Founded by Kalevi Niemi in 1981, a people-centred approach, green values and local sourcing have been important to this family business since the beginning. Their vehicles running on biogas can now be spotted on the basis of the green Biogas Label.
Renewal is a key element of Gasum’s strategy. In the past few years, the company has grown from a Finnish natural gas company to a Nordic energy company building the LNG and biogas markets in the Nordic countries while at the same time looking after the competitiveness of natural gas in Finland.
The Ministry of Economic Affairs and Employment has granted Gasum €7.83million in ’Bioeconomy and clean solutions' key project support for increased biogas production. Gasum is building the Nordic gas ecosystem, which also includes increasing biogas production. The company aims to construct a biogas plant in Lohja, Finland.
Developing the biogas market and the transport use of gas and increasing biogas production capacity are key elements of the Gasum strategy. The company has examined the possibility of constructing a biogas plant in Munkkaa, Lohja, in Southern Finland. More detailed design and planning of the biogas plant project will now commence.
”The ’Biogas and clean solutions’ key project support granted by the Ministry of Economic Affairs and Employment for increased biogas production is a strong indication of the State's commitment to the development of the biogas market in Finland. 100% Finnish and fully renewable biogas plays a key role in, for example, reducing transport emissions,” says Gasum CEO Johanna Lamminen.
The objective of the Government’s ’Bioeconomy and clean solutions’ key projects is to increase the use of renewable energy in a sustainable way so that its share will rise to more than 50% during the 2020s. This will be based, in particular, on the growth in the supply of bioenergy and other emission-free renewable energy.
Gasum’s current biogas capacity isaround 650 GWh per year. At its 12 biogas plants, the company processes around 800,000 tonnes of biomass per year. Gasum is the leading processer of biodegradable waste and supplier of biogas in the Nordic countries.
The biogas plants are located in Huittinen, Honkajoki, Kuopio, Oulu, Riihimäki, Turku and Vehmaa, Finland. Gasum also produces biogas with its partners in Espoo, Kouvola and Lahti. In Sweden, Gasum’s biogas plants are located in Jordberga, Katrineholm, Lidköping and Örebro, and Gasum also has a majority shareholding in a production plant located in Västerås. In addition, Gasum has a 50% shareholding in Vadsbo Biogas in Sweden.
For further information please contact:
Matti Oksanen, Director, Product Management and Solutions, Biogas, Gasum
Phone: +358 40 483 6035
Revenue €925 million, up 10% year on year (2016: €843 million)
Sales of Natural Gas business 22.3 TWh (23.8 TWh)
Sales of LNG business 6.1 TWh (5.8 TWh)
Sales of Biogas business 547.7 GWh (233.9 GWh)
Operating profit €114 million (2016: €125 million)
Gasum Group CEO Johanna Lamminen comments on 2017:
”In 2017 we expanded our gas market in line with our strategy on land and at sea. Gas plays an important role in the Nordic energy market and in the transition towards a carbon-neutral society. Our Group’s financial performance developed as expected.
According to the European Commission’s estimate, the role of natural gas as a key energy source will be strengthened in the next decades. Natural gas enables significant emission reductions in comparison with coal and oil. Natural gas also supports the transition to renewable energy as it serves as backup power for renewable production in electricity generation. Investments in gas are always investments in the future as the same infrastructure can be used for the distribution of biogas and liquefied biogas as well as for the storage of renewable electricity.
We took major steps towards a cleaner tomorrow during the year. At the beginning of 2017, we acquired Swedish Biogas International, which made us the biggest biogas producer in the Nordic countries. We also increased our ownership in the leading LNG company, Skangas, to 70%. The MangaLNG terminal constructed as a joint project is nearing completion, and we provided the terminal and the Northern energy market with the first shipload of LNG.
We also strengthened our gas filling station network by opening several new stations for cars and heavy-duty vehicles in Finland. We also launched the expansion of the heavy-duty vehicle filling station network into the Nordics in Sweden and Norway.
Finland’s new Natural Gas Market Act entered into force in January but will not have any major impacts on the functioning of the gas market at this point. The new Act will reduce regulation of natural gas wholesale and retail operations and, to a large extent, abolish special regulation concerning pricing. The Finnish gas market will be opened at the beginning of 2020.”
Please read the Q4 Financial statements bulletin >
For further information please contact:
Johanna Lamminen, Chief Executive Officer, Gasum
Phone: +358 20 44 78 661
(Henna Walker, Executive Assistant)
GASUM IN BRIEF
The energy company Gasum is a Nordic gas sector expert that together with its partners is building a bridge towards a carbon-neutral society on land and at sea. Gasum imports natural gas to Finland and promotes the circular economy by processing waste and producing biogas and recycled nutrients in Finland and Sweden. The company offers energy to heat and power production, industry and road and maritime transport. Gasum is the leading supplier of biogas in the Nordic countries. The company has gas filling stations in Finland, with some of these serving heavy-duty vehicles. The Gasum subsidiary Skangas is the leading liquefied natural gas (LNG) player in the Nordic market. The company continues to strengthen the position and infrastructure of LNG and supplies LNG to maritime transport, industry and heavy-duty vehicles in Finland, Sweden and Norway.
Gasum aims for continuous development of leadership, work wellbeing and workplace security. Launched in November, the Gasum Group workplace community audit has now been completed. Overall, the Group's wellbeing at work index is 4.4 on a scale of 1 to 6. The audit provides a good foundation for new measures to develop wellbeing at work.
Launched in November, the Gasum Group workplace community audit has now been completed. The audit involved a survey and in-depth interviews, and was conducted by an outside consultancy, MPS.
Almost 80% of our personnel in Finland, Sweden and Norway took part in the survey. Overall, the Group's wellbeing at work index is 4.4 on a scale of 1 to 6. The company's strategy and the objectives of the respondents' own work are regarded as clear. The scores for aspects such as the work of immediate supervisors, work motivation and personal work contentment are excellent.
The transformation of Gasum's business environment has been exceptionally rapid in recent years, and this has required a lot from Gasum and all its employees. According to the results, there is a strong understanding in the company about why the changes have been necessary. The period of transformation has understandably given rise to questions and created the need for continuous discussions about the direction and consequences of the process of change. In the future, particular attention must be paid to issues such as management and leadership, internal communications and openness of decision-making, taking the special characteristics of the business units into consideration.
The audit provides a good foundation for new measures to develop wellbeing at work. The Chairman of the Gasum Group Board of Directors, Juha Rantanen summarized his thoughts as follows:
"I'd like to thank the entire personnel for your high response rate to the survey. The results clearly indicate that the company has plenty of strengths. The company has a good strategy that the entire personnel are committed to implementing in a continuously changing operating environment. Next, the management will examine very carefully the areas in need of development identified in the audit and launch the implementation of development measures with the entire personnel. The Board of Directors will monitor the implementation of the measures and hopes to see joint efforts made by the management and the entire personnel to develop wellbeing at work."
The decision to launch the audit was made in November 2017, as the shop stewards at Gasum raised concerns about wellbeing at work to the Management Team and Board of Directors. Gasum took the raised concerns seriously, and the audit by an outside consultancy was launched immediately in November.
Olga Väisänen, Vice President, Communications, Gasum
p. 040 554 0578, firstname.lastname@example.org
Biogas helped solve brewery restaurant’s Bryggeri’s waste problem
Did you know that Gasum is Finland’s leading processer of biodegradable fractions? Thanks to our local biogas plant network, we provide a flexible service for public as well as private organizations. Take a look and ask us for a quote.