Cortus has been selected as the one of the top 25 high-growth privately held cleantech companies in Europe for the Cleantech Summit, organized by the European Tech Tour Association in Geneva, Switzerland from 6 to 7 July 2011.
Cortus was selected from a pool of more than 200 interested companies. A group of highly regarded European professionals undertook the responsibility of screening and selecting the companies. It is composed of experienced and highly regarded senior professionals, from relevant backgrounds and industry expertise, such as venture capital, technology industry, investment banks, research and specialized press.
The event will see Cortus, represented by CEO Rolf Ljunggren, presenting to key European, US and Asian investors and professionals in the cleantech industry.
More information about the Summit could be found here.
Cortus is looking forward to this event!
Cortus acquires GEP Group
News — @ Friday, April 1, 2011
Cortus has acquired the business of consultancy company GEP Group on April 1, 2011 and therefore forms the subsidiary Cortus Engineering AB. The deal means that cooperation between Cortus and GEP on gasification technologies and projects has entered a new phase with this merger.
“Our customers will have a wider and more attractive offer on our innovative gasification technology WoodRoll® with GEP’s extensive knowledge and experience of process engineering, combustion and construction projects. The merger will give Cortus a solid implementation capacity of the challenges we face in Sweden, Spain and the United States,” says Rolf Ljunggren, CEO of Cortus AB.
GEP Group provides knowledge and networks necessary to develop gas processing systems and cost-effective projects. The company was founded in 2003, has six employees and an annual turn-over of 11 MSEK (2010). The company’s expertise includes engineering, methodology, procurement, commissioning, maintenance, safety and certification. GEP Group also offers access to equipments for gas applications and by working together with partners, the company is able to design and build complete biogas plants.
Primary customers of GEP Group today are gas suppliers, energy companies, metallurgical industries, food industries, pharmaceutical industries, petrochemical industries, municipalities and gas distributors. Previous customers of GEP Group include AGA, Nynas, Outokumpu Stainless, Stockholm Gas and Sandvik.
“GEP’s activities and broad experience in process and gas systems, matches Cortus’ gas production facilities perfectly, “says Pär Sjölin, president of Cortus Engineering AB, formerly CEO of GEP Group.
The projects that GEP has conducted within the gas processing field, both as project managers and as suppliers of complete plants, is in line with Cortus’ goals for the future. GEP’s consulting business will continue as before in Cortus Engineering, but will also be complemented with a focus on biogas systems, specifically on Cortus’ patented WoodRoll® process.
New Project Engineer for Cortus
News — @ Thursday, March 10, 2011
Marko Amovic will be joining Cortus as Project Engineer starting from 21st of March 2011. Marko has a Master of Science degree in Engineering and has previous working experiences as a CHP Project Engineer and also as a consultant in energy optimization. His passion and experience in this industry will be valuable to Cortus. He looks forward to the challenge of being in this exciting stage of Cortus’ growth
Cortus builds biomass gasification plant
News — @ Friday, February 18, 2011
The Swedish Energy Agency (Energimyndigheten) has decided to financially support the building of a plant for the gasification of biomass to green energy gas. The purpose is to gasify biomass in full scale in a new way to replace fossil fuels. Behind the patented process is the Swedish innovation company Cortus.
The project is an up scaling of previous pilot projects to verify the production flow of the patented WoodRoll® process that Cortus has developed, before building a major demonstration plant in Köping, Sweden.
“For us it is a very important step that we have received the Swedish Energy Agency’s acceptance of our technology for the indirectly heated gasification WoodRoll process”, says Rolf Ljunggren, Cortus CEO.
Cortus builds the integrated production flow plant where the drying, pyrolysis and gasification of different biofuels can be run in the scale of 500 kW. The plant is expected to be in operation in spring 2011. The project also includes performing process samples prior to building the ten times larger demonstration plant in Köping.
The plant is built in cooperation with Torkapparater AB, Concordance AB, AGA Gas AB, ÅF and Sandvik Heating Technology, among others. Funding comes from the Swedish Energy Agency, Triple Steelix, Movexum and Cortus.
This project is the first step in a planned collaboration on the production and supply of gasification plants, where the above parties see great potential.
“We expect that the experience gained on the production flow of the WoodRoll® process through this project will be important for our future demonstration plant in Köping and strengthen our offering of cost effective and innovative bio-energy solutions for power, transport and process industries. An important goal for us is of course to demonstrate a process that builds confidence and creates opportunities for new business for our Swedish and international stakeholders”, says Rolf Ljunggren.
Cortus selected as one of the stars in Nordic Cleantech Open
News — @ Thursday, February 3, 2011
Cortus is today announced as one of the finalists in the Nordic Cleantech Open competition of this years. The top 25 have a few traits in common:
- They are all targeting big international markets,
- They where founded relatively recently (a majority are less than two years old), and
- They have the potential to make a real positive change for the environment.
The top 25 were selected by a jury of 32 individuals, a lot of them very experienced investors and industrials and other people with insights in cleantech markets (see http://www.nordiccleantechopen.com/jury/ for full list) The Jury where instructed to evaluate the growth potential of the companies based on three things: the innovation, the market opportunity and the team of the companies.
The finalists represent a wide array of industries and technologies. Artificial Intelligence, Biogas, robotics, nano technology and a swap service for second hand goods is side by side with more well known cleantech sectors such as lighting, wind, wave and solar.
Jury member Michael Lauridsen comments:
“I have invested in this field over a number of years and I was surprised by the high quality of incoming applications. The potential of many of these start-ups is clearly very large. It was also encouraging to see promising ideas across such a broad range of cleantech segments.”
Michael Stuer Lauridsen is a partner of BankInvest New Energy Solutions. He has more than 25 years experience from Schneider Electric, Siemens and ABB.
The finalists will now be convened for a networking weekend at Trolleholm castle, outside Lund (Sweden), to meet and work on their business cases with selected investors and industrials.
After this, showcasing events in London and a final event in Copenhagen is lined up for the participants.
Cortus is proud to be one of the 25 best Nordic cleantech startups!
Order for engineering of a new gasifyer
News — @ Thursday, February 3, 2011
Cortus has received an order for engineering of a new gasification installation in Spain. The order is given by a European recycling company. The order value is 1,5 MSEK and the work finalized by August 2011.
Cortus is very delighted to have a new customer for our groundbreaking gasification technology and look forward to further proceedings in this new business.
Christmas Greetings From Cortus
News — @ Wednesday, December 22, 2010
Mats Thideman will join Cortus
News — @ Friday, October 29, 2010
Mats Thideman will start as CFO at Cortus from 1st of January 2011. Mats will strengthen the Team at Cortus with his long and vast experience in the financial field. Mats former experience is within small to medium size enterprises, in both listed and privetely owned company. Mats will be one of the cornerstones in our business growth.
Cortus in Destination Sweden
News — @ Monday, September 27, 2010
“Destination Sweden” pays tribute to the inspiring achievements of Swedish industry in all its diverse sectors, and to the policies and technological innovations that have shaped them.
Cortus is one of the companies that represents Swedish environmental technology and on page 78 you can read more about the benefits of the WoodRoll process.
Find your free copy of the book at nearest trade fair or conference related to Swedish commercial activities or view it online.
Meet us at Stockholm Cleantech Venture Day the 30th of September
News — @ Thursday, September 9, 2010
The Stockholm Cleantech Venture Day is a full day conference and meeting place for investors and innovators/entrepreneurs within the Cleantech sector.
The event, held on the 30th of September,will gather 25 interesting, carefully selected Cleantech companies which will present their investment cases to leading international investors and decision-makers. Cortus is one of the selected companies.
Come and listen to our pitch and afterwords meet us in our exhibition booth.
For more information about the event, click here or on the picture above.
Cortus delivers new environmentally friendly gasification technology to Nordkalk
News — @ Monday, August 23, 2010
Cortus AB and Nordkalk AB has signed a twelve year contract for supply of biogas to the Nordkalk factory in Köping, Sweden. Cortus innovative gasification technology WoodRoll will reduce energy costs and lower greenhouse effect of the Nordkalk operations. The Biogas from Cortus reduces Nordkalk’s consumption of coal as an energy source for the benefit of renewable energy.
The deal initially involves the construction of a 5 MW demonstration plant, with delivery scheduled to start the second half of 2011. After two years the plan is to expand the facility to 25 MW and thus becomes the dominant energy source for the Köping factory. By extension, it means that Cortus will supply biogas to Nordkalk corresponding to a reduction in carbon emissions by 70 000 tons annually at full capacity. The transaction is subject to Cortus financing the construction of the plant in Köping.
“We have for years sought to future energy supplies for our lime kilns. Gasification of biomass has long been the focus but it is only when we have seen results from the gasification process WoodRoll by Cortus, that we have chosen the road of our future energy supply, “says Michael Wendel, Technical Director at Nordkalk in Sweden.
“Supply Agreement with Nordkalk means that we take the step into a commercial supply of biogas on a large scale and confirms the strength of our new patented gasification technology WoodRoll for process industries,” says Rolf Ljunggren CEO and founder of Cortus AB.
Cortus AB was founded in 2006 and has received support in business development, finance and network of business incubator STING. Cortus AB has also taken money from venture capital fund STING Capital, which invests in innovative growth companies in early stages.
New WWF Climate Solver Video
News — @ Thursday, July 15, 2010
WWF Climate Solver has made a new video about WoodRoll. Click here to check it out!
Check Out Globe Forum’s Crowdsourcing the Future
News — @ Monday, May 10, 2010
Our partner Globe Forum has set up an entirely exciting way of crowdsourcing for funds and support for innovation. Named “Crowdsourcing the Future” – they launched a new web platform where innovations can be showcased for interested parties to fund.
Check out Cortus’ personal page here.
Cortus in Metroteknik
News — @ Wednesday, April 7, 2010
Cortus was featured in one of Sweden’s most widely read tech magazines, Metroteknik. Read the article here.
Meet Cortus at Sveriges Energiting
News — @ Tuesday, March 16, 2010
Meet Cortus at Sveriges Energiting, Sweden’s foremost forum on Energy held at Stockholmsmässan. We will be at the Investor Forum (Session 11) on the 16th of March.
February Pilot Gasification Campaign
News — @ Tuesday, February 9, 2010
We have been busy the last two weeks with our latest gasification campaign. Several of our customers, investors and partners came down to see the demonstration – and left with smiles!
Christmas Greetings from Cortus
News — @ Monday, December 21, 2009
Spot Cortus at Arlanda Airport, Stockholm
News — @ Tuesday, November 3, 2009
You can find Cortus at Arlanda Airport! Spot these stands at the Departure Hall of Terminal 5:
Cortus in Sweden Today
News — @ Tuesday, October 27, 2009
In a piece titled “Green Power for Process Industries”, Cortus was featured in Sweden Today. Sweden Today is a quarterly magazine that reports on Swedish cutting edge technology and emerging buisness markets.
Cortus gasification technology will allow energy-intensive industries such as steel and pulp and paper to green their activities without sacrificing their productivity.
said the article.
Meet Cortus at Globe Forum Gdansk
News — @ Friday, October 9, 2009
We will be at Globe Forum Gdansk in October 2009 as part of the Innovators Competition. Read their blog post here.
Cortus AB announced in CleanTech Invest 2009
News — @ Wednesday, September 30, 2009
Europe Unlimited announced that Cortus AB has been selected to present by international investors at CleanTech Invest 2009 in Vienna on 8th October.
Rolf Ljunggren, CEO of Cortus AB said “We are delighted to be part of Cleantech Invest 2009. It is a reward for the excellent technologies and hard work from a skilled team that has brought us to this stage. We look forward to connecting with a Europe-wide investor community.”
Click here for the press release.
WoodRoll® recognized as a WWF Climate Solver
News — @ Tuesday, September 29, 2009
Cortus’ gasification technology, WoodRoll® was recognized by WWF as a Climate Solver at Stockholm Cleantech Venture Day:
The WoodRoll biomass gasification for process industries developed by Cortus AB is an inspiring example of a non-fossil, non nuclear climate innovation with the potential to substantially reduce greenhouse gas emissions.
Cortus aims to constantly innovate to create value for our customers as well as build a better future together.
Meet Cortus at Stockholm Cleantech Venture Day
News — @ Tuesday, September 15, 2009
Cortus was recently announced as one of the top 25 scandinavian cleantech startups. Come hear our pitch at SCVD on the 29th of September. Find details here. Press release by SCVD.
Environmental Permit Granted for Demonstration Plant
News — @ Tuesday, September 8, 2009
Our upcoming demonstration plant to be built in Köping with our partner Nordkalk has been granted the environmental permit by the city council. We were featured in the local paper, the bargslagsbladet [in Swedish].
Cortus on processnet.se
News — @ Friday, September 4, 2009
Processnet, a Swedish news journal on process industries, featured us on their pages – check it out here.
Cortus on Ambassador Wood’s One Big Thing List
News — @ Tuesday, June 30, 2009
Cortus was placed on US Ambassador to Sweden Michael Wood’s One Big Thing list. The goal of One Big Thing to gain “Collaboration with Sweden to Achieve a Breakthrough in Alternative Energy”. You can view the entire list here.
Successful Run of Second Pilot Gasification Campaign
News — @ Tuesday, May 12, 2009
Tests of gasification of charcoal powder was carried out as part of the verification of Wood Roll. The technique has worked well, and effects up to 150 kW Energy gas has been produced in an indirect heated reactor. Click here to view the press release.
Meet Cortus at Globe Forum 2009
News — @ Saturday, May 9, 2009
The Globe Award jury has nominated Cortus AB to be a finalist at the Globe Awards in the Sustainability Innovation category. Check out their news page here. We hope to meet you at Globe Forum 2009!
Cortus Featured on NyTeknik
News — @ Friday, February 20, 2009
NyTeknik has for over 40 years reported on technological developments and trends in Sweden. Cortus was featured in it today, and you can read the electronic version here!
Cortus on Realtid
News — @ Friday, February 20, 2009
You can find Cortus featured on Realtid.se here.
E24 Entreprenor Features Cortus
News — @ Friday, February 6, 2009
