CropEnergies to Build Europe’s First Plant for Biobased Chemicals
Great news from the biobased industry!
CropEnergies, a subsidiary of Südzucker, is set to construct the first production plant in Europe for manufacturing renewable ethyl acetate from sustainable ethanol. The plant, located in Zeitz, Germany, aims to tap into new markets beyond the mobility sector by producing biobased chemicals. The investment costs for the project amount to €130 million.
Ethyl acetate, also known as acetic ester, is a versatile solvent used in various industries such as packaging, coatings, paints, adhesives, and food and beverage. Traditionally, it has been produced from fossil fuels. However, CropEnergies plans to produce up to 50,000 metric tons of renewable ethyl acetate annually from sustainable ethanol and renewable energy sources.
The establishment of this innovative production facility marks CropEnergies’ commitment to becoming a supplier of sustainable products derived from biomass. The company anticipates improved climate footprints for the products and enhanced security of supply for customers in Europe. Construction is scheduled to commence in early 2024, with production expected to begin by summer 2025.
Stephan Meeder, CEO of CropEnergies AG, expressed his enthusiasm for the project, stating, “I am pleased that the next phase of construction of our new production facility has now begun, and our vision of CropEnergies as a supplier of innovative, sustainable products from biomass is being realized.“
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