Swedish Cortus delivers new environmentally friendly gasification technology to Nordkalk

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.

About Cortus:
Cortus AB vision is to build the future of innovative and sustainable energy supply for power and process industries. Cortus working to become an international leader in industrial supply of clean renewable Energy gas from biomass based on the patented gasification technology WoodRoll®. Gasification technology is based on high thermal efficiency, fuel flexibility and a clean Energy gas without any pollution or contamination. Green energy through cost-effective production of biogas. More information www.cortus.se

About Nordkalk
Nordkalk is the leading producer of limestone-based products in Northern Europe. The products are mainly used in paper, steel and building materials industries, as well as environmental care and agriculture. The company's net sales for 2009 amounted to 277.3 M € and operating profit before tax and minority interests amounted to 27.1 M €. Nordkalk employs approximately 1200 people and has operations in over 30 locations in eight countries, including in Finland, Sweden, Poland, Estonia and Russia. Nordkalk is owned by Finnish Rettig Group Oy. More information www.nordkalk.com