Tag: Alcogroup

Alcogroup and Abengoa to fight EU’s claims of ethanol price manipulation at hearings

Alcogroup and Abengoa to fight EU’s claims of ethanol price manipulation at hearings

January 28, 2020 |

In Belgium, Reuters reports that Alcogroup and Abengoa plan to fight against anti-trust charges of manipulating ethanol prices at hearings in front of the European Commission and national authorities on Tuesday and Wednesday. The companies could be charged up to 10% of the global turnover if the hearing rules against them, or the case could […]

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European Commission charge Abengoa and Alcogroup with manipulating ethanol price benchmarks

European Commission charge Abengoa and Alcogroup with manipulating ethanol price benchmarks

August 30, 2018 |

In Belgium, Reuters reports that the European Commission’s competition watchdog has charged both Abengoa and Alcogroup with rigging ethanol benchmarks published by S&P Global Platts. The three-year investigation also included Sweden’s Lantmannen but they haven’t been charged although it said it was in settlement negotiations. Abengoa and Alcogroup are likely to face fines next year […]

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Maple Energy gets solid offer from Graña y Montero and Alcogroup

Maple Energy gets solid offer from Graña y Montero and Alcogroup

October 16, 2014 |

In Peru, Maple Energy has received an offer from Graña y Montero and Alcogroup for an initial $4 million to acquire an equity interest of 40% in The Maple Companies, Limited, the subsidiary dedicated to ethanol production and hydrocarbons operations, in which Maple has a 95.4% interest. The investors will commit to make a further […]

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