Sunpine
- Company typePrivate
- Founded2006
- HeadquartersCalgary, Canada
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
Sunpine firmographics
Firmographics- Name
- Sunpine
- Legal name
- Sunpine AB
- Website
- https://sunpine.se
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Sunpine industry classification
Industry- Product category
- Advanced Biofuel Feedstock
- NAICS
- Cyclic Crude, Intermediate, and Gum and Wood Chemical Manufacturing (325194), Fats and Oils Refining and Blending (311225), Petroleum Refineries (32411), Petrochemical Manufacturing (32511), Petroleum and Coal Products Manufacturing (3241)
- SIC
- Petroleum Refining (2911), Fats & Oils (2070), Industrial Organic Chemicals (2860), Miscellaneous Products Of Petroleum & Coal (2990)
- akta.pro primary industry
- Renewable Diesel (HVO/HEFA) Production (EUAAAHAD)
- akta.pro secondary industry
- Oilfield & Refining Specialty Chemicals (IMAEABAI)
Keywords
Where Sunpine is headquartered
LocationHeadquarters
- HQ city
- Calgary
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Sunpine business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Infrastructure, Technology or R&D, Operations, Personnel
Revenue model
- Raw Tall Diesel sales: Sunpine's primary revenue stream is the sale of ISCC-certified Raw Tall Diesel, an advanced biofuel feedstock. The product is sold to customers across Europe who further refine it into HVO (Hydrotreated Vegetable Oil) for road transport, sustainable aviation fuel, and marine biofuels. The product offers 4–12% better yield than comparable feedstocks and requires 40% less hydrogen in refining.
- Bio-oil sales: Bio-oil is sold as a fossil-free heating oil for boilers and heating plants, and can replace fossil oils in Sweden's district heating networks. It is also used internally in Sunpine's production process and supplied to raw material suppliers.
- Rosin sales: High-quality, renewable, and fossil-free rosin is sold to industrial manufacturers for use in binders, tackifiers, adhesives, tapes, printing inks, coatings, paper, and electronic manufacturing. Produced at Haraholmen facility using 99 percent fossil-free energy.
- Alpha-Pinen sales: Since 2024, Sunpine has extracted and sold alpha-pinen refined from turpentine. Used in production of fragrance components for perfumes, cosmetics, cleaning products, and as chemical building blocks in solvents, adhesives, paints, and tire rubber.
- Excess heat sales to PiteEnergi: Sunpine recovers excess energy from its production process and delivers it to PiteEnergi, which converts it into district heating supplied to nearby industries and facilities at Haraholmen. Approximately 2.5 km of district heating pipes at Haraholmen. In 2025, Sunpine supplied equivalent of 1,770,970 kWh of district heating to PiteEnergi.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
Sunpine product offering
Product offeringCore offering
Sunpine is the world's largest producer of Raw Tall Diesel, an ISCC-certified advanced biofuel feedstock refined from crude tall oil, a residual by-product of the pulp and paper industry. Using its proprietary, patented, and Polhem Prize-winning production process, the company refines crude tall oil into four fossil-free products (Raw Tall Diesel, bio-oil, rosin, and alpha-pinene) and recovers excess heat for district heating, serving biofuel producers, specialty chemical manufacturers, and energy utilities across Europe.
Product overview
Sunpine offers a portfolio of four fossil-free products refined from crude tall oil, a renewable by-product of the pulp and paper industry: Raw Tall Diesel (ISCC-certified advanced biofuel feedstock with up to 99.7% CO2 reduction, used in road transport, aviation, and shipping), Bio-oil (fossil-free heating oil for industrial boilers and district heating networks), Rosin (high-quality binder and tackifier for adhesives, tapes, inks, and coatings), and Alpha-pinene (fragrance component and chemical building block for solvents and surface coatings). The company also recovers excess heat from its production process for district heating delivery to local industries. Sunpine operates the world's largest crude tall oil facility at Haraholmen in Piteå, Sweden, with a production capacity of approximately 200,000 tons per year and a patented, nearly 99% fossil-free process protected by around 90 patents.
Differentiator
Problem solved
Functional benefit
Products and services
- Raw Tall Diesel ISCC-certified advanced biofuel feedstock made from crude tall oil with up to 99.7% CO2 reduction. Sold to large-scale biofuel producers and energy companies across Europe who further refine it into HVO100 for road transport, sustainable aviation fuel, and marine biofuels. Offers 4-12% better yield than comparable feedstocks and requires 40% less hydrogen in refining.
- Bio-oil Fossil-free heating oil derived from crude tall oil, used in boilers, heating plants, district heating networks (especially in Sweden), and energy-intensive industrial processes such as mining and steel production. Also used internally in Sunpine's production process and supplied to raw material suppliers.
- Rosin High-quality, renewable, and fossil-free rosin refined from crude tall oil at the Haraholmen facility using a 99% fossil-free energy process. Sold to industrial manufacturers for use in binders, tackifiers, adhesives, tapes, printing inks, coatings, paper, and electronic manufacturing processes.
- Alpha-pinene Versatile pine-scented product extracted from crude tall oil, used as a fragrance component in perfumes, cosmetics, hygiene products, and cleaning products. Also serves as a chemical building block in solvents, adhesives, paints, surface coatings, and tire rubber.
- Excess heat (district heating) Excess energy recovered from Sunpine's production process and delivered to PiteEnergi for conversion into district heating distributed to nearby industries and facilities at Haraholmen via approximately 2.5 km of district heating pipes.
Quantifiable outcome
- CO2 reduction value of up to 99.7 percent
- +6 more outcomes
Companies that use Sunpine
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles3 records
Sunpine technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Sunpine partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- VAROPreemcoreVAROPreem acquired Sunpine in 2026 from Sveaskogs Förvaltning AB, Södra Skogsägarna ekonomisk förening, and Lawter Europe BV. Preem was acquired by VARO Energy, forming VAROPreem. The transaction creates significant potential synergies between two key players in the European market for fossil-free transport fuels. VAROPreem was already a major customer and co-owner prior to full acquisition.
- Valeri NaydenovcoreValeri Naydenov, lead chemist and Senior Advisor at Sunpine, co-developed the Polhem Prize-winning Raw Tall Diesel production process alongside founder Lars Stigsson. Naydenov continues as Senior Advisor contributing to technology development.
- PiteEnergicoreSunpine recovers excess energy from its production process and delivers it to PiteEnergi, which converts it into district heating for nearby industries and facilities at Haraholmen. Approximately 2.5 km of district heating pipes serve the Haraholmen industrial area. In 2025, Sunpine supplied 1,770,970 kWh of district heating to PiteEnergi.
Scale indicators8 records
Recent moves8 records
Expansion highlights6 records
Sunpine competitors and assessment
Company assessmentDirect peers
- Kraton Corporation: Global specialty chemical company producing tall oil-based products including rosin, terpene, and pitch derivatives. Kraton competes directly with Sunpine's rosin and alpha-pinene product lines for the same specialty chemical customers in adhesives, tackifiers, and coatings.
- UPM Biofuels: UPM Biofuels is the only other major commercial producer of advanced biofuels from crude tall oil (UPM BioVerno diesel at the Lappeenranta biorefinery). Direct feedstock and end-market overlap with Sunpine, and UPM is both a pulp major and a competing CTO refiner—making it Sunpine's closest peer and competitor.
- Lawter: Specialty chemicals producer of rosin-based resins and tackifiers (formerly a Sunpine co-owner from 2014–2026). Direct overlap with Sunpine's rosin and terpene derivatives product family in the adhesives and inks markets.
Regional players
- Eco经营/Biofuels Energy (Diamond Green Diesel): Diamond Green Diesel (joint venture of Darling Ingredients and Valero) is the largest North American renewable diesel producer using waste fats/oils. Comparable in scale and product category (HVO/renewable diesel from residual feedstocks) but operates in a different geography with different feedstock mix.
- UPM-Kymmene: Finnish pulp and paper major and parent of UPM Biofuels. UPM is both a critical CTO feedstock producer and a competing biofuel refiner in the Nordic region, making it a vertically adjacent peer with deep strategic overlap.
- St1: Nordic energy company producing advanced ethanol and renewable diesel from waste-based feedstocks. Operates primarily in Finland and the Nordics with comparable focus on advanced biofuels from residues, competing for similar Nordic/European customers and feedstock supply.
Broad incumbents
- Neste: Global leader in renewable diesel (Neste MY) and sustainable aviation fuel, using waste and residue feedstocks. While Neste does not focus on crude tall oil specifically, it is the dominant European HVO/SAF producer and a major buyer of advanced feedstock—competing with Sunpine's downstream customers for share of the European renewable diesel market.
- TotalEnergies ( biofuels division): TotalEnergies is a major European refiner investing heavily in biofuels, SAF, and renewable diesel capacity. As an integrated oil major building advanced biofuel capacity, it competes for the same European renewable diesel demand that Sunpine's feedstock ultimately serves.
Others
- Södra Skogsägarna: Major Swedish pulp producer and former 25% owner of Sunpine. Södra is a key upstream supplier of crude tall oil from its pulp mills and was historically both a feedstock partner and co-owner of Sunpine, making it a critical adjacent player in Sunpine's value chain.
Emerging players
- SkyNRG: Specialist sustainable aviation fuel producer focused on SAF market development and project financing. Comparable in that it addresses the same ReFuelEU Aviation-driven SAF demand Sunpine's Raw Tall Diesel targets, though SkyNRG is a downstream SAF aggregator/producer rather than a feedstock refiner.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Sunpine social profiles
Digital presenceSunpine compliance and trust
Trust signalCompliance2 records
Sunpine financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sunpine leadership team
Management profileNumber of profiles
Profiles8 records
Sunpine funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sunpine M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sunpine
What does Sunpine do?
Sunpine is the world's largest producer of Raw Tall Diesel, an ISCC-certified advanced biofuel feedstock refined from crude tall oil, a residual by-product of the pulp and paper industry. Using its proprietary, patented, and Polhem Prize-winning production process, the company refines crude tall oil into four fossil-free products (Raw Tall Diesel, bio-oil, rosin, and alpha-pinene) and recovers excess heat for district heating, serving biofuel producers, specialty chemical manufacturers, and energy utilities across Europe.
Is Sunpine a public or private company?
Sunpine is a private company. It is classified as corporate owned and is currently operating.
When was Sunpine founded?
Sunpine was founded in 2006. It employs 51 to 100 people.
Where is Sunpine based?
Sunpine is headquartered in Calgary, Canada, in the North America region.
How does Sunpine make money?
Five revenue lines are on record. Raw Tall Diesel sales are the primary driver. The others are bio-oil sales, rosin sales, alpha-Pinen sales and excess heat sales to PiteEnergi.
Who are Sunpine's main competitors?
Direct peers on record are Kraton Corporation, UPM Biofuels and Lawter. Regional players are Eco经营/Biofuels Energy (Diamond Green Diesel), UPM-Kymmene and St1. Broad incumbents are Neste and TotalEnergies ( biofuels division). Södra Skogsägarna is listed as an others. SkyNRG is listed as an emerging player.
Does Sunpine have an API?
No public API is recorded for Sunpine.
What industry is Sunpine in?
Sunpine's product category is Advanced Biofuel Feedstock. Its primary akta.pro industry code is EUAAAHAD, Renewable Diesel (HVO/HEFA) Production, with a secondary code of IMAEABAI, Oilfield & Refining Specialty Chemicals. Its NAICS code is 325194 and its SIC code is 2911.