VERBIO

VERBIO Overview

Company Headquarters: Zörbig, Germany

Founded: 2006

Workforce: ~ 1,131

Company Working: VERBIO Vereinigte BioEnergie AG is a German manufacturer and supplier of biofuels headquartered in Zörbig, Saxony-Anhalt. The company manufactures biodiesel, ethanol fuel, and biogas on an industrial scale and has created its own procedures. It has more than 1000 people spread over three locations. Verbiodiesel, verbioethanol, verbigas, and verbioglycerine are among the company's offerings. The business is divided into three segments: biodiesel, bioethanol, and other. The group's transport and logistics operations as well as its energy division are together included in the Other section. The Biodiesel division generates the majority of the company's revenue..

Strategy

The goal of VERBIO is to be the leading provider of alternative energy in the twenty-first century. We want to maintain and strengthen its position as one of Europe's top biofuel producers. The company is constantly one generation in front thanks to the "made in Germany" production of its biofuels. The business respects and responsibly uses all natural resources, adhering to the sustainability philosophy. By utilizing cutting-edge technology, the organization helps to protect the energy supply. Also, the company is leading the way in climate protection with its fuels, which reduce CO2 emissions by up to 90% when compared to fossil fuels.

Company Snapshot

$0.83M

Revenue

1,131

Employees

2006

Founded

Zörbig, Germany

Headquarters

SWOT Analysis

Strengths

Successful record at developing new products and consumer driven innovation.
Strong brand recognition in the industry

Weaknesses

Extra cost of building new supply chain and logistics network.
Declining market share

Opportunities

Strategic acquisitions to diversify the company's operations and product offering
Encouraged green and sustainable environment policies

Threats

Competitors catching up with the product development
Commoditization of the product segment

Key Developments

Date	Approach	Development
–	Expansion	VERBIO launches its first and India’s largest BioCNG plant Punjab, helping to prevent stubble burning: In April 2022 VERBIO India Pvt. Ltd. started producing compressed biogas (CBG/BioCNG) from agricultural residues, primarily paddy stubble normally burnt by farmers after the paddy harvest. This is the first, largest and only plant of its kind in India, as well as in Asia. It will consume 100,000 tonnes of agricultural residues per year, and will have a production capacity of 33 TPD (tonnes per day) of BioCNG (CBG) and 650 TPD (tonnes per day) of bio-manure.
–	Expansion	VERBIO commences production of biofuels in Iowa, USA: VERBIO has commenced production at its new production plant in Nevada (Iowa, USA). The plant will generate biomethane from maize straw, and is the first large-scale commercial plant in the USA to use the technology developed by VERBIO.

Product Offering

VERBIO
- Carbon-Neutral Fuels

Financial Performance

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