BDI-BioEnergy boosts H1 2016 sales by 32.5%

August 15, 2016 |

In Germany, BDI-BioEnergy International AG increased sales by 32.5 percent in the first half of 2016 to a total $17.27 million due to the implementation of various major projects as planned. As a result, earnings before interest and taxes improved by €1.9 million over the previous year’s loss of €2.9 million to a loss of €1 million. Based on the good financial result including taxes, the earnings for the period were positive and amounted to €400,000 compared to the previous year of €600,000.

In the biodiesel plant operations, the high free fatty acid (FFA) esterification unit project in Great Britain was in the process of being transferred to the customer as scheduled in the first half of 2016. What is involved here is the construction of a plant for the processing of commercial and industrial waste fats that have a very high FFA content. The second project for the customer Argent Energy Ltd.—construction of a multifeedstock biodiesel plant—will be completed in the coming year.

The major RetroFit project in California was in the preparatory phase preceding cold testing and start-up. With the implementation of the BDI RetroFit technology, we are making it possible not only to improve the quality of the biodiesel but also to increase raw material flexibility. This project will be handed over to the customer as expected before the end of this year.

Category: Fuels

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