Perpetual Next

What Perpetual Next does

Perpetual Next B.V., headquartered in Amsterdam and founded in 2019, is an industrial renewable-carbon producer that converts organic waste streams (wood residues, demolition wood, food waste, agricultural residues) into biocommodities including biomethanol, biomethane/green gas, biocoal (marketed as Perpetual Carbon), biochar, and renewable heat for district networks. The company owns and operates a network of production facilities in the Netherlands (Moerdijk, Delfzijl, Lelystad), Belgium (Dilsen-Stokkem), the United Kingdom (Ellesmere Port, completed November 2021), and Estonia (Baltania, industrial-scale since 2020), with three additional biomethanol facilities in development in the southeastern United States. The core technology platform is the proprietary C-Vertr carbonisation process — an indirect-heated rotating drum reactor operating at 270–450°C in an oxygen-deficient environment — integrated with entrained-flow gasification and methanol synthesis in what the company calls the Biomethanol Blueprint (co-developed with Air Liquide and Fluor). Each planned biomethanol facility targets 220,000 tonnes per year, with eight TSI-supplied torrefaction reactors of 80,000 tonnes per year each intended to be operational by 2028.

The company's revenue model is direct B2B sales of biocommodities under negotiated enterprise contracts with industrial customers across the chemical, shipping, steel, cement, packaging, construction, and energy-utility sectors, supplemented by a maritime offtake channel via preferred broker Clarksons and grid injection partnerships for green gas. End-customers named in the data include Vattenfall, Ennatuurlijk, and Green Solutions (district heating offtake at Lelystad), VPK (packaging manufacturer using biocoal from Dilsen-Stokkem), and indirectly shipping companies reached through Clarksons. The company is majority-owned by Amsterdam-based Momentum Global Ventures (50%+ stake), which has committed €200 million via Series B funding, and is 50% partner with state-owned Gasunie in the EemsGas joint venture (also supported by €30 million DEI+ and €149.8 million SDE++ subsidies). Following the 2025 divestiture of OMR Moerdijk to CVC DIF and the December 2025 early redemption of €35 million of bonds, Perpetual Next entered 2026 debt-free with minimal external financing, with core capital focused on the Biomethanol Blueprint scale-up and US market entry.

Name

Perpetual Next

Legal name

Perpetual Next B.V.

Website

https://perpetualnext.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

101–250 employees

Short description

Perpetual Next is an Amsterdam-based industrial producer that converts organic waste streams into renewable biocommodities — biomethanol, biocoal, biomethane, biochar, and district heat — using its proprietary C-Vertr carbonisation technology integrated with gasification and methanol synthesis, serving chemical, shipping, steel, cement, and energy-utility customers across Europe and the US.

Ownership category

akta.pro rank

Product category

Renewable Fuels and Chemicals

NAICS

All Other Basic Organic Chemical Manufacturing (325199), Chemical Manufacturing (325), Basic Chemical Manufacturing (3251), Industrial Gas Manufacturing (32512), Petroleum and Coal Products Manufacturing (3241)

SIC

Industrial Organic Chemicals (2860), Miscellaneous Chemical Products (2890), Refuse Systems (4953), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Bio-based Platform & Commodity Chemicals (e.g., bio-ethylene, bio-propylene, bio-BTX, bio-methanol) (EUAAAIAA)

akta.pro secondary industries

Bio-based Carbon Products & Advanced Bioproducts (Biochar, activated carbon, carbon black alternatives) (EUAAAIAM), Biofuels & Renewable Fuels Switching (Biomethane/RNG, Bio-oils, Sustainable Biomass) (EUABAJAD), Industrial Waste-to-Energy (Non-Hazardous Process Wastes) (EUACAIAI), Biogas Upgrading-to-Power (Biomethane-to-Power, Pipeline Injection + Power) (EUACAIAJ), Carbon Accounting, MRV & Certification for BECCS (LCA, Biogenic Carbon, Registries) (EUAAALAI)

Keywords

• Biomethanol production
• Renewable carbon fuels
• Biocoal manufacturing
• Green gas production
• Biochar carbonization

Headquarters

HQ city

Amsterdam

HQ country

Netherlands

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Infrastructure, Personnel, Marketing or Sales, Operations

Revenue model

1. Biomethanol Sales: Sale of biomethanol as a direct replacement for fossil (grey) methanol. Biomethanol serves as a raw material for chemicals, plastics, and coatings, and as a low-emission fuel for shipping and road transport. Target production: 440,000 tonnes per year by 2028 across facilities in the Netherlands, Estonia, and the US.
2. Biomethane/Green Gas Sales: Sale of biomethane (green gas) produced via gasification and anaerobic digestion. Green gas has the same composition as natural gas and can be injected directly into existing natural gas networks. EemsGas joint venture targets 18 million cubic meters of green gas per year. Perpetual Next Ellesmere Port produces 4 million m³ biogas per year.
3. Biocoal (Perpetual Carbon) Sales: Sale of biocoal (Perpetual Carbon) as a drop-in replacement for fossil coal. Used in blast furnace PCI (Pulverized Coal Injection), sintering processes, EAF steelmaking, cement, and construction. Products include PCN210S pellets, PCN230S powder, and PCN250S powder. Baltania plant capacity: 160 kilotons biocoal per year.
4. Renewable Heat and Power Sales: Sale of renewable heat generated from biomass combustion. Perpetual Next Lelystad supplies heat to district heating networks serving Vattenfall, Ennatuurlijk, and Green Solutions, providing warmth to 5,500 households and six office buildings, displacing approximately 7.5 million Nm³ of fossil natural gas annually.
5. Biochar Sales: Sale of biochar as a soil improver and carbon removal product. Biochar consists of 70–90% pure and stable carbon, sequestering carbon that would otherwise be released into the air. Applications include soil conditioning, cattle feed additive, concrete additive, carpet backing, and horticultural/agricultural applications.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels4 records

Core offering

Perpetual Next builds, owns, and operates industrial production facilities that convert low-value organic waste streams (wood residues, demolition wood, food waste, agricultural residues) into high-value renewable biocommodities: biomethanol, biomethane/green gas, biocoal (Perpetual Carbon), biochar, and renewable heat. The company sells these as drop-in replacements for fossil-based methanol, natural gas, and coal to industrial customers in chemicals, maritime shipping, steel, cement, and energy utilities, using its proprietary C-Vertr carbonisation technology integrated with gasification and methanol synthesis.

Product overview

Perpetual Next is a biocommodity production company that builds, owns, and operates production facilities converting organic waste streams into renewable raw materials and fuels. The company's core offerings include Biomethanol (440,000 tonnes per year planned capacity by 2028 across multiple locations), Biomethaan/Green Gas (produced via anaerobic digestion and gasification), Perpetual Carbon/Biocoal (from carbonisation), and Biochar (for carbon removal and soil applications). Key production facilities include Baltania in Estonia (160kt biocoal/year), DeltaTorr/DeltaNor in Delfzijl Netherlands (350kt biocarbon + 220kt biomethanol/year), Methanol Moerdijk (216kt biomethanol/year), EemsGas joint venture (18 million m³ green gas/year), and TRINITY/Ellesmere Port (4 million m³ biogas/year). The company operates the proprietary C-Vertr carbonisation technology platform and is expanding into the United States with three biomethanol facilities planned.

Differentiator

Problem solved

Functional benefit

Brands

• Perpetual Carbon: Biocoal product line - renewable carbon product developed and produced from sustainably sourced organic residual flows
• Perpetual Gas
• C-Vertr

Products and services

• Biomethanol A one-to-one replacement for fossil-based grey methanol. Biomethanol serves as a key feedstock for chemicals, plastics, and coatings, and as a low-emission fuel for ships and vehicles. Produced via the Biomethanol Blueprint from sustainably sourced biomass using C-Vertr carbonisation followed by gasification and methanol synthesis. ISCC EU-certified with up to 95% CO2 reduction vs. fossil methanol.
• Biomethane (Green Gas) Renewable biomethane produced through anaerobic digestion of food waste and agricultural residues (Ellesmere Port TRINITY) and through gasification of woody biomass (EemsGas JV with Gasunie). Has the same composition as natural gas and can be injected directly into existing natural gas networks or liquefied as Bio-LNG. Sold to gas grid operators and energy distributors.
• Perpetual Carbon (Biocoal) Renewable carbon product developed and produced from sustainably sourced organic residual flows. Contains fewer pollutants than fossil carbon sources and directly replaces fossil coal in process industries (blast furnace PCI, sintering, EAF steelmaking, cement kilns, construction) without CAPEX-intensive modifications. Sold under the Perpetual Carbon brand.
• Biochar Pure carbon product obtained from carbonisation/torrefaction processes, containing 70–90% pure and stable carbon. Used for carbon dioxide removal (CDR), soil conditioning, cattle feed additive, concrete additive, carpet backing pigment, and horticultural/agricultural applications. Provides long-term carbon sequestration in soils and construction materials.
• Renewable Heat Renewable heat generated from low-quality wood waste (NTA8080) combustion at Perpetual Next Lelystad. Supplied to district heating networks serving utilities (Vattenfall, Ennatuurlijk, Green Solutions), providing warmth to 5,500 households and six office buildings, displacing approximately 7.5 million Nm³ of fossil natural gas per year.

Quantifiable outcome

• Up to 95% reduction in CO₂ emissions, up to 80% reduction in NOx emissions, and complete elimination of SOx and particulate matter emissions compared to conventional fuels
• +5 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Twelve partnerships are on record, tiered core, important and minor.

• Clarksons PLCcoreGTM or Marketing Partner · 13 May 2026Clarksons, the world's largest shipping-services group, selected as preferred broker for Perpetual Next's biomethanol in the maritime sector. Collaboration focuses on international offtake and market access through Clarksons' extensive international network spanning Europe, Asia, and the US. Clarksons brings Investment Banking, Green Transition, and Specialised Products capabilities to facilitate financial solutions, offtake possibilities, and last-mile logistics.
• JPB LogisticsimportantChannel Partner/ Reseller/ Distributor · 2 May 2026JPB Logistics appointed as preferred partner for biomethanol storage and handling at the Delfzijl/Farmsum facility. Target storage capacity 21,000–35,000 gross m³. Logistics via inbound pipeline, outbound barge movements, and truck loading as backup. MoU outlines non-binding intent pending Perpetual Next's final investment decision and commercial terms. JPB Logistics operates a tank terminal in Farmsum with berths for methanol storage and loading/unloading.
• Global Location Strategies (GLS)importantImplementation/ SI/ Consulting Partner · 20 April 2026GLS appointed to support Perpetual Next's biomethanol and torrefaction project development in the United States. GLS will assess potential production sites, prepare a definitive location choice report examining technical, commercial, permitting, infrastructure, and logistical aspects. Work includes comparative analysis of identified locations including a selected site in Georgia, broader feedstock market analysis, and site identification across southern US states.
• Bilfinger Engineering & ConsultancycoreImplementation/ SI/ Consulting Partner · 1 April 2026Bilfinger appointed as lead permitting consultant for the Methanol Moerdijk biomethanol facility. Covers environmental impact assessment (EIA/MER), permitting support, stakeholder coordination, and project management through sprints 1-6 of the Dutch permitting process. Selected for combined permitting and engineering capabilities and experience with complex industrial environmental permitting in the Netherlands.
• GasuniecoreStrategic or Co-development Partner · 1 January 2022EemsGas is a 50/50 joint venture between Perpetual Next and Gasunie (Dutch natural gas infrastructure company, 100% state-owned) established in 2022. The joint venture focuses on producing and distributing green gas from low-grade organic waste and residual flows (demolition wood). Gasunie provides infrastructure expertise and is developing the gasification plant in close cooperation with Perpetual Next. EemsGas secured €30 million DEI+ investment subsidy and €149.8 million SDE++ operating subsidy for a €100 million green gas facility at Delfzijl.
• TNO (Netherlands Organisation for Applied Scientific Research)coreTechnology or IntegrationTNO provides gasification technology for the EemsGas project at Delfzijl. The partnership enables conversion of demolition wood into synthetic natural gas (green gas) using TNO-developed gasification technology. The plant will deliver 18 million m³ green gas per year using leading-edge technology.
• TSI Inc.coreTechnology or IntegrationTSI (an American reactor manufacturer) is Perpetual Next's technology partner for torrefaction reactors. In March 2024, the companies signed an agreement for the production of eight large-scale torrefaction reactors each with 80,000 tonnes/year renewable carbon capacity. In November 2025, TSI and Perpetual Next officially started construction of the world's largest torrefaction reactor in Estonia. TSI also successfully commissioned a torrefaction reactor at its own facility in Georgia, USA in May 2025.
• Fluor CorporationcoreImplementation/ SI/ Consulting PartnerFluor serves as Perpetual Next's home engineer / Owner's Engineer for the biomethanol blueprint. Supports sustainable biomethanol project development in Delfzijl (as Owner's Engineer per July 2025 announcement). Fluor is also involved in the US rollout of Perpetual Next's biomethanol facilities. The blueprint was developed in collaboration with Fluor and Air Liquide, enabling rapid serial replication of biomethanol plants.
• Air LiquideimportantTechnology or IntegrationAir Liquide collaborated in the development of Perpetual Next's Biomethanol Blueprint, contributing expertise in gasification and methanol synthesis technologies.
• Gervais GreenminorOthersSenior partner at international law firm Schjødt (London-based, experience from Singapore). Appointed as member and formatter of the Supervisory Board of Perpetual Next, focused on composing an internationally profiled Supervisory Board ahead of new institutional equity partners joining.
• Hans van Tuyll van SerooskerkenminorOthersCFO of NAM (Nederlandse Aardolie Maatschappij), appointed as member of Perpetual Next's Supervisory Board. Former Finance Director at Shell Pernis (Europe's largest refinery) and worked ~10 years in the Middle East. Previously in investment banking at Kempen & Co.
• Groningen SeaportsimportantStrategic or Co-development PartnerGroningen Seaports and Perpetual Next reached agreement in March 2025 on reservation of a new production site for biomethanol near Delfzijl. Groningen Seaports participated in the Netherlands RVO trade mission to Japan alongside Perpetual Next.

Scale indicators17 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Enviva: World's largest producer of sustainable wood pellets, supplying biocarbon-like solid fuels for power, steel, and industrial markets; a broad incumbent adjacent to Perpetual Next's biocoal and torrefied biomass products.
• Nature Energy: Denmark's largest biomethane producer (acquired by Shell) operating anaerobic digestion and gas upgrading at industrial scale; a broad incumbent comparable to Perpetual Next's biomethane and biogas-to-grid operations.
• OCI Global: Global nitrogen and methanol producer that acquired BioMCN; a broad incumbent overlapping with Perpetual Next across the European biomethanol and ammonia value chains and providing potential competitive or partnership dynamics.
• Methanex: World's largest methanol producer with global production assets; serves the same downstream chemicals and fuels customers as Perpetual Next and has begun evaluating renewable methanol pathways, making it the benchmark incumbent in the methanol value chain.

Emerging players

• HIF Global: Chile-headquartered e-fuels developer producing e-methanol from green hydrogen and captured CO₂ for maritime and chemicals markets; competes with Perpetual Next for the same renewable-methanol offtake pools via a different feedstock pathway.
• Infinium: US-based e-fuels producer developing e-methanol, e-SAF, and hydrogen from green power and captured CO₂; an emerging competitor in the renewable-methanol space, particularly relevant given Perpetual Next's US expansion plans.
• Sunfire: German electrolyzer and e-fuels company developing e-methanol and synthetic fuel pathways from green hydrogen; an emerging competitor with overlapping downstream decarbonization customers in chemicals, shipping, and aviation.
• Liquid Wind: Swedish e-methanol project developer building commercial-scale facilities across Europe; a direct renewable-methanol competitor to Perpetual Next targeting maritime and heavy transport decarbonization.

Direct peers

• Carbon Recycling International (CRI): Iceland-based producer of renewable methanol (Emission-to-Liquids) from captured CO₂ and green hydrogen; a directly comparable renewable-methanol peer competing for similar maritime and chemicals offtake.
• BioMCN: Dutch producer of renewable biomethanol from glycerin and other waste feedstocks; the closest direct competitor to Perpetual Next in the European biomethanol market, sharing a Dutch industrial heritage and similar renewable-methanol value proposition.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/perpetualnext

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries3 records

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Perpetual Next