CropEnergies reduces outlook for financial year 2020/21 due to announcement for additional restrictions on mobility
According to preliminary figures, CropEnergies AG, Mannheim, has generated revenues of EUR 625 (previous year: EUR 668) million in the first nine months of the financial year 2020/21...
CropEnergies reduces outlook for financial year 2020/21 due to announcement for additional restrictions on mobility
According to preliminary figures, CropEnergies AG, Mannheim, has generated revenues of EUR 625 (previous year: EUR 668) million in the first nine months of the financial year 2020/21...
Sustainable products from renewable biomass are the business of CropEnergies. Founded in Mannheim in 2006, the member of the Südzucker Group is the leading European producer of sustainably produced, renewable ethanol. With a production capacity of 1.3 million cubic metres of ethanol per year, CropEnergies produces neutral and technical alcohol (ethanol) for a wide range of applications at locations in Germany, Belgium, the UK and France: from climate-friendly fuel, beverage production or cosmetic products to pharmaceutical applications, for example as a basis for disinfectants and sanitizers or as a raw material for innovative biochemicals.
Thanks to highly efficient production plants, ethanol for fuel applications reduces CO2 emissions across the entire value chain by an average of over 70 percent compared to fossil fuels. In addition, more than 1 million tonnes per year of high-quality, protein-containing food and animal feed as well as biogenic carbon dioxide, which is used in beverage production, among other things, are produced from biomass.
CropEnergies AG (ISIN DE000A0LAUP1) is listed on the Frankfurt Stock Exchange in the regulated market (Prime Standard).
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CropEnergies AG published this content on 14 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 December 2020 13:24:08 UTC