Circlia Nordic ApS is a privately held company, established in 2014 under the name Bio2Oil ApS. Its founder, Ib Johannsen, has solid experience in chemical engineering and management acquired throughout his career in industry and academia.
Circlia Nordic specialises in developing the hydrothermal liquefaction process, a known process which has not previously been made profitable.
Circlia Nordic has acquired the central intellectual property rights to core aspects of the hydrothermal conversion process, especially related to minimizing pumping energy, increasing energy recovery and promoting a more well-defined and efficient conversion process. The intellectual property rights are complemented by a range of new inventions for further improvement of the process with the aim of reducing capital expenditure and operating expenses.
Circlia Nordic has a large international network and is presently involved in several national and international research grant applications and other projects such as:
In comparison, approximately 250 million tons of crude oil are used each year to make materials such as clothing, just as approximately 300 million tons of crude oil are used for sailing ships and 300 million tons for aircrafts.