Fledgling firm Fire Green with unique patented bioburner seeks investor  

2007.11.21
Danish fledgling firm Fire Green based in northern Jutland, has developed and patented a unique CO2 neutral bioburner for oil-fired boilers
Danish fledgling firm Fire Green based in northern Jutland, has developed and patented a unique CO2 neutral bioburner for oil-fired boilers, which uses less oil and less electricity than conventional oil-burners. The company plans to build a factory and is looking for an external investor. Michael Jørgensen, director of Fire Green says: "Within five years we will be listed on the stock exchange. It is ambitious, but we have a good and strong patent on a unique product. We just lack capital for growth."
 
The bioburner can burn all vegetable oils, making it completely CO2 neutral and thus better for the environment than conventional burners. Fire Green makes the bioburner in various sizes, and compared to conventional burners it uses 10-20% less oil and reduces electricity consumption by 75%.
 
Fire Green has a customer who has saved DKK 250,000 (USD 47,500) annually on heating after installing the bioburner. Several universities and companies have contacted Fire Green with a wish to test their oils: "The bioburner can also handle pyrolysis oil that is made from for example leaves and bark. Nor are residual products from other production a problem, for example from the food industry," says Jørgensen. The total price of a bioburner is approx. DKK 20,000 (USD 3,800).
 
The news was reported by financial daily newspaper Børsen.

Next step

Explore business cases

Please contact me

Name
Company
E-mail
Phone
How can we help you?

IDK
We use cookies to make the website perform optimally. You accept cookies by closing the box or continuing to use the website. Click here to read more about cookies. ×