Press | Press releases TEASER 25 March 2020 CropEnergies: There is sufficient ethanol for disinfectants
Plant in Zeitz produces 1 million litres dailyCropEnergies AG, Mannheim, is not only the largest European producer of sustainably produced technical ethanol (alcohol), but also a producer of specially purified, drinkable neutral alcohol for pharmaceutical applications, cosmetics or beverages. As the production of neutral alcohol is reaching the limits of its capacity throughout Europe, CropEnergies is expanding the production volumes as far as technically possible and is also asking customers outside the disinfection market to make arrangements in the current situation. "Numerous customers are willing to do this so that we can supply the pharmaceutical industry. We are very grateful for this. Health comes first," says Joachim Lutz, Chief Executive Officer of CropEnergies AG. TEASER CropEnergies AG, Mannheim, will partially switch its production from fuel alcohol to neutral alcohol in order to meet the growing demand for ethanol as the main ingredient for disinfectants. TEASER Insider information publication according to section 17 MAR13 January 2020 CropEnergies decides succession for executive boardCropEnergies AG, Mannheim, has decided the succession for the executive board: Joachim Lutz, (63), CropEnergies AG‘s CEO, will retire at the end of the annual general meeting on 14 July 2020, after 14 years in the executive board. TEASER 13 January 2020 CropEnergies triples operating profitIn the first nine months of the financial year 2019/20 (1 March 2019 – 30 November 2019) CropEnergies AG, Mannheim, has significantly increased its revenues. They rose by 12 percent to EUR 668 (previous year: EUR 596) million. This is mainly due to significantly higher sales prices for renewable, climate-friendly ethanol. The 3 rd quarter contributed EUR 220 (previous year: EUR 203) million. TEASER Insider information publication according to section 17 MARCropEnergies AG, Mannheim, is again raising its outlook for the 2019/20 financial year due to continued robust demand for climate-friendly alternatives to fossil fuels and continued revenues for renewable ethanol that are significantly higher than in the previous year... to top of page | ContactIf you have any questions, or would like further information, please contact: Nadine Dejung-CustancePublic Relations / Marketing Tel.: +49 621-71-41-90-65 Fax: +49 621-71-41-90-04 Send e-mail --> Statement for the 1st-3rd Quarter1 March to 30 November 2019 Download (PDF, 311.58 KB) DownloadsFact Sheet bioethanolBenefits of European bioethanol Download (PDF, 516.53 KB) |
