What Lantmännen Agroetanol does

Lantmännen Agroetanol (legal entity Lantmännen Biorefineries) is a Sweden-based agricultural biorefinery operating as the energy division of Lantmännen, a farmer-owned Swedish agricultural cooperative. Founded in 2001 and headquartered in Norrköping, the company is the Nordic region's largest agricultural-based biorefinery, operating three production facilities in Kimstad, Lidköping, and Norrköping. The firm converts wheat, oats, and circular waste streams from the food industry into multiple product categories through a single integrated platform: 230,000 m³ annual capacity of ethanol-based biofuels (E5, E10, E85, E100, ED95 grades), biomaterials (technical starch, CO2, technical ethanol), protein- and fiber-based animal feed ingredients (returning to Swedish farms), and wheat- and oat-based food ingredients (including native food starch, oat fiber, wheat protein, oat protein branded as Proatein, and oat beta-glucan branded as Promoat).

The underlying technology is agricultural biorefinery: in the refining process, starch in grain is converted to ethanol while proteins become animal feed, producing a circular flow. The facility can produce both first-generation grain-based ethanol and second-generation advanced biofuel from alternative raw materials, and the company claims world-class climate performance for its ethanol. An ongoing 1.2 billion SEK investment is building a new pea protein facility in Lidköping, scheduled to enter production in the first half of 2026. In October 2025, Lantmännen Energi AB signed a preliminary agreement to acquire Polish biofuel company Ekobenz Sp. z o.o. from ARP S.A., extending the bioenergy footprint beyond the Nordic/Baltic home base.

The business model is B2B industrial with direct sales to enterprise customers across four horizontal segments: transportation fuel industry (renewable fuel components for gasoline blends and specialized ethanol fuels, including the Agro Clean Power E85 brand), industrial biomaterials buyers (technical starch, CO2, technical ethanol for windshield washer fluid, stove fuel, refrigerants, and other technical applications), animal feed manufacturers (Swedish-produced protein and fiber raw materials, primarily for cattle, including the Agrow Feed 90 high-protein feed), and food and beverage manufacturers (wheat- and oat-based ingredients for food, beverages, dietary supplements, and cosmetics). Revenue is generated through transactional product sales (pricing not publicly disclosed). Distribution is primarily direct industrial sales within Sweden with export reach into the Nordic/Baltic region and selected international food ingredient markets. As a division of the Lantmännen cooperative, the company benefits from farmer-secured raw material supply but does not disclose standalone financials.

Name

Lantmännen Agroetanol

Legal name

Lantmännen Biorefineries

Website

https://lantmannenagroetanol.se

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Lantmännen Agroetanol is the Nordic region's largest agricultural biorefinery, operating three Swedish facilities that convert wheat, oats, and food-industry waste streams into biofuels (230,000 m³/year ethanol), biomaterials, animal feed, and food ingredients for B2B industrial buyers.

Ownership category

akta.pro rank

Product category

Agricultural Biorefining / Bio-based Industrial Products

NAICS

Ethyl Alcohol Manufacturing (325193), Grain and Oilseed Milling (3112)

SIC

Grain Mill Products (2040)

akta.pro primary industry

Grain & Sugar-Based Ethanol Production (EUAAAHAA)

akta.pro secondary industries

Cellulosic & Advanced Ethanol Production (2G/3G) (EUAAAHAB), Bio-based Animal Feed Ingredients & Nutrition Co-products (e.g., DDGS, protein meals, yeast) (EUAAAIAI), Cellulosic Biofuels & Renewable Fuels (2G ethanol, SAF intermediates) (IMAMALAA)

Keywords

• Agricultural biorefinery
• Bioethanol production
• Biomaterials manufacturing
• Animal feed ingredients
• Plant-based food ingredients

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Biofuel Sales: Sale of ethanol-based biofuels including E5, E10, E85, E100, and ED95 for transportation fuel applications. The company has capacity to produce 230,000 m3 ethanol annually.
2. Biomaterials Sales: Sale of technical starch, CO2, and technical ethanol to industrial customers for various applications including technical applications such as windshield washer fluid, stove fuel, and refrigerants.
3. Animal Feed Ingredients: Production and sale of protein and fiber raw materials with low climate impact for animal feed, primarily for cattle. Returns to Swedish farms as part of circular economy model.
4. Food Ingredients: Development and marketing of unique wheat and oat-based ingredients for manufacturers of food, beverages, dietary supplements, and cosmetics. Products include native food starch, oat fiber, wheat protein, and drinking alcohol.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Lantmännen Agroetanol (operating as Lantmännen Biorefineries) is northern Europe's largest agricultural biorefinery, processing wheat, oats, and circular waste streams from the food industry into four product categories: ethanol-based biofuels (E5, E10, E85, E100, ED95) for transport, biomaterials (technical starch, CO2, technical ethanol) for industrial use, protein and fiber feed ingredients for livestock, and wheat- and oat-based ingredients for food, beverage, supplement, and cosmetics manufacturers. The company runs three production facilities in Sweden with a combined annual ethanol capacity of 230,000 m³.

Product overview

Lantmännen Biorefineries operates as northern Europe's largest agricultural biorefinery, processing wheat, oats, and circular waste from the food industry. The company operates a unified platform producing four interconnected product lines: Biobränsle (biofuel/ethanol for transport), Biomaterial (technical starch, CO2, technical ethanol), Foder (animal feed ingredients), and Livsmedelsingredienser (food ingredients). In the refining process, grain starch is converted to ethanol while proteins become animal feed, and fibers are processed into food ingredients. The company runs three production facilities in Kimstad, Lidköping, and Norrköping with a total ethanol capacity of 230,000 m³ per year.

Differentiator

Problem solved

Functional benefit

Brands

• Agro Clean Power: Biofuel brand including E85 ethanol fuel products
• Agrow Feed 90
• Promoat
• Proatein

Products and services

• Biofuel (Biobränsle) Ethanol-based biofuel grades for transportation and industrial fuel applications; the company has capacity to produce 230,000 m³ of ethanol per year from grain-based and advanced (second-generation) raw materials. Sold to fuel distributors and transportation buyers.
• Biomaterials (Biomaterial) Agricultural-based biomaterials including technical starch, carbon dioxide captured as a fermentation byproduct, and technical-grade ethanol for industrial applications. Sold to industrial buyers seeking renewable raw materials.
• Animal Feed Ingredients (Foder) Swedish-produced protein and fiber raw materials with low climate impact for animal feed, primarily for cattle. The protein co-product from ethanol refining is returned to Swedish farms. Sold to animal feed manufacturers and livestock producers.
• Food Ingredients (Livsmedelsingredienser) Wheat- and oat-based functional ingredients for manufacturers of food, beverages, dietary supplements, and cosmetics. Includes native food starch, oat fiber (with Promoat beta-glucan), wheat gluten, Proatein oat protein, and drinking spirit.
• Agro Clean Power (E85 Biofuel) Branded high-blend ethanol fuel (E85, 85% ethanol) for flexible-fuel vehicles, marketed under the Agro Clean Power sub-brand.
• Agrow Feed 90 Concentrated feed ingredient with 90% protein content for animal nutrition, targeted primarily at cattle feed formulations.
• Promoat (Beta-Glucan from Oat Fiber) Oat-derived beta-glucan ingredient marketed under the Promoat brand for use in food, beverages, dietary supplements, and cosmetics applications.
• Proatein (Oat Protein) Oat protein ingredient marketed under the Proatein brand, for use in food and sports nutrition applications.
• Pea Protein (Lidköping facility, in build-up) Plant-based pea protein from a new Lidköping production facility, intended to strengthen Swedish food preparedness. 1.2 billion SEK investment; production scheduled to begin first half of 2025 per the source.

Quantifiable outcome

• 230,000 m³ annual ethanol production capacity
• +1 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Ekobenz Sp. z o.o.coreStrategic or Co-development Partner · 1 October 2025Lantmännen Energi AB signed a preliminary agreement to acquire Polish company Ekobenz from ARP (Agencja Rozwoju Przemysłu) S.A. and its minority shareholders. The acquisition strengthens Lantmännen's position in the bioenergy sector through Ekobenz's operations and capabilities.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Neste: Finnish global leader in renewable diesel and SAF; broader incumbent in renewable transport fuels whose strategy to displace fossil fuels overlaps with Lantmännen Biorefineries' low-climate fuel value proposition.
• Green Plains: US corn ethanol producer pivoting toward higher-value protein and sustainable ingredient outputs through its biorefining platform; analogous multi-product biorefinery strategy though primarily US-focused.
• Ørsted (Bioenergy): Danish bioenergy operator converting wood chips and straw into heat and power; adjacent renewable energy player competing for sustainability-driven feedstock supply and policy support in the Nordic region.
• Archer Daniels Midland (ADM): Global agricultural processor and major ethanol producer; comparable as a large-scale grain-milling and biorefinery operator producing biofuels, feed ingredients, and food ingredients from the same agricultural inputs.
• POET: Largest US ethanol producer operating grain-based biorefineries with integrated bioproduct outputs (CO2, feed, corn oil); comparable business model and multi-product platform, but at much larger US scale.

Direct peers

• SEKAB: Swedish cellulosic ethanol producer focused on advanced biofuels from wood-based feedstock; directly comparable as a Nordic ethanol producer targeting transport decarbonization with similar sustainability positioning.
• UPM Biofuels: Finnish biorefinery producing advanced renewable biofuels from crude tall oil and wood-based residues; comparable as a forest/agri-feedstock advanced biofuel producer serving transport fuel markets.
• St1: Nordic energy company operating ethanol plants in Finland and Sweden producing renewable fuels including ethanol; competes in the same Nordic biofuel market with overlapping product grades.

Regional players

• Sunpine: Swedish renewable diesel producer using crude tall oil from Nordic pulp mills; comparable as a Swedish biorefinery converting forest industry residues into renewable transport fuels.

Others

• BioGaia: Swedish probiotic and microbiome ingredient company; thematically related as a Nordic sustainable ingredients business but not a direct biorefinery competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/LantmAgroetanol

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Lantmännen Agroetanol