The company was started in 2003 and is situated in Örnsköldsvik, Sweden. Processum supports and initiate research and development within biorefinery. Together with other biorefinery initiatives, Processum's initiates with partners from industry, academy and public sector constitutes an important hub for development of new products, processes and energy solutions from wood raw material and residual streams from the process industry. Processum cooperate with national as well as international partners. Processum is owned by RISE Research institutes of Sweden (60 %) and Processum Interest Association (40 %), and is thus a subsidiary of RISE.