David Öquist
CEO
+46 911 23 28 00
david.oquist@sunpine.se
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.
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 and alpha-pinene – which we supply to various industries and sectors across the globe.
Our process
Award-winning and patented
Our production process is covered by around 90 patents and is almost 99 percent fossil-free. Lars Stigsson, founder of Sunpine, and Valeri Naydenov, who is currently a Senior Advisor at Sunpine, have received the Polhem Prize for the development of Raw tall diesel.
CEO David Öquist reflects on 2025
After a year marked by organisational change and strategic development, Sunpine enters 2026 with a full order book and a focus on increasing production capacity. In his CEO statement, David Öquist discusses the company’s next phase of growth, its work on safety and sustainability – as well as the planned change of ownership.
Sunpine's CEO sums up 2025
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Argus forecasts in its “Biofuels Analytics” report from January 2025 that demand for renewable diesel in Europe could be up to four times as large 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
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 four valuable and fossil-free products: Raw Tall diesel, bio-oil, rosin and alpha-pinene. In addition, waste heat from the process is recycled into district heating for local industries.
Our value chain
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.
Annual Report 2025
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.
The total investments in Sunpine's facility and product development amount to almost SEK 1 billion.
Sunpine begins producing alpha-Pinene, a further refinement of turpentine
In 2026, Sunpine's partner Preem was acquired by the energy company VARO Energy and the new company VAROPreem was formed. In connection with this, VAROPreem entered into an agreement with Sunpine's other shareholders to acquire all shares in SunPine AB. The transaction is subject to customary regulatory approvals and has not yet been formally completed.
Management team
Linda Rosen
Operations Manager
+46 911 23 28 00
linda.rosen@sunpine.se
Karin Forsmark
HR Manager
+46 911 23 28 00
karin.forsmark@sunpine.se
Gustav Lindberg
Technical Manager
+46 911 23 28 00
gustav.lindberg@sunpine.se
Ida Wanhatalo
Sustainability Manager
+46 911 23 28 00
ida.wanhatalo@sunpine.se
Per Jervfors
CFO
+46 911 23 28 00
per.jervfors@sunpine.se
Mikael Lagerbom
Commercial Director
+46 911 23 28 00
mikael.lagerbom@sunpine.se
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
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