2024 starts with change of management in plant engineering 💼✨
This is a summary of our current press release.
Read the full text here: https://brnw.ch/21wGbQG
The year 2024 begins with a change in leadership. Our CEO Olaf von Lehmden welcomes Maurice Markerink and Jakob Falkenstein to their new positions. Together with CTO Jürgen Tenbrink, they will form the executive management team of plant construction starting April 2024. At the same time, we extend our gratitude to Lars von Lehmden and Jörg Fischer for their support in our newly established Advisory Board.
In 2023, this mid-sized international company posted positive, healthy growth in the plant engineering segment, with good prospects offered here by both France and the USA. “There are good opportunities for us in Germany again, too, triggered by global efforts to tackle climate change and secure sustainable supplies of energy,” adds CFO Jörg Fischer. Although domestic policymaking has a fickle streak, however.
Another highlight: EnviTec Bioenergie Güstrow GmbH is setting new standards with Germany's largest integrated bio-LNG plant with CO2 liquefaction, aiming to transition from trial operation to regular operation in 2024.
2023 displayed impressive results in the service segment with a 5.9% increase in revenue and a 24.5% increase in total output in the first half of the business year. This trend is attributable to inventory build-up through new repowering and conversion projects.
In the words of our Chairman of the Board, Olaf von Lehmden: „“This is why our mood is confident as we start the new financial year, and we also intend to explore further options for growth for our Group. That said, we will not be able to replicate the performance we achieved in ’23, which was an exceptional year.“ The reason is one-time effects in 2023 and falling quota prices.
Jörg Fischer: “In the future, renewable gases are going to play a key role, and we are very well prepared here, thanks to our know-how in the fields of biogas and biomethane.”
#Biogas #Biomethane #Renewable #Greengas #Greenfuels #Bio-LNG #LNG #LCO2 #CO2neutral
Head of Construction Operations at Kinetics Technology
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