Opcon Powerbox to supply green electricity for Svenska Foder

Opcon Powerbox to supply green electricity for Svenska Foder

Boxpower AB, a subsidiary of Opcon, the energy and environmental technology
Group, today signed a framework agreement with Svenska Foder concerning Opcon
Powerbox. In the first phase of the agreement a steam-driven Opcon Powerbox for
production of green electricity and heat will be installed at Svenska Foder's
biopowered steam boiler in Hällekis.

Svenska Foder has four plants in Sweden and is part of the Danish group, DLG,
which is Europe's third-largest producer of feed and grain with sales of around
SEK 48 billion and business in 24 countries.

Svenska Foder thereby becomes the first company in the agriculture and food
industry to install Opcon Powerbox, utilizing available energy in an innovative
and resource-efficient way.

“What Svenska Foder is doing is not only profitable from an economic
perspective, it is also a good investment for the environment. This involves
far-reaching improvements in energy-efficiency. In addition to producing steam
for its own processes, they will also produce green electricity and heat,” says
Rolf Hasselström, President and CEO of Opcon.

The Opcon Powerbox, which is powered by low-pressure saturated steam, will be
run at partial-load during production periods and then at higher load when
production stops. This will enable Svenska Foder to achieve optimum operation of
its boiler, with process steam used for production, generation of electricity
and supplies to the district heating network while maintenance and wear of the
boiler are reduced. 

“This is just the start of the commercialisation phase for our Opcon Powerbox.
By using saturated steam we can now offer industries where energy requirements
are less extensive, such as the food industry, attractive opportunities for
producing new electricity. This represents a large expansion of the market. We
are noting growing interest in the market for Opcon Powerbox and expect to
report more business in the near future,” says Rolf Hasselström, President and
CEO of Opcon.

In accordance with the framework agreement, Opcon and Svenska Foder will jointly
evaluate the technical requirements for installation of Opcon Powerbox at other
sites operated by Svenska Foder.

“We are making this installation at Hällekis but we see great possibilities for
this technology at our other sites, too. Using Opcon's technology we can produce
steam in a highly efficient way for production of animal feed while at the same
time generating electricity and heat. Possibilities for securing electricity
prices for a long period are also an important ingredient for us in our risk
management,” says Carsten Klausen, CEO of Svenska Foder AB.

The plant has been sold in accordance with the Opcon Boxpower concept, with
Boxpower owning and operating the plant and Svenska Foder paying for the
electricity that is supplied. Start-up is planned for 2010.

A part of Opcon's focus on Waste into Value, Opcon Powerbox is Opcon's
proprietary product for production of carbon-free electricity using primarily
waste and surplus heat starting at temperatures of 55° C. Opcon Powerbox can be
installed at plants in the process industry and at power plants, on large diesel
engines and after adjustment on large ships. Opcon Powerbox can produce up to
6,000 MWh per year.


 
For further information please contact:

Niklas Johansson, vice president, Investor Relations, tel. 08-466 45 00, 070-592
54 53

Opcon AB, Box 15085, 104 65 Stockholm
Tel. 08-466 45 00, fax 08-716 76 61
e-post: info@Opcon.se
www.Opcon.se

About Opcon
Opcon is an energy and environmental technology Group that develops, produces
and markets systems and products for eco-friendly, efficient and
resource-effective use of energy. 

Opcon has activities in Sweden, China, Germany, the UK and Denmark. There are
around 380 employees. The company's shares are listed on Nasdaq OMX Stockholm.
The Group comprises three business areas:

Renewable Energy focuses on generating electricity from waste heat, bioenergy,
systems for handling natural gas, industrial cooling, recycling of heat, drying
of biomass, treatment of flue gases, handling systems for bioenergy, etc., air
systems for fuel cells and measurement and monitoring of processes. 

Engine Efficiency focuses on ignition systems for combustion engines including
ethanol, natural gas and biogas engines. 

Mobility Products focuses on technology for positioning, motion and regulation
for electrical vehicles, electrical wheelchairs and hospital beds.