In Germany, Verbio says that the European Commission’s preference to phase out conventional biofuels to 3.8% by 2030 won’t lead to a shift towards advanced biofuels as the policy intends because most of the successful advanced biofuels projects come from co-located projects with conventional biofuels. Most standalone advanced biofuels projects have failed. A survey by […]
In Germany, Verbio saw its ethanol and biodiesel production increase 4% during the first half of 2016/17 to 360,142 metric tons, in part boosted through 100% use of its 400,000-ton biodiesel production capacity during the period at 236,430 tons. Ethanol production was not running at full installed capacity due to maintenance so production stood at […]
In Germany, VERBIO Vereinigte BioEnergie AG reports improved results for the first three months of the financial year compared to the same period in the previous year. The improved results in the first quarter of the financial year 2016/2017 compared to the same period in the previous year were primarily driven by higher Biodiesel margins. […]
In Germany, VERBIO successfully commissioned another major production site for the production of biomethane at Schwedt/Oder. The new plant uses a new internally generated technology to manufacture biomethane from 100 percent straw. The development of this innovative technology at the Schwedt/Oder location is supported by the European Union’s NER 300 subsidy project, providing funding of up to […]
In Germany, Verbio’s methane from straw project has now officially been launched, following the execution of the grant agreement by Andreas Schütte, managing director of the FNR, and Oliver Lüdtke, chief operating officer of Verbio. It is intended that biomethane produced entirely from straw will be fed-in at the VERBIO plant in Schwedt in the […]
In Germany, VERBIO Vereinigte BioEnergie, in the first quarter of its new business year 2012/2013, reported group revenue of EUR 217.5 million, down from Q1 2011/2012 revenues of EUR 224.4 million),and EBITDA of EUR 1.6 million, down from Q1 2011/2012 EBITDA of EUR 10.3 million. “In consequence of the subsidized biodiesel imports, the result was […]
In Germany, Verbio is in talks with the government to expand its straw-to-gas project. It has already earmarked $198 million for building two straw-to-gas projects, one each in Germany and Hungary by 2014, while expanding its existing project that came online last month. The company claims it was a world’s first. Already 50 gas stations […]
In Germany, Verbio’s sales grew 50% during 2011 to reach $1.005 billion. The company is expecting first half 2012 sales to continue the growth trend and reach $533 million. It also plans to invest $200 million in its growing biomethane business, alongside its ethanol and biodiesel businesses. In March the company inaugurated a waste straw-to-biomethane […]
