As the 20th year in business for Germany-headed "biogas all-rounder" EnviTec Biogas AG comes to a close, the firm anticipates achieving record results in all company divisions.
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Furthermore, the company sees an optimistic start to 2023 as Olaf von Lehmden, CEO of Envitec Biogas notes.
Despite all of the uncertainties we are currently experiencing, we start the New Year with renewed optimism. And we’ve never been better positioned to do so, thanks to our team spirit and our power to innovate. Our market is currently experiencing a watershed moment, said Olaf von Lehmden.
For the first time, plants can now be built without state subsidies in Germany – something that long seemed impossible.
We’re a key driver of this change as we promote climate change mitigation, Olaf von Lehmden said, summing up the past year in business.
This change has not only improved the bottom line for this Lower Saxony-based company but has also allowed it to expand significantly.
Over the last three years alone, we’ve welcomed no less than 125 new colleagues to EnviTec, reports Katrin Hackfort, responsible for HR and Corporate Communications.
The innovative biogas service provider is looking to sustain this growth trajectory into the future with business in the new market for advanced fuels.
In 2023, we will commence our first activities in the bioLNG sector, explained Olaf von Lehmden.
In Güstrow, Mecklenburg–Western Pomerania, construction work on Germany’s largest integrated bioLNG plant is now well underway.
Starting in 2023, this will let us operate for the first time as an independent supplier of zero-carbon fuel for utility and heavy goods vehicles. This new market not only improves prospects in our own business segments but also offers small and medium-sized plant operators in particular the chance to maintain the profitability of their plants as producers of the key resource of biomethane following the expiry of subsidies from German EEG legislation, Olaf von Lehmden said.
In 2022, this approach – ‘Turning waste materials into green fuels – driving the transition to sustainable transport with biofuels from Germany’ – also netted EnviTec Biogas the Biogas Innovation Prize in the ‘Business’ category, impressing a jury consisting of researchers and representatives of the German Farmers’ Association (DBV), German Biogas Association and Federal Bioenergy Association (BBE).
Alongside the growth market of bioLNG, the CEO points to other plants in its own operations, such as Biogas Forst GmbH & Co. KG, which will also be the focus of further investment in 2023.
All things considered, we can look forward to a very positive new financial year, concluded Olaf von Lehmden.
