FordonsGas distributes CBG (Compressed Biogas) for the Swedish transportation market and owns and operates more than 40 filling stations in Sweden, making it one of the largest distribution networks for this alternative fuel in the country. The company employs 32 people and currently generates annual revenue of around 20 million euros. These stations offer an environmentally friendly fuel that is nearly 70% produced from renewable energies.
In Sweden, Air Liquide has supplied its gas liquefaction technologies to one of the world’s largest facilities for biogas production. This acquisition, which should be completed by the end of this year, will thus complement the Group’s positioning in the biogas market.
“This acquisition will constitute a major step for us in the sustainable mobility sector. It will allow us to be present across the biogas value chain, from the production of biomethane from organic and farm waste to purification, liquefaction and distribution. It will also be an opportunity to better understand the new consumer usages of sustainable mobility, today through the distribution of biogas and tomorrow through the distribution of hydrogen energy,” said Francois Darchis, member of the Air Liquide Executive Committee supervising Innovation.
Sweden is one of Europe’s key markets in the development of sustainable mobility based on biogas. In 2009, the Swedish government rolled out an Energy and Climate policy with the objectives of reducing greenhouse gas emissions by 40% between now and 2020 and eliminating the use of fossil fuels in the transportation sector entirely by 2030. Today, there are nearly 50,000 vehicles in Sweden that run on CNG, a number supportive of the rapid development of CBG as a fuel source.
Source: Air Liquide