Tag: Green Plains

Green Plains jumps into tax loophole and creates cooperative

Green Plains jumps into tax loophole and creates cooperative

February 21, 2018 |

In Kansas, Green Plains has jumped on the opportunity provided by the new tax reform and created a cooperative to take advantage of tax benefits provided under the new laws—at least in the short term until it undoubtedly gets reformed again. But with farmers forward selling up to a quarter of their crop, the company […]

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Green Plains margins shrunk more than expected during Q4 2017

Green Plains margins shrunk more than expected during Q4 2017

February 14, 2018 |

In Nebraska, Platts reports that Green Plains got caught short during Q4 2017, along with much of the rest of the industry, as prices sank further than anyone expected and squeezed crush margins. The company’s acquisition of three ethanol plants last year as well as upgrades to a fourth plant squeezed its financial results even […]

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In for a Penny, In for a Pound: The Advanced Bioeconomy and all the pivots

In for a Penny, In for a Pound: The Advanced Bioeconomy and all the pivots

December 28, 2017 |

It’s been such a busy cycle in the bioeconomy that we are well overdue for a shout-out to a pal of the Digest, Henry Threadgill, for winning a Pulitzer Prize for his landmark composition, In for a Penny, In for a Pound. Threadgill’s masterpiece (which you can experience here) comes to mind as news arrives […]

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Green Plains plans massive expansion of Syngenta’s Enogen corn ethanol technology

Green Plains plans massive expansion of Syngenta’s Enogen corn ethanol technology

December 17, 2017 |

Good news arrives from Minnesota that Syngenta has partnered with Green Plains to expand its use of Enogen corn enzyme technology across GPRE’s 1.5 billion gallon production platform. The Enogen backstory Enogen corn enzyme technology is an in-seed innovation available exclusively from Syngenta and features the first biotech corn output trait designed specifically to enhance […]

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Green Plains profit decline blamed on ethanol oversupply, pushes for E15

Green Plains profit decline blamed on ethanol oversupply, pushes for E15

November 3, 2017 |

In Nebraska, large ethanol producer Green Plains announced third-quarter profits fell excluding certain items, of $7.4 million, or 18 cents a share (compared to a net profit of $8 million or 20 cents a share a year earlier). The reason given was because of motor fuel’s oversupply problem that Green Plains hope will be remedied […]

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Green Plains’ CEO sees global ethanol demand growth at up to 3%

Green Plains’ CEO sees global ethanol demand growth at up to 3%

October 25, 2017 |

In Florida, Green Plains’ CEO told a conference that the domestic ethanol industry provides demand for growing corn production, acting as a sort of modern day farm policy supporting farmers, but it does it in a way that’s profitable rather than a burden on government coffers. Globally he sees demand for cheap, clean octane increasing […]

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Integrated, hedged, fast-growing: The Digest’s 2017 Multi-Slide Guide to Green Plains

Integrated, hedged, fast-growing: The Digest’s 2017 Multi-Slide Guide to Green Plains

September 26, 2017 |

Founded in 2004, Green Plains Inc. is North America’s third largest producer of ethanol. Headquartered in Omaha, Nebraska, Green Plains has grown rapidly, primarily through acquisitions, and today has operating segments throughout the ethanol value chain. Operations begin upstream with our grain handling segment, continue through approximately 1.5 billion gallons of ethanol production capacity per […]

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ADM and Green Plains switch to potable and industrial ethanol to reduce glut

ADM and Green Plains switch to potable and industrial ethanol to reduce glut

August 2, 2017 |

In Illinois, ADM and Green Plains as well as potentially others are converting some of their fuel ethanol production to potable and industrial ethanol in an attempt to reduce the supply glut currently plaguing the market. ADM’s shift alone will remove 100 million gallons from the market but it’s only a fraction of its 1.8 […]

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Green Plains completes $36M Cargill Feed Yard acquisition

Green Plains completes $36M Cargill Feed Yard acquisition

May 21, 2017 |

In Nebraska, the Green Plains Cattle Company completed the previously announced acquisition of two cattle feed yards from Cargill for approximately $36.7 million, excluding working capital. The transaction includes feed yards located in Leoti, Kan. and Yuma, Colo., adding capacity of 155,000 head to the company’s operations, and positions Green Plains Cattle Company as the […]

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Green Plains already talking about expansion of Beaumonth ethanol terminal

Green Plains already talking about expansion of Beaumonth ethanol terminal

May 3, 2017 |

In Texas, Green Plains says it is finalizing the contracts for its ethanol import/export terminal in Beaumont that could be online by the middle of this year, and already talk about expansion is underway though any investment plans will be on hold until phase 1’s capacity is contracted. The facility is meant to offer an […]

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