DGAP-News

CropEnergies confirms positive outlook

DGAP-News: CropEnergies AG / Key word(s): AGM/EGM
CropEnergies confirms positive outlook

14.07.2015 / 16:39

---------------------------------------------------------------------

Mannheim, 14 July 2015 - CropEnergies AG, Mannheim, welcomed approximately
600 shareholders and guests to its annual general meeting in the Congress
Center Rosengarten in Mannheim on 14 July 2015. Dr. Wolfgang Heer was
elected as a new member of the supervisory board of the company. All other
agenda items were also approved by shareholders with a majority of over 99
percent. Overall, 82.83 percent of the share capital was represented.

The shareholders at the annual general meeting were particularly interested
in the developments in the company, such as the commissioning of the
neutral alcohol plant in Zeitz, Germany, at the beginning of the year and
the temporary production pause in the UK. Also of great interest were the
political framework for bioethanol in the EU and the price development in
the European bioethanol market.

After the legal framework for biofuels had been discussed since October
2012 on a EU level, a compromise between European Parliament and European
Council was finally reached in April 2015. This is the prerequisite for
more reliability and a more stable framework for the industry. By 2020, 10
percent of the energy in the transport sector of the EU have to be
renewable. As much as 7 percent may come from conventional biofuels such as
bioethanol from grains and sugar beets. The member states have 2 years to
implement this directive. CropEnergies expects this to lead to a
significant market growth in the mid-term.

CropEnergies advocates creating a reliable framework for post-2020 since
bioethanol is the only way to inexpensively and comprehensively replace
petrol and reduce greenhouse gas emissions which is available today.



CropEnergies AG

Ensuring mobility in a climate friendly way - today and in the future - is
CropEnergies' business. Founded in Mannheim, Germany, in 2006, the young
and dynamically growing member of the Südzucker Group is one of the leading
European manufacturers of sustainably produced bioethanol for the fuel
sector today. With its production capacities of 1.2 million cubic meters of
bioethanol per year, CropEnergies produces bioethanol which predominantly
replaces petrol in four modern production facilities in Germany, Belgium,