EnviTec Biogas AG is Germany’s largest biogas producer and continues to invest in expansion
EQS-News: EnviTec Biogas AG
/ Key word(s): Expansion/Forecast
Own Investment reliably delivers highest revenue share for EnviTec Biogas EnviTec Biogas AG is Germany’s largest biogas producer and continues to invest in expansion “As an all-rounder and leading biogas producer in Germany, we are not only a major contributor to the energy transition but are also decarbonising other parts of the energy sector in general, such as the transport sector or in relation to building energy,” says von Lehmden. One such major contribution to the decarbonisation of the transport sector is EnviTec’s acquisition of BioEnergie Park Güstrow and its extensive conversion to Germany’s largest integrated bio-LNG plant plus CO2 liquefaction (LCO2). Von Lehmden: “Having acquired this plant, we can now operate as an independent provider of climate-neutral fuel for the utility/heavy goods vehicle transport market, making green LCO2 available and blazing a trail for the industry as a whole.” The green LCO2 is utilised in the food industry and will also become indispensable in the medium term for hydrogen derivatives. “Where biomethanol or biokerosine are needed and produced from hydrogen, a green carbon molecule is always required,” von Lehmden explains. This makes EnviTec already part of the hydrogen transition today. Forecast and outlook
About EnviTec Biogas AG EnviTec Biogas AG covers the entire value chain for the production of biogas, including the planning and turnkey construction of biogas plants and biogas upgrading plants as well as their commissioning. The company takes charge of biological and technical services on demand, and also offers operational management services. EnviTec operates 88 of its own plants, which currently makes it the largest biogas producer in Germany. EnviTec’s business activities also include the production and marketing of climate-neutral fuels (bio-LNG) for the transport sector as well as food-grade liquid carbon dioxide (LCO2). The company is represented in 16 countries worldwide by its own companies, sales offices, strategic partners and joint ventures. In 2022, the EnviTec Group generated revenue of EUR 382.8 million and EBT of EUR 66.6 million. The Group currently employs around 640 people worldwide. EnviTec Biogas AG has been listed on the Frankfurt Stock Exchange since July 2007. Contact
21.03.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
Language: | English |
Company: | EnviTec Biogas AG |
Industriering 10a | |
49393 Lohne | |
Germany | |
Phone: | +49 (0) 44 42 - 80 65 0 |
Fax: | +49 (0) 44 42 - 80 65 103 |
E-mail: | info@envitec-biogas.de |
Internet: | www.envitec-biogas.de |
ISIN: | DE000A0MVLS8 |
WKN: | A0MVLS |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1864111 |
End of News | EQS News Service |
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1864111 21.03.2024 CET/CEST