About us
Redefining our energy economy
Kvasir was built on a vision that we can eliminate carbon emissions from heavy transportation, by harnessing natural and abundant sources of biomass that do not compete with food.
About us
Experienced inventors with a strong passion
Our team includes the inventor of the proprietary liquefaction technology and strong competencies in sustainable development and oil and shipping.
Our story
Background and history
Kvasir Technologies has brought together a team with decades of relevant industrial experience, and with 10 years of intensive research backing up our technology we are ready to scale.
Our history is outlined in the illustration below:
2012-2017: Academic research
Proof of concept work at the Technical University of Denmark
- Proof of concept
- Kvasir’s process invented and patent applied for (later granted)
- Industrywide research participation from Maersk, MAN Energy Solutions, Haldor Topsoe, and Ørsted
- Production scale: Milliliters
2018-2019: Kvasir is founded
R&D, process optimization and preparing for scale-up
- Kvasir incorporated as a univeristy spin-out: 2018
- Multiple research grants secured
- Partnership with future customer DS Norden in ShippingLab
- Process optimization and securing IP agreement with university
2020-2023: Piloting and scalability
Continuous pilot studies
- Proof of scalability
- Pilot studies in Iowa, USA
- Seed funding and new patents applied for
- Colaboration with Alfa Laval and part of Innovation House.
- MoU signed with Spanish EPC Duro Felguera for the construction of a demo plant.
- Production scale: Liters
2024: Demonstration plant
Scale-up and commercialization
- 2 ton oil per day demonstration plant based on converting agricultural waste residues
- Ship trials scheduled with Kvasir’s bio fuel
- Production scale: 500 – 1000 ton p.a.