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Mannheim, 18 February 2015 - CropEnergies AG, Mannheim, temporarily pausing production of its English subsidiary Ensus UK, Wilton. This decision has been made due to the current difficult situation in the European bioethanol market which the dramatic drop of oil prices in the last few months has exacerbated. Bioethanol prices reached an all-time low of EUR 417 per cubic meter FOB Rotterdam on 15 January 2015.
Mannheim, 12 January 2015 - The revenues of CropEnergies AG, Mannheim, increased by 9.4 percent compared to the previous year to EUR 626 (previous year: 573) million in the first three quarters of the financial year 2014/15. Besides the significantly increased production, the expansion of the trading activities also contributed to the growth.