, and the chemical company Lawter BVBA. Sunpine's owners thus represent the entire processing chain, from forest raw materials to processing and distribution.

    Management team

    • David Öquist

      CEO

      +46 911 23 28 00

      david.oquist@sunpine.se

    • David Lundman

      Production Manager

      +46 911 23 28 00

      david.lundman@sunpine.se

    • Karin Forsmark

      HR Manager

      +46 911 23 28 00

      karin.forsmark@sunpine.se

    • Valeri Naydenov

      HEAD OF Research & development

      +46 911 23 28 00

      valeri.naydenov@sunpine.se

    • Person smiling in red clothes

      Eva Wuopio

      Sustainability Manager

      +46 911 23 28 00

      eva.wuopio@sunpine.se

    • Per Jervfors

      CFO

      +46 911 23 28 00

      per.jervfors@sunpine.se

    • Johan Lundback

      Maintenance Manager

      +46 911 23 28 00

      johan.lundback@sunpine.se

    • Mikael Lagerbom

      Commercial Director

      +46 911 23 28 00

      mikael.lagerbom@sunpine.se

    SUNPINE'S BOARD OF DIRECTORS

    • Smiling man in suit and tie

      Martin Forsen

      Chairman of the Board

    • Smiling older man in checkered shirt

      Magnus Bjorkman

      Board member

    • Woman in suit and blue shirt, portrait photo.

      Malin Hallin

      Board member

    • Mikio Katayama

      Mikio Katayama

      Board member

    • Man in a suit against a gray background.

      Anders Jonsson

      Board member

    • Man with glasses and white shirt.

      Dan Oscarsson

      Deputy

    • Jaap van den Born

      Jaap van den Born

      Deputy

    • Oscar Meidal

      Deputy

    Contact details

    Find us

    Address:
    Box 76, SE-941 22
    Piteå, Sweden

    Phone: +46-911-23 28 00
    Email: info@sunpine.se

    Visiting address:
    Sunpine AB
    Cisternvägen 53
    941 43 Piteå, Sweden