Record Production Volumes
Verbio reported record production volumes for ethanol, driven by better utilization across all regions, particularly at the South Bend plant.
Biodiesel Segment Performance
The Biodiesel segment showed significant improvement in EBITDA, more than doubling due to attractive production margins and favorable rapeseed oil purchases, despite challenges in the greenhouse gas market.
Stable Equity Ratio
The equity ratio remained close to 65%, indicating financial stability despite challenging market conditions.
Positive Operating Cash Flow
Operating cash flow remained positive, contributing to the company's ability to continue investing in key projects.
Ethenolysis Plant Progress
Good progress on the ethenolysis plant in Bitterfeld, with plans to produce renewable molecules for the chemical industry by 2026.