Kinnarps Fuels Up with Renewables, Ependion Eyes Tech Growth

Dagens industri reports that two Swedish firms, Kinnarps and Ependion, are independently advancing strategic objectives in sustainability and technology. Workplace solutions provider Kinnarps is reducing its environmental impact by switching its freight transport to Preem Redefine HVO100, a Svanen-labeled renewable diesel alternative. This initiative is part of Kinnarps' broader sustainability strategy to halve greenhouse gas emissions by 2030 from a 2019 baseline and achieve net-zero by 2050. The company reports a 46% reduction toward its 2030 target. The new HVO100 fuel reduces greenhouse emissions by over 90% compared to traditional diesel, representing an additional 17% emissions reduction for Kinnarps over its previous renewable fuel. Concurrently, the technology group Ependion is pursuing ambitious growth targets driven by global megatrends and strategic acquisitions. Ependion operates through two business units focusing on digital solutions for industrial applications. The first, Westermo, is a market leader for communication networks on trains, where new cybersecurity regulations are driving growth. Westermo has also expanded in the energy sector by acquiring the German company Welotec to bolster its power grid digitalization capabilities and by establishing a new unit in India. The second unit, Beijer Electronics, holds a strong position in the marine sector for Human Machine Interface (HMI) operator panels, with growth fueled by the industry's sustainability transformation.