About

The first step towards the WPU facility in Odsherred Denmark was taken in 2019.

The company takes off as Niels Bagge and Niels Stielund in the autumn of 2019 decide to participate in the project only a few months apart.

In 2020 a succession of successful tests prove the technology’s great potential.

In August 2020 WPU alongside DTU receive financial support from the Innovation Fund in Denmark. The financial boost go to the further development of the technology.

In 2022 we enter a strategic cooperation with Vitol, one of the world’s largest energy and commodities companies.

Thus, the same year we turn the first sod on a new plant in Fårevejle in Odsherred Kommune. The facility is ready and starts production in April 2023.

The construction of a further two plants is already scheduled. They’ll be located in Nakskov and Esbjerg. They will be ready and hit full production in 2026.

Combined the plants will be able to process approximately 160,000 tonnes of plastic waste yearly.

Organizational chart

Niels Bagge

Niels Bagge is the administrative director of WPU. He has previously managed million-dollar projects – for the Danish Broadcasting Corporation and Nykredit. In 2017 he sold the lifting company HH-Intellitech which he also started.

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Niels Stielund

Niels Stielund is the chairman of the board and one of the main shareholders of WPU. He has 30 years’ worth of experience with creating companies while being the CEO of multiple companies in Denmark and abroad.

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