GEA puts Lurgi up for sale
February 9, 2007
Lurgi executives were busy answering questions at the end of 2006 from a dozen firms considering the purchase of the ethanol plant design/builder from its German parent company GEA Group. The sale was expected to be finalized in mid-January, according to Klaus Killian, head of Lurgi's marketing and communication department. Lurgi had sales of 1.3 billion euros (US$1.7 million) in 2006. Although the company has more experience in biodiesel plant designs, it expects to grow its presence in the U.S. ethanol industry this year. Several large ethanol projects will be tapping into Lurgi's experience in designing commercial facilities, Killian said.
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