
David Öquist
CEO
+46 911 23 28 00
david.oquist@sunpine.se
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.
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.
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.
“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."
CEO STATEMENT
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.
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.
Our customers
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
In our annual report, we dive deeper into our products, the markets we operate in, our business strategy, and our sustainability efforts.
Annual Report 2024
MILESTONES
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.
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
CEO
+46 911 23 28 00
david.oquist@sunpine.se
Production Manager
+46 911 23 28 00
david.lundman@sunpine.se
HR Manager
+46 911 23 28 00
karin.forsmark@sunpine.se
HEAD OF Research & development
+46 911 23 28 00
valeri.naydenov@sunpine.se
Sustainability Manager
+46 911 23 28 00
eva.wuopio@sunpine.se
CFO
+46 911 23 28 00
per.jervfors@sunpine.se
Maintenance Manager
+46 911 23 28 00
johan.lundback@sunpine.se
Commercial Director
+46 911 23 28 00
mikael.lagerbom@sunpine.se
SUNPINE'S BOARD OF DIRECTORS
Chairman of the Board
Board member
Board member
Board member
Board member
Deputy
Deputy
Deputy
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