press release

Sunpine strengthens climate ambitions in new Annual and Sustainability Report

Sunpine has published its Annual and Sustainability Report for 2025. In the report, the company announces a target to reduce greenhouse gas emissions per tonne of Raw tall diesel by 30 per cent.
– We want to demonstrate that industrial growth and ambitious sustainability efforts can go hand in hand, says David Öquist, CEO of Sunpine.

2025 was an eventful year for Sunpine. The company achieved record production levels, introduced a new strategy and strengthened its climate targets. In the Annual and Sustainability Report, Sunpine announces the target to reduce greenhouse gas emissions per tonne of Raw tall diesel by 30 per cent by 2030.

– It is one of our four operational targets, and an ambitious one at that. At the same time, Sunpine is taking ambitious steps to reduce climate impact throughout the value chain, which is why we believe the target is realistic, says Ida Wanhatalo, Sustainability Manager at Sunpine.

99 per cent fossil-free production
Climate impact is a core issue for Sunpine. Its main product, Raw tall diesel, is produced from residual products from the pulp and paper industry and has a carbon reduction value of up to 99.7 per cent compared with fossil diesel. Sunpine is also working to maximise the use of fossil-free energy in its own production. The Annual Report states that the share of fossil-free energy used in production amounted to 98.7 per cent in 2025 – an increase from 97 per cent the previous year.

– For us, sustainability is not only about the products themselves, but also about how they are produced. The fact that we are approaching an almost entirely fossil-free production process is the result of long-term and systematic sustainability efforts, says Ida Wanhatalo.

Strongest year to date
2025 was the strongest production year to date in Sunpine’s 20-year history. During the year, production increased by 17 per cent and the company entered 2026 with a strong order book. The Annual Report also sets out a target to further increase production by 15,000 tonnes of Raw tall diesel annually until 2030.

– This target reflects the continued strong demand for sustainable fuel solutions that we see in Europe and globally. Achieving the green transition will require a broad energy mix in which advanced biofuels play an important role, says David Öquist, CEO of Sunpine.

Planned change of ownership
At the beginning of 2026, the energy company VARO Energy acquired Sunpine’s co-owner Preem and formed the company VAROPreem. VAROPreem subsequently entered into an agreement to acquire all shares in Sunpine from the remaining shareholders. The transaction is currently subject to regulatory approvals.

According to David Öquist, becoming part of VAROPreem could create new opportunities for Sunpine’s continued development.

– Over the past two decades, Sunpine has built an organisation with strong technical expertise and international relevance. Together with VAROPreem, we see an opportunity to continue strengthening the business and our role in the energy transition, says David Öquist.

Read more in the report:

Sunpine's Annual and Sustainability Report 2025 in Swedish
Sunpine's Annual and Sustainability Report 2025 in English

2026-05-28