AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

EnviTec Biogas AG

Regulatory Filings Jan 15, 2009

5391_rns_2009-01-15_80bad7f5-7361-454d-8a56-485e262beed6.html

Regulatory Filings

Open in Viewer

Opens in native device viewer

News Details

Corporate | 15 January 2009 12:15

New catalyst solution from EnviTec Biogas means added revenues for plant operators

EnviTec Biogas AG / Product Launch

Announcement, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.


New catalyst solution from EnviTec Biogas means added revenues for plant
operators

Lohne/Saerbeck, 15 January 2009 – EnviTec Biogas AG is one of the first
biogas plant manufacturers to respond to the stricter legislation on
formaldehyde emissions from the conversion of biogas into useable energy,
which came into force at the beginning of the year. The company has
developed an effective and cost-efficient catalytic process for the
reduction of formaldehyde. Existing biogas plants can be retrofitted with
the integrated solution, which is tailored to the technology of the EnviTec
plants. EnviTec Biogas thus enables plant operators not only to comply with
legal regulations but also to produce renewable energy in an
environmentally-friendly way. At the same time, the profitability of the
plants is increased, as the additional investment to achieve compliance
with the new formaldehyde limit of 40 mg/N3 will be subsidized through the
emission minimisation bonus ('Emissionsminimierungsbonus'). This new bonus
amounts to EUR 0.01 per kilowatt hour for the first 500 kilowatts (kWel),
which means incremental revenues of up to EUR 40.000 p.a. for plant
operators running a 500 KWel plant. As additional benefit the catalytic
process enhances gas quality in total thereby reducing both abrasion and
corrosion of the gas engine and other components directly exposed to the
gas. Thus it ultimately increases overall plant efficiency. The catalytic
process reduces both abrasion and corrosion of the gas engine and other
components directly exposed to the gas thus creating additional benefit. It
enhances gas quality in total resulting in an increased overall plant
efficiency.

'As an innovative company we have started early on and tested various
techniques to reduce formaldehyde in reaction to the new requirements from
the EEG and strived to develop a best in class-solution for our plant
operators,' says Kunibert Ruhe, Chief Technology Officer of EnviTec Biogas
AG. 'We are convinced to provide our customers today with a high-quality
solution that allows for significant added value and once again delivers
prove of our technological leadership.'

EnviTec Biogas AG covers the entire value chain for the production of
biogas - including the planning and turnkey construction of biogas plants
as well as their commissioning. The company provides the biological and
technical service and also offers the full plant and operating management.
In Güstrow, in the German state of Mecklenburg-Western Pomerania, EnviTec
builds the world’s largest plant for the production of biogas to natural
gas standards with an electrical connected load of 22 megawatts. In
addition, the company also operates its own biogas plants. Today, the
company is represented in more than 15 countries throughout Europe and as
well in China and India. In 2007 EnviTec generated revenues of EUR 132
million and EBIT of EUR 18 million. The EnviTec Group has about 270
employees. Since July 2007 EnviTec is listed on the Prime Standard segment
of the Frankfurt Stock Exchange.

Company Contact:
Katrin Selzer
EnviTec Biogas AG
Tel: +49 25 74 88 88 810
E-Mail: [email protected]

Press Contact:
Christina Siebels, Grit Pauli
HOSCHKE & CONSORTEN Public Relations GmbH
Tel: +49 40 36 90 50 -58 /-31
E-Mail: [email protected]; [email protected]

15.01.2009 Financial News transmitted by DGAP

Language: English
Issuer: EnviTec Biogas AG
Industriering 10a
49393 Lohne
Deutschland
Phone: +49 (0) 44 42 - 80 65 0
Fax: +49 (0) 44 42 - 80 65 103
E-mail: [email protected]
Internet: www.envitec-biogas.de
ISIN: DE000A0MVLS8
WKN: A0MVLS
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hannover, Hamburg, Düsseldorf, München, Stuttgart

End of News DGAP News-Service


Talk to a Data Expert

Have a question? We'll get back to you promptly.