EPURON, a subsidiary of Conergy AG, AGRAVIS Raiffeisen AG and MAN Ferrostaal are jointly constructing one of the largest bioethanol plants in Germany with a planned annual capacity of 200,000 m³ (52.8 million gallons US).
A Biofuel Quota Law, which came into effect on 1 January 2007 in Germany, obliges the petroleum industry to add bioethanol to gasoline. The capacity of the new plant could cover roughly a quarter of the ethanol additive quantity required in Germany in 2008.
The three companies have finalized a cooperation contract and have scheduled construction of the &euro130; million (US$172 million) plant in Buelstringen to begin this year, with production to come onstream in the first half of 2009.
The plant will use about 600,000 tonnes of wheat annually for feedstock. AGRAVIS is an agricultural trading company, and has a storage capacity of 550,000 tonnes of grain, from which it will supply the feedstock.