OM VÄRMLANDSMETANOL/ ABOUT VÄRMLANDSMETANOL

VärmlandsMetanol AB will build and operate the world´s first commercial scale biomethanol plant in Hagfors, Sweden.

VärmlandsMetanol AB is a public company, which was founded by Dr Björn Gillberg and the Miljöcentrum foundation. Today the company is owned by the founders, 1 600 private persons and 50 small corporations. VärmlandsMetanol AB is affiliated to Euroclear Sweden.

ThyssenKrupp Industrial Solutions, a world leading engineering contractor, has been selected as technology supplier and engineering partner for the project - an Engineering, Procurement and Construction (EPC) contract will be applied with a cost, time, quality and performance guarantee. Uhde’s list of references includes over 100 gasifiers worldwide based on different gasification technologies covering a variety of feedstock.

The cost for the plant is estimated to some SEK 3,5 billion (EUR 300 million) and it will produce 375 000 litres of biomethanol per day.

A 20 hectare property for the construction of the plant has been acquired (see photomontage).

An Environmental Impact Assessment (EIA) and a Risk Assessment has been completed as required by the Municipal Planning and Building Act and the Swedish Environmental Act.

A detailed development plan for the site has been approved according to the Municipal Planning and Building Act and entered into force 25 January 2010. A building permit will be applied for, once the environmental permit has been obtained. In this context, the application for a building permit is a formal matter of less significance, given that the detailed development plan for the site has already been adopted and entered into force.

The existing EIA, technical description and risk assessment is currently being revised according to the environmental code and the requirements of an extended EIA. The extended EIA was initiated spring 2010 whereby consultations have been held with the municipality of Hagfors, the concerned public and concerned authorities such as the Country Administrative Board, the Swedish Environmental Protection Agency and the Swedish Civil Contingencies Agency. The consultation process was concluded 4 October 2010.

Consultation documents, such as protocols and opinions, will together with the EIA, the technical description, the risk assessment and an application for a permit according to the Environmental Code will be submitted to the environmental court in Vänersborg.

Site preparation works will commence once all permits have been granted and entered into force. Estimated time for the construction phase is three years while around 800 persons will be occupied.

ThyssenKrupp Industrial Solutions	VärmlandsMetanol AB has an agreement with the world leading engineering contractor, ThyssenKrupp Industrial Solutions, who has been selected as technology supplier and engineering partner for the project - an Engineering, Procurement and Construction (EPC) contract will be applied with a cost, time, quality and performance guarantee.