Supported byClarion Energy
HomeMarketsHungary: Pannonia Bio...

Hungary: Pannonia Bio plans huge green investments

In order to strengthen its leading role in Hungarian agriculture – Pannonia Bio, the largest biorefinery in Europe, operating a multi-product biorefinery in Hungary plans to make green investments of 200 million euros in the next three years. Pannonia Bio is a subsidiary of ClonBio Group, an Irish agribusiness headquartered in Dublin.

From its beginnings as a bioethanol producer in 2012, the refinery has almost tripled in size and developed into a multiproduct facility. In 2020, the company’s biorefinery in Dunafoldvar in central Hungary, produced more than 500 million liters of bioethanol.

Some 10 % of the products were sold in Hungary and the rest in more than 35 countries around the world. Strategic director of Pannonia Bio Ferenc Hodos said that the three-year, 200 million euros investment program launched in 2020 aims to expand the company’s portfolio and produce more environmentally friendly innovative products.

 

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Hungary tenders 702 MVA grid capacity for new wind projects

Hungary has launched a tender for 702 MVA of grid connection capacity reserved for new wind projects. The allocation is intended to reopen access to grid capacity after a period in which wind development remained largely frozen while solar...

Hungary tenders 702 MVA grid capacity for new wind farm connections

Hungary has released 702 MVA of grid capacity for new wind projects and opened a tender for wind farm grid connections. The offering provides developers with 702 MVA of combined network capacity as the country seeks to restart wind...

Hungary’s higher gas use and imports strengthen its power price premium

Hungary remained one of Southeast Europe’s most expensive electricity markets in Week 34, as a sharp increase in thermal generation coincided with a substantial rise in net electricity imports. The combination points to supply-side economics, rather than stronger demand,...
Supported byVirtu Energy