In Germany, CropEnergies’ ethanol production is down more than 11% during the March to August period at just 422,000 cubic meters, compared to the 478,000 cu m produced during the same period last year. The Ensus ethanol plant has been mothballed since February which contributed to much of the loss in volume. The company says […]
In Germany, CropEnergies has boosted its view of the European ethanol market following a positive first quarter where higher ethanol prices boosted the company from the doldrums into a minor profit. Part of those profits come from lower operating costs due to a mothballed Teeside, UK ethanol plant mixed with higher ethanol prices resulting from […]
In Germany, CropEnergies says it might be able to break even in the year to February 2015—despite falling grain prices—because of European ethanol prices that have slipped even further, by more than 17% to EUR495 per cubic meter at the end of August. More likely, however, is that the company will incur a EUR20 million […]
In Germany, biofuel producer CropEnergies may run up to a $41 million (EUR 30 million) deficit due to US biofuel imports and political deadlock in the EU. CropEnergies, which currently owns the Ensus bioethanol site in the UK, has seen its margins reduced following an increase in grain prices. Despite owning one of Europe’s largest […]
In Germany, CropEnergies expects lower profits at its newly acquired Ensus ethanol plant in the UK due to competition from ethanol imports. ePure says it is investigating the legality of the ethanol imports that some are allegedly skirt duty rules. Importing finished blends of E5 and E10 as well as ethanol of just below 70% […]
In the UK, CropEnergies has restarted ethanol production at the Ensus facility that was mothballed due to inconsistent ethanol policies in Europe. The facility is expected to further impact the region’s wheat deficit where prices are currently at $38.8 per ton of feed wheat. The company hasn’t said how long it will take for it […]
In the UK, Germany’s CropEnergies expects to bring Ensus back online this fall. Though the company is taking a hit financially by buying the plant and investing significantly to get it back online, lowering its expected operating profit for the year by about EUR10 million, Ensus is expected to have a positive impact on the […]
In the UK, Germany’s CropEnergies has bought Ensus Limited, based in Yarm, England. The company operates one of the largest production plants for bioethanol in Europe, in the northeast of England with an annual capacity of 400,000 cubic meters of bioethanol and 350,000 tonnes of dried protein animal feed (DDGS). In addition, carbon dioxide is […]
In Germany, despite ongoing confusion at the pump regarding the recent introduction of E10, CropEnergies expects its profits to rise this year to $56 million, up 230% on the year. The company’s stock was up more than 5% on the day on Tuesday at the Frankfurt Exchange. More on the story.
In Germany, CropEnergies’ ethanol sales rose by 24% in the nine months through November, boosting revenues to $440 million from $363.4 million last year. The company’s Wanze, Belgium plant increased its production by 16% which helped lead to its increase in sales. More on the story.
