Chemrec Revenue

Renewable Energy • Stockholm, Stockholm County, Sweden • 1-10 Employees

Chemrec revenue & valuation

Annual revenue	$256,665
Revenue per employee	$86,000
Estimated valuation?This valuation is estimated based on industry average for the Renewable Energy industry and current estimated revenues	$821,328
Total funding	No funding

Key Contact at Chemrec

Joe Michel

CEO

Company overview

Headquarters	Stockholm, Stockholm County, Sweden
Phone number	+4684404060
Website	chemrec.se
Keywords	Project Development, Biofuels, Gasification Technology, Pulp Industry
Founded	1987
Employees	1-10
Socials

About Chemrec

Chemrec AB (Chemrec) English: /ˈkɛmrɛk/ is a Stockholm, Sweden based company with comprehensive experience of pioneering the development of black liquor gasification (BLG) technology for energy- and chemicals recovery at pulp mills. The Chemrec process for gasification of black liquor from the chemical pulp industry offers to increase the yield of high value energy products form 15-16 % in modern recovery boilers to 22-23 % for the BLG electricity concept (BLGCC) or to 55 % for the BLG bio fuel concept (BLGMF), with 90+% green-house gas reduction. Low cost, low grade and abundant biomass energy then needs to be brought to the mill for a feed-stock swap to replace the gasified black liquor as feed-stock for production of steam and electricity in a biomass boiler, resulting in a total yield from added biomass to bio fuels of 70 % for the BLGMF concept. Chemrec AB is currently an Intellectual Property (IP) Holding Company offering an EPC/EPCM company the required license to practice the Chemrec BLG Technology. The Chemrec technology know-how is paired with strong skills in project development. Chemrec main owners are Environmental Technologies Fund LP, London UK and Nykomb Synergetics AB, Stockholm, Sweden.

Employees by Management Level

Total employees: 1-10

Seniority

Employees

C-Suite

Employees by Department

Chemrec has 1 employees across 1 departments.

Departments

Number of employees

Funding Data

Explore Chemrec's funding history, including investment rounds, total capital raised, and key backers.

Funding Date	Round	Amount	Link to Article
2008-12-27	1	N/A

Funding Insights

Number of funding rounds

Frequently asked questions

Chemrec is located in Stockholm, Stockholm County, SE.

You can reach Chemrec at +4684404060.

Chemrec generates an estimated annual revenue of $256,665. This revenue figure reflects the company's market position and business performance in its industry.

Chemrec has an estimated valuation of $821,328. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.

Chemrec was founded in 1987, making it 39 years old. The company has established itself as a significant player in its industry over this time.

Chemrec has approximately 1-10 employees. The company continues to grow its workforce to support its business operations and expansion.

Key Contact at Chemrec

Joe Michel

CEO

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