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Geminor

European waste management, logistics, recovery, energy

Overview

Geminor provides resource management across Europe, handling waste processing, logistics, material recovery, and waste-to-energy. It processes about 2.5 million tonnes of waste per year and connects waste producers with incineration and recycling facilities in Norway, Sweden, Denmark, Finland, the UK, Germany, Poland, France and Italy. How it works: waste producers send residual waste to a network of facilities where it is processed to recover materials and generate energy, while Geminor coordinates transport and matches waste streams to facilities. Goal: turn waste into usable materials and energy to support a greener planet now and for the future.

Significant Headcount Growth

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About Geminor

Simplify's Rating
Why Geminor is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & ManufacturingEnergy

Company Size

51-200

Company Stage

Grant

Total Funding

$19M

Headquarters

Karmøy, Norway

Founded

2004

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Simplify's take

What believers are saying

  • Geminor handled 2.14 million tonnes in 2025, then 1.18 million tonnes in first-half 2026.
  • Norad's NOK5 million grant funds an Africa plastic-to-SRF project with cement decarbonization demand.
  • ROAF's 55,000-tonne residual waste contract and NOK180 million RDF agreements deepen recurring revenue.

What critics are saying

  • EU ETS reform weakens waste-incineration carbon pricing, pressuring Geminor's Nordic gate-fee economics in 2026.
  • Hull HUB's second phase needs capital and permits before plastic removal becomes defensible.
  • Africa SRF operations depend on local infrastructure and cement partners; failure would strand Norad-backed expansion.

What makes Geminor unique

  • Geminor spans nine European markets with logistics, processing, and certified fuel trading.
  • Its Hull HUB and Nordic operations tie waste sourcing to cross-border energy customers.
  • SBP certifications in Norway, Denmark, and Finland create documented biomass supply across Nordics.

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Funding

Total Funding

$19M

Above

Industry Average

Funded Over

3 Rounds

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison Coming Soon

Growth & Insights and Company News

6 month growth

0%

1 year growth

13%

2 year growth

14%
CemNet
Feb 24th, 2026
Norad funds Geminor plan to convert African plastic waste into cement fuel

Geminor has secured a NOK5m (US$0.521m) grant from Norad, the Norwegian Agency for Development Cooperation, to explore converting non-recyclable plastic waste in Africa into solid recovered fuel ...

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