NG Nordic Company Profile

Background

NG Nordic is a leading Nordic provider of circular solutions and environmental services, addressing critical challenges such as climate change and resource scarcity. By transforming waste into valuable resources and eliminating hazardous substances from circulation, the company aims to reduce emissions and protect natural ecosystems. Through activities like reuse, collection, recycling, and depollution, NG Nordic enhances access to circular raw materials and contributes to the decarbonization of society. The company serves a diverse clientele, offering tailored, innovative solutions across the entire value chain, thereby adding value at every step. With a strong presence in the Nordic industrial infrastructure, NG Nordic aspires to become a European leader in its sector.

Key Strategic Focus

NG Nordic's strategic focus centers on pioneering circularity by providing comprehensive waste management solutions that encompass collection, recycling, and depollution. The company specializes in transforming waste into essential raw materials, thereby reducing the need for virgin resources and minimizing environmental impact. Key technologies utilized include advanced recycling processes, depollution techniques, and data-driven solutions that integrate local expertise to empower customers and promote sustainable growth. The primary markets targeted are the Nordic countries, with operations extending to Poland and the United Kingdom, serving industrial, commercial, and municipal clients.

Financials and Funding

In 2024, NG Nordic reported a revenue of €1.3 billion, reflecting its significant role in the Nordic waste management sector. The company operates 90 processing facilities and sites, handling approximately 4.4 million tonnes of waste annually. In late 2024, Summa Equity acquired Fortum Recycling & Waste through NG Group, facilitating the merger of NG Group and Fortum Recycling & Waste under the new brand NG Nordic. This strategic move aims to strengthen the company's position in the circular economy and expand its impact across Europe.

Pipeline Development

NG Nordic's pipeline development focuses on enhancing its waste management and recycling capabilities. The company has invested in advanced recycling technologies and depollution processes to improve the efficiency and effectiveness of its operations. Additionally, NG Nordic is exploring partnerships and collaborations to develop innovative solutions that contribute to the circular economy and support the transition to a low-carbon society.

Technological Platform and Innovation

NG Nordic employs several proprietary technologies and scientific methodologies to advance its mission:

Transparent Metal®: A traceability system that ensures full documentation and data confirming that recycled metals meet all ethical and environmental standards in compliance with current legislation.

Carbon2x Technology: A pioneering technology that converts captured CO₂ emissions into new products, such as plastic materials, thereby reducing greenhouse gas emissions and promoting sustainability.

Advanced Recycling Processes: Utilizing state-of-the-art recycling technologies to efficiently process various waste streams, recover valuable materials, and minimize environmental impact.

Depollution Techniques: Implementing processes to remove hazardous substances from waste streams, ensuring that recovered materials are safe and suitable for reuse.

Data-Driven Solutions: Integrating data analytics and local expertise to provide tailored solutions that empower customers and promote sustainable growth.

Leadership Team

NG Nordic's leadership team comprises experienced professionals committed to driving the company's mission:

Bjørn Arve Ofstad: Chief Executive Officer (CEO)

Kalle Saarimaa: Executive Vice President and Chief Operating Officer (COO)

Mathieu Berthoud: Chief Strategy Officer (CSO)

These leaders bring extensive experience in industrial operations, strategic development, and environmental services, guiding NG Nordic towards its goal of becoming a European leader in circular solutions.

Competitor Profile

Market Insights and Dynamics

The market for circular solutions and environmental services is experiencing significant growth, driven by increasing awareness of climate change, resource scarcity, and the need for sustainable practices. Companies like NG Nordic are well-positioned to capitalize on this trend by offering comprehensive waste management and recycling services that contribute to the circular economy.

Competitor Analysis

Key competitors in the Nordic region include:

SUEZ Recycling and Recovery Nordic: A subsidiary of the global SUEZ Group, offering waste management and recycling services across the Nordic countries.

Ragn-Sells: A Swedish company providing waste management, recycling, and environmental services throughout the Nordic region.

Stena Recycling: A Swedish company specializing in recycling and waste management services, operating in several Nordic countries.

These competitors offer similar services and are actively involved in promoting the circular economy within the region.

Strategic Collaborations and Partnerships

NG Nordic has engaged in several strategic collaborations to enhance its market position and innovation capacity:

SWIX Partnership: Collaborating to develop high-performance winter sports equipment using plastic made from CO₂ captured from waste incineration.

Mana and Equinor Partnership: Exploring the development of the Nordics' first large-scale Waste-to-Methanol project at Mongstad, aiming to convert non-circular waste into green fuel while capturing and storing carbon.

ABB Oy Collaboration: Partnering to bring electrical accessories products made from carbon dioxide-based plastic to market, focusing on the product development of carbon dioxide-based INGA plastic for the manufacture of light switches and sockets.

Operational Insights

NG Nordic's strategic considerations include:

Market Position: Leveraging its extensive network of 90 processing facilities and sites across the Nordic region, Poland, and the United Kingdom to maintain a strong market presence.

Competitive Advantages: Utilizing proprietary technologies like Transparent Metal® and Carbon2x to offer innovative and sustainable solutions that differentiate it from competitors.

Sustainability Commitment: Focusing on reducing CO₂ emissions and promoting the circular economy, aligning with global sustainability goals and enhancing its reputation as an environmentally responsible company.

Strategic Opportunities and Future Directions

NG Nordic's strategic roadmap includes:

Expansion: Continuing to expand its operations across Europe to strengthen its position as a leader in the circular economy.

Innovation: Investing in research and development to enhance recycling technologies and develop new solutions that contribute to sustainability.

Collaboration: Seeking additional partnerships and collaborations to drive innovation and expand its service offerings.

Sustainability Leadership: Maintaining a strong focus on sustainability to meet the growing demand for environmentally responsible services and to align with global climate objectives.