OUR COMPANY

A NOTE FROM KARL MAGNUS MATTSSON

Karl Magnus Mattsson - Founder and CEO

As I write this in 2026, I do so with both concern and hope.
We live in a world marked by uncertainty. War, instability, energy insecurity, climate change, and growing pressure on both people and nature are affecting all of us, directly or indirectly. Too often, it is the most vulnerable who suffer the most, especially women, children, and those with the least protection. For me, this has never been just about energy or technology. It is about people. It is about dignity. And it is about the future we leave behind.

This is also why I founded SWESTEP.
I have long felt that the world cannot continue on its current path, dependent on fossil systems that damage nature, weaken resilience, and leave many countries and communities vulnerable. We need a new direction. Not only one that is cleaner and more sustainable, but one that is wiser, more responsible, and built on common sense.

At SWESTEP, our vision is to be part of that change.
I believe that waste should not only be seen as a problem, but as a possibility. By transforming waste into valuable energy, fuels, and other resources we can help create a more circular and self sufficient future. Together with solar, wind, and other renewable solutions our technology can contribute to stronger local energy systems, reduced dependency, and a more stable foundation for both industry and society.

For me, this mission is deeply personal.
Throughout my life and international work, I have seen things that have stayed with me, poverty, injustice, exploitation, and the suffering that follows when systems fail and responsibility is missing. I have seen how hard life can be for people who have no voice, and I have seen how often children pay the highest price for the failures of adults. Those experiences shaped me. They made it impossible for me to look away. They also gave me a strong conviction that we must do better.

I believe that innovation must have a purpose.
Technology alone is never enough. It must be guided by conscience, by responsibility, and by a genuine desire to improve life for others. That is the spirit in which SWESTEP was created. Not only to develop technology, but to help create a better system — one that supports circularity, local value creation, energy resilience, and a healthier relationship with the planet.

I am deeply inspired by people who still believe change is possible, by entrepreneurs, by communities, by courageous decision makers, and not least by younger generations. I often find some of the clearest wisdom in conversations with children and grandchildren. They see the world with honesty. They remind us what really matters. And they remind us why we cannot wait.

As SWESTEP continues to grow internationally, I welcome dialogue and collaboration with governments, industrial partners, investors, and all those who share the belief that progress must serve both people and planet. The challenges we face are too large for any one company or country to solve alone. But together, we can build something better — something cleaner, safer, more circular, and more hopeful.

For me, this is about much more than business.
It is about responsibility - It is about courage - It is about acting while we still have the chance - And above all, it is about creating a future that we can be proud to hand over to the next generation.

At SWESTEP, that is the future we are working for every day.

 

 

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Here are the steps that guides our work

  • Attitude - Think about how you live today and what can you change.
  • Awareness - Be aware of how you act and live today.
  • Conscience - Feel what is right and what is wrong and act accordingly.
  • Ambitions: Use your ambition and act.
  • Responsibility - Show how you want to live, lead by example and others will take after / follow.
  • New attitude - By following these steps you will change your attitude and that of others, there is a great power in this and it will start a positive trend. Don’t talk, act. Don’t talk act.

THE PEOPLE

Karl-Magnus Mattsson

Founder & CEO – Board Member

Rolf Kroon

Chairman of the Board

Sebastian Fehrenbach

CTO – Board Member

Peter Kollert

CFO – VP

George Kinigalakis

Manager SWESTEP SEA

Lene Bromarker

Founder & HR – Board Member

JP Morgan Friberg

CMO - Creative Director

Jacob J. Jake

Head of IT & Security

Robbin Rabbani

CCO - VP Sales

Lars Mattsson

Board Member

Martin Porsgaard

Board Member

Hans Aherns

HR - Education

Christofer Friberg

VP Corporate Affairs

Ida Garcia

Advisor Environmental Science

THE END-PRODUCTS

RENEWABLE FUELS

Variations of transport fuel for transportation on land, air and sea; renewable fuels, lubricants, oil and additives for industry and heating oil for homes, offices and more.

SUSTAINABLE LIQUIDS

Ability to extract valuable raw
materials and chemicals from
the liquid to produce renewable
raw materials and circular products.

PERFORMANCE CHEMICALS

Endless options for the petrochemical
industry to refine Swestep's crude oil
into performance chemicals, which may
become the solution for many fossil-
dependent companies to "close the loop"

THE BUSINESS MODEL

SWESTEP’s business model is built on, in a responsible manner, develop, manufacture and sell SWESTEP Plants.

Each plant is built with the objective of providing a viable
and sustainable alternative in order to over time eliminate
the current fossil dependence.

The core business – Sales of SWESTEP Plants.
Each SWESTEP Plant is fully integrated to Swestep's SCADA system, a secure cloud connected process, report, track and control system.

Revenue is primarily generated
through the following sources:

  • Sales of SWESTEP Plants
  • Maintenance
  • Service agreements
  • Licensing of IP rights
  • Tests and feasibility studies
  • Workshops and seminars

THE MARKET

The demand for renewable fuels and sustainable liquids used to produce circular and climate friendly products is global.

Since the Industrial revolution, production of greenhouse gases and toxic chemicals have escalated tremendously, which has resulted in an urgent need to replace fossil fuels with alternative, renewable energy sources.

The UN and the EU have created clear directives to encourage the utilisation of renewable fuels.

The SWESTEP technology delivers a capital-efficient and profitable solution that produce renewable fuels, sustainable liquids and raw material alternatives.

Residues from the forest (Biomass) and municipal waste (MSW) are accessible globally and more than sufficient to replace fossil dependence.

In the future, conversion of organic waste and plastics to all kind of renewables (closing the loop) will, alongside energy solutions from water, solar and wind, be a largely sought-after commodity.

 

 

BUSINESS AREAS

AIR

Fuel – Energy – Assembling Oil – Water
Waste-to-profit Conversion Services

New Products, Materials, Liquids
and Energy for;

– Airports and its immediate surroundings
– Aviation Industry
– Airplane Recycling
– Distribution – Logistics – Packaging

LAND

Fuel – Energy – Heating Oil – Water
Waste-to-profit Conversion Services

New Products, Materials, Liquids
and Energy for;

– Agriculture
– Municipalities
– Industry (Textile, Plastic, Cosmetic etc.)

SEA

Fuel – Energy – Machine Oil – Water
Waste-to-profit Conversion Services

New Products, Materials, Liquids
and Energy for;

– Ports and its immediate surroundings
– Shipping Industry
– Ship Recycling
– Distribution – Logistics – Packaging

© 2025 SWESTEP. All rights reserved.

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