"We see great potential in biogas and will now continue to investigate the possibilities for development in the area. By investing in biogas, we would be able to ensure the utilisation of residual streams from Lantmännen's own production to an even greater extent and build on our circular business model," says Lars-Gunnar Edh, Head of Lantmännen's Energy Division.
With a high focus on resource efficiency and sustainability, Lantmännen currently processes grain and circular residues from the food industry into sustainable biofuels, green chemicals and raw materials for feed and food production. Lantmännen sees expanding through a new biogas business as a natural development of the business it currently operates – and in line with the goal of continuing to increase circular flows in the value chain from field to fork.
"With a large raw material base, the conditions are in place to be a stable partner against the gas market's increased need for renewable and fossil-free energy. In the process, biofertilizer is also created that can be used in agriculture and thereby create additional added value on our owners' farms and for Swedish agriculture in general," concludes Magnus Kagevik, President and CEO of Lantmännen.