Lamor Corporation

What Lamor Corporation does

Lamor Corporation Oyj is a Finnish environmental solutions company founded in 1982 in Porvoo, Finland, and publicly listed on Nasdaq Helsinki First North under the ticker LAMOR. The company is best known as a global supplier of oil spill response equipment and services, having invented the harrow-based oil skimmer that became the foundation of its technology platform. Lamor's offering spans three technology pillars: Environmental Preparedness (oil containment booms, skimmers, LSFO recovery systems, high-speed sweepers, workboats), Material Recycling (industrial water treatment, aquaculture flotation, plastic recycling process water), and Remediation & Restoration (contaminated soil and water remediation). Its flagship ongoing engagement is the KAK-Lamor joint venture for Kuwait Oil Company, a USD 380 million soil remediation contract addressing oil contamination from the 1991 Gulf War, extended to July 2027 with 6.5 million tonnes already processed.

The company operates across 100+ countries through subsidiaries and joint ventures, serving a primarily government, energy, port, and industrial customer base. Revenue streams combine multi-year remediation projects (e.g., Kuwait, Guyana ten-year hazardous waste contract, Saudi NCEC three-year service contract), equipment and technology sales (e.g., EMSA's ten LSLC7400 workboats, Syklo's EUR 1M+ ZLD plant, UNDP FSO Safer OSR equipment), 24/7 emergency response services (with hotline activation), and certified training (IMO OPRC, ICS, SCAT). Major customers include Kuwait Oil Company, EMSA, UNDP, NCEC Saudi Arabia, port authorities (Mongla, Bangladesh), and aquaculture operators. The company holds ISO 9001, 14001, and 45001 certifications and operates stockpile hubs across Europe including Porvoo and Rotterdam under EMSA framework.

Lamor's go-to-market is sales-led and project-driven: enterprise field sales teams pursue competitive tenders, UN-led programs, and consortium arrangements; event-based demand generation via exercises (JOSE, EMSA drills) and industry events (SpillAsia, Oil Spill India) builds relationships with governments and energy operators. Approximately 1,200 active team members globally execute these contracts, with headquarters in Porvoo, operational units in Kuwait, Guyana, Bangladesh, the Netherlands, and elsewhere, and a Nasdaq Helsinki IR program publishing regular stock-exchange releases.

Name

Lamor Corporation

Legal name

Lamor Corporation Oyj

Website

https://lamor.com

Company type

Public

Founded year

1982

Operating status

Operating

Headcount range

101–250 employees

Short description

Lamor Corporation is a Finnish publicly-listed environmental solutions company headquartered in Porvoo, founded in 1982, that designs and deploys oil spill response equipment, soil and water remediation systems, and material recycling technologies for governments, energy operators, ports, and industrial clients across 100+ countries.

Ownership category

akta.pro rank

Product category

Environmental Remediation Services

NAICS

Water and Sewer Line and Related Structures Construction (237110), Sewage Treatment Facilities (22132), Rubber and Plastics Hoses and Belting Manufacturing (326220)

SIC

Water, Sewer, Pipeline, Comm & Power Line Construction (1623), Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Pollution Control & Environmental Remediation (Booming, Skimming, Shoreline Cleanup) (TLAHAIAH)

akta.pro secondary industries

Water & Wastewater Treatment Plant Equipment (Clarifiers, Aeration, Membrane Systems) (IMAHAEAJ), Construction Management & Delivery (EPCM/CMAR/Design-Build Oversight) (EUANALAE)

Keywords

• Oil spill response
• Environmental remediation services
• Soil remediation technology
• Wastewater treatment systems
• Hazardous waste management

Headquarters

HQ city

Porvoo

HQ country

Finland

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Large-scale remediation contracts: Multi-year, multi-hundred-million-dollar remediation projects secured through competitive tenders and UN/consortium frameworks. Revenue recognized over project duration. Example: USD 380 million five-year Kuwait soil remediation contract.
2. Equipment and technology sales: Sale of environmental cleanup hardware including skimmers, booms, water treatment systems, workboats. Equipment ranges from containerized deployable units to permanent installations. Order exceeding EUR 1 million for Syklo ZLD water treatment system.
3. Emergency response services: 24/7 emergency hotline providing rapid deployment of equipped teams worldwide. Charges for on-call readiness and actual response operations.
4. Training and consulting services:

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Lamor Corporation designs, manufactures, and deploys environmental cleanup equipment and delivers environmental remediation, material recycling, and water treatment services worldwide. The company sells oil spill response systems (skimmers, booms, recovery vessels, workboats), Zero Liquid Discharge water treatment systems, and plant protection booms, while operating 24/7 emergency response, multi-year soil remediation projects, and certified training programs for governments, energy companies, ports, and industrial operators.

Product overview

Lamor Corporation is a global environmental solutions provider offering a comprehensive portfolio of environmental protection, material recycling, and remediation & restoration technologies. The company's product portfolio includes three core technology areas: Environmental Preparedness (oil spill response equipment including LSFO recovery systems, Imaros 2, MOS Systems, skimmers, and oil containment booms), Material Recycling Technology (solutions for industries, ports, and municipalities), and Remediation & Restoration Technology (for contaminated land and water). Additional products include LSLC7400 workboats and advanced water treatment systems with Zero Liquid Discharge capabilities. The company also provides expert-led training services and operates globally through a network of subsidiaries, joint ventures, and partners across more than 100 countries.

Differentiator

Problem solved

Functional benefit

Products and services

• LSFO Recovery Systems Low Sulphur Fuel Oil spill recovery systems designed for rapid, reliable response to the toughest LSFO spills in harsh conditions, sold to oil spill response operators and energy companies.
• MOS Systems (High-Speed Sweeper)
• Skimmer Systems Oil skimming systems based on Lamor's proprietary harrow collector design for recovering spilled oil from water surfaces, sold to spill response operators worldwide.
• Oil Containment Booms
• LSLC7400 Workboats Ultra Shallow Draft Landing Craft vessels designed for safe operation in oil spill response in coastal waters and open sea, also usable as support and multipurpose vessels, sold to maritime authorities and response operators.
• Advanced Water Treatment Systems (Zero Liquid Discharge) Turnkey Zero Liquid Discharge water treatment systems combining chemical precipitation, ultrafiltration, activated carbon filtration, and reverse osmosis, sold to industrial operators including plastic recycling and aquaculture facilities.
• Lamor Training Services
• 24/7 Emergency Oil Spill Response Services
• Large-Scale Soil Remediation Services Multi-year, multi-hundred-million-dollar soil remediation contracts (such as the USD 380M Kuwait Gulf War spill project) delivered through consortium/JV arrangements for governments and oil companies.

Quantifiable outcome

• 66% positive net impact ratio as assessed by The Upright Project (2022)
• +3 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Eight partnerships are on record, tiered minor and core.

• Singapore Salvage Engineering (SSE)minorStrategic or Co-development Partner · 1 October 2024Lamor provided comprehensive training on the MOS 22 high-speed sweeper system to SSE's team ahead of the JOSE 24 exercise in Singapore, organized with MPA Singapore. SSE demonstrated operational capability with the system at the event.
• WWF FinlandcoreStrategic or Co-development Partner · 1 March 2024Partnership to enhance oil spill response preparedness in the Baltic Sea. Lamor provides expertise and technology for joint training sessions with WWF Finland's volunteer oil spill response teams. Training exercises held in Kotka and Upinniemi.
• National Center for Environmental Compliance (NCEC) — Saudi ArabiacoreStrategic or Co-development Partner · 1 March 2021Three-year service contract (2021) to strengthen oil spill response capabilities in the Red Sea area. Services include resource assessment, contingency planning, personnel training, and maritime/air asset management. Five oil spill response vessels and three aircraft deployed.
• KAK (Khalid Ali Al-Kharafi & Bros. Co)coreStrategic or Co-development Partner · 1 January 2021Joint venture KAK-Lamor established in 2021 for soil remediation projects in northern and southern Kuwait. Original USD 380 million UN-led contract to clean land contaminated by the world's largest man-made oil spill from the 1991 Gulf War. JV extended in 2025 to July 2027 with approximately 6.5 million tonnes of contaminated soil already processed.
• GreenflowcoreStrategic or Co-development PartnerStrategic partner for integrated port protection solutions. Greenflow and Lamor completed Bangladesh's first MARPOL-compliant Port Reception Facility (PRF) at Mongla Port, marking completion of a broader integrated port protection system.
• European Maritime Safety Agency (EMSA)coreImplementation/ SI/ Consulting PartnerEMSA contract since 2005. Lamor operates five Equipment Assistance Service (EAS) stockpiles across Europe including the North-East Baltic hub in Porvoo, Finland and the Netherlands centre. Delivered ten LSLC7400 landing craft vessels in 2022. EMSA exercises conducted regularly.
• SyklocoreStrategic or Co-development PartnerSyklo ordered an advanced ZLD water treatment system for its plastic recycling plant in Hyvinkää, Finland. The EUR 1 million+ order represents Lamor's expansion of water technology into broader industrial applications. Deliveries scheduled for end of Q1 2026.
• UN Development Programme (UNDP)coreStrategic or Co-development PartnerUNDP ordered Lamor's oil spill recovery technology for the FSO Safer supertanker emptying operation in the Red Sea, Yemen. Lamor delivered skimmers, power packs, pumps, and oil booms from three stockpile locations.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Markleen: Norwegian provider of oil spill response and inland water protection equipment, including booms, skimmers, and storage systems. Closely comparable niche OSR manufacturer with similar product scope and customer profile in Northern Europe.
• Aqua-Barrier: Provider of water-filled containment and dewatering solutions used in environmental remediation and spill response. Adjacent but directly comparable technology for shoreline containment and water-management projects served by Lamor.
• Vikoma International: UK-based specialist in oil spill response equipment (booms, skimmers, weir systems) with decades of deployment experience. Directly competitive with Lamor on marine pollution control tenders, particularly in EMEA and Asia-Pacific.
• Elastec: U.S.-based manufacturer of oil spill response equipment including skimmers, booms, and portable incineration systems. Directly comparable to Lamor's environmental preparedness product line and customer base of port authorities, governments, and oil operators.
• Desmi: Danish industrial pump and environmental equipment manufacturer with a dedicated oil spill response division producing skimmers and booms. Similar Nordic heritage to Lamor, overlapping product portfolio and global OSR customer segments.

Broad incumbents

• Veolia Environnement: Global leader in water management, waste management, and environmental services. Overlaps with Lamor's industrial water treatment, hazardous waste handling (Guyana), and remediation services at much larger scale and balance sheet.
• Worley: Global engineering and project services firm with significant environmental, remediation, and energy transition practices. Comparable in delivering large-scale environmental remediation EPCM-style engagements such as the Kuwait soil project.
• SUEZ Water Technologies & Solutions: Global water treatment and recycling business serving industrial and municipal customers. Directly overlaps with Lamor's industrial water treatment (ZLD, UF, RO) and material recycling offerings.
• Clean Harbors: North American provider of environmental and industrial services including spill response, waste disposal, and remediation. Comparable in oil spill response services and hazardous waste management with substantially larger North American footprint.
• Ecolab: Global leader in water treatment chemicals, equipment, and services for industrial and institutional customers. Comparable technology stack for water treatment and substantial global reach in adjacent industrial verticals Lamor is entering.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/lamorcorp
• YouTubeyoutube.com/user/lamorcorp
• Facebookfacebook.com/lamorcorp
• LinkedInlinkedin.com/company/lamor-corporation
• Instagraminstagram.com/lamorcorporation/?hl=en

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

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 Lamor Corporation