DGAP-News: CropEnergies AG: Ground-breaking ceremony for Germany's biggest plant for the liquefaction of biogenic CO2
(firmenpresse) - CropEnergies AG / Joint Venture
26.03.2010 12:00
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Ground-breaking ceremony for Germany's biggest plant for the liquefaction
of biogenic CO2
Minister Haseloff gives the start for building by the Joint Venture of
CropEnergies and Tyczka Energie
Zeitz, 26 March 2010 - Reiner Haseloff, Minister of Employment and Economic
Affairs of the State of Saxony-Anhalt, together with Markwart Kunz, Deputy
Supervisory Board Chairman of CropEnergies AG and Executive Board member of
its parent company Südzucker AG Mannheim/Ochsenfurt, and Hans-Wolfgang
Tyczka, majority shareholder of the Tyczka Group, made the first symbolic
spade cut to start construction of a plant for liquefying biogenic CO2 from
the production of bioethanol. With an annual capacity of 100,000 tonnes of
food-grade liquefied CO2 and scheduled to start operations as early as the
end of 2010, the plant is being erected by CT Biocarbonic GmbH, a joint
venture of CropEnergies AG from Mannheim and Tyczka Energie GmbH from
Geretsried, in the immediate vicinity of the bioethanol plant of
CropEnergies in Zeitz.
Haseloff is convinced of the project's success. 'The building of this CO2
liquefaction plant shows yet again that Saxony-Anhalt is an attractive
business location drawing enterprises that develop and implement innovative
solutions.' CropEnergies and Tyczka Energie are investing more than EUR 10
million in the plantfor liquefaction, purification and recycling of CO2
which uses the infrastructure of the existing bioethanol plant.
'With the production of CO2 as an additional product, we will improve the
profitabiliy of the Zeitz location,' explained the CropEnergies Supervisory
Board member and Südzucker Executive Board member Markwart Kunz. The
bioethanol plant of CropEnergies in Zeitz with an annual capacity of
360,000 m³ of bio-ethanol is one of the largest bioethanol plants in
Europe. Cereals and sugar syrups are processed into bioethanol for the fuel
sector and into protein feed. Biogenic CO2 is formed when raw materials are
fermented into bioethanol and this CO2 is used as raw material by the new
liquefaction plant of CT Biocarbonic.
The liquefied food-grade CO2, marketed exclusively by Tyczka Kohlensäure
GmbH&Co KG, Geretsried, is used in the drinks industry in the form of
carbonic acid, in the foods industry as refrigerant and frosting agent, as
well as for manufacturing dry ice as a cleansing agent. 'The location of
Zeitz in the centre of Europe is particularly ideal for the Tyczka Group of
companies because from here we can satisfy the demand for biogenic CO2 even
better in future. The Zeitz facility is going to strengthen our already
outstanding market position even more in future,' says Hans-Wolfgang
Tyczka, majority shareholder of the Tyczka Group.
Information about the enterprises
The CropEnergies Group - a member of the Südzucker Group - is a leading
European producer of sustainably manufactured bioethanol for the fuel
sector. Within just a few years, CropEnergies has succeeded in establishing
itself as one of the leading bioethanol producers within a growing market
and operates subsidiaries in Germany, Belgium andFrance. The shares of
CropEnergiesAG (ISIN DE000A0LAUP1) are listed on the Frankfurt Stock
Exchange in official trade (Prime Standard).
Tyczka Energie GmbH is the management enterprise in the medium-sized Tyczka
Group of companies headquartered in Geretsried. Core business areas are
energy supply with liquid gases (propane and butane) and in which it is
market leader in Germany, as well as operations throughout Europe with
industrial gases and carbonic acid and allied services. Tyczka Kohlensäure
GmbH&Co. KG is a 100 percent subsidiary of Tyczka Energie GmbH and joined
the group after acquisition in 2004.
Contact:
Dr. Marten Keil
Head of Business Development&Communication
Tel.: +49 (621) 71 41 90-60
Fax: +49 (621) 71 41 90-03
presse(at)cropenergies.de
Astrid Gövert
Head of Communication
Tel.: +49 (8171) 627-194
Fax: +49 (8171) 627-66194
astrid.goevert(at)tytogaz.de
26.03.2010 12:00 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------
Language: English
Company: CropEnergies AG
Gottlieb-Daimler-Str. 12
68165 Mannheim
Deutschland
Phone: +49 (0)621-71 41 90 00
Fax: +49 (0)621-71 41 90 04
E-mail: info(at)cropenergies.de
Internet: www.cropenergies.de
ISIN: DE000A0LAUP1
WKN: A0LAUP
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Hamburg, Stuttgart
End of News DGAP News-Service
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Datum: 26.03.2010 - 12:00 Uhr
Sprache: Deutsch
News-ID 18163
Anzahl Zeichen: 0
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Kategorie:
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