Regulatory Filings • Jun 21, 2012
Regulatory Filings
Open in ViewerOpens in native device viewer
News Details
Corporate | 21 June 2012 11:45
EnviTec Biogas builds first biogas plant in the USA
EnviTec Biogas AG / Key word(s): Incoming Orders/Market Report
21.06.2012 / 11:45
CORPORATE NEWS
Another milestone on the path to internationalisation
EnviTec Biogas builds first biogas plant in the USA
Lohne, 21 June 2012 – Climate-friendly energy is in demand and biogas is being used more and more, even across the 'Big Pond': With the starting signal for the construction of a biogas plant in the state of New York, EnviTec Biogas AG from the Lower Saxon town of Lohne has now entered the American market for the first time. 'After successfully establishing ourselves over the last ten years all over Europe and India, we are delighted to announce to our customers and partners that we have expanded our business to the USA, setting another milestone in our international expansion', said Roel Slotman, EnviTec Biogas AG executive in charge of sales.
The construction project was contracted by Donald Jensen II, who is the owner of Lawnhurst Farms, LLC, a family-run dairy farm based in Stanley, New York in operation since 1925. 'Conditions are almost ideal for the plant', said EnviTec project manager Patrick Dumpe. According to Dumpe, the agriculturally vibrant region around the well-known Finger Lakes is structurally comparable to EnviTec's headquarters in Lower Saxony, making the construction of the plant almost like playing a home game. The base plate for the fermenter, which is the actual centrepiece of the plant, has already been cast, and the containers are to be set starting in mid-July. After start-up, which is planned for the end of December, the plant will boast a power rating of 541 kW. As input materials, the new biogas plant will primarily utilise dairy feed refusals, cow manure and fats.
'After evaluating all offers, the know-how and international experience of EnviTec convinced us in the end' says Donald N. Jensen III, junior manager of the farm. He will be trained over the next four weeks on different biogas plants in Germany for his new job as operator of his own biogas plant. Even after the start-up of the plant, the Jensens will continue to receive support from EnviTec Biogas USA Inc., the company's own branch office based in Rochester, New York. 'We see ourselves as an all-round provider and plan to look out for our customers before and after the construction of the plant', said Thomas J. Lawson, Technical Director of EnviTec's USA branch office.
The Obama government is pushing the use of renewable energies in America, thereby opening up increasing potential for biogas technology. In the USA, the expansion of the use of biogas in agriculture is being promoted above all by the U.S. Environmental Protection Agency (EPA), the U.S. Department of Agriculture and the U.S. Department of Energy in the scope of the AgSTAR programme. The primary goal is to reduce CO² emissions in livestock farming. AgSTAR assumes a potential of approximately 8,200 agricultural businesses that can independently cover their own energy requirements.
About EnviTec Biogas AG
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 full plant and operating management. In addition, EnviTec also operates its own biogas plants. In 2011 EnviTec Biogas expanded business operations into the direct marketing of processed biomethane and green electricity and balancing energy marketing with EnviTec Energy GmbH & Co. KG and its 100% subsidiary EnviTec Stromkontor GmbH & Co. KG. Today, the company is represented in more than 15 countries throughout Europe, as well as in India. EnviTec Biogas generated revenues of EUR 244 million and EBIT of EUR 10.5 million in 2011. The EnviTec Group currently has 470 employees. EnviTec has been listed on the Prime Standard segment of the Frankfurt Stock Exchange since July 2007.
Press contact:
Katrin Selzer
EnviTec Biogas AG
Tel: +49 25 74 88 88 – 810
E-Mail: [email protected]
Investor Relations:
Olaf Brandes
EnviTec Biogas AG
Tel: +49 44 42 8016 – 8130
E-Mail: [email protected]
End of Corporate News
21.06.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
| Language: | English |
| Company: | EnviTec Biogas AG |
| Industriering 10a | |
| 49393 Lohne | |
| Germany | |
| 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, Düsseldorf, Hamburg, Hannover, München, Stuttgart |
| End of News | DGAP News-Service |
| - - - |
| 174896 21.06.2012 |
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.