Tag: Green Plains

Green Plains starts construction of third FQT Ultra-High Protein feed technology

Green Plains starts construction of third FQT Ultra-High Protein feed technology

July 5, 2021 |

In Nebraska, Green Plains Inc. announced its wholly owned subsidiary Green Plains Central City LLC has broken ground on the construction of Fluid Quip Technologies’ MSCTM system. Central City is the third Green Plains location to install MSC™, behind Shenandoah, which started up in April 2020, and Wood River, expected to start up during the […]

Read More

Green Plains completes USP upgrade at York biorefinery

Green Plains completes USP upgrade at York biorefinery

January 12, 2021 |

In Nebraska, Green Plains Inc. announced the completion of its upgrade to United States Pharmacopeia (USP) Grade alcohol at its York, Neb. biorefinery. The York upgrade included the installation of a new distillation production unit, and remains capable of producing up to 50 million gallons per year. The York, Neb. biorefinery will be further upgraded […]

Read More

Green Plains and Ospraie buy majority interest in Fluid Quip Technologies

Green Plains and Ospraie buy majority interest in Fluid Quip Technologies

January 5, 2021 |

In Nebraska, Green Plains Inc. has acquired a majority interest in Fluid Quip Technologies (Fluid Quip) in a joint transaction led by Ospraie Management LLC. The acquisition capitalizes on the core strengths of the partners to develop and implement proven, value-added agriculture, food and industrial biotechnology systems, and to rapidly expand installation of Ultra-High Protein […]

Read More

Green Plains sells Hereford ethanol plant for $39M plus up to additional $75M

Green Plains sells Hereford ethanol plant for $39M plus up to additional $75M

December 15, 2020 |

In Nebraska, Green Plains Inc. announced that its subsidiary, Green Plains Hereford LLC, has entered into an asset purchase agreement with Hereford Ethanol Partners, L.P. to sell its 100 million gallon ethanol plant located in Hereford, Texas for $39 million, plus working capital, and an earnout provision of up to $75 million related to certain […]

Read More

Green Plains teams with Japanese aquafeed company

Green Plains teams with Japanese aquafeed company

October 29, 2020 |

In Nebraska, Green Plains and its wholly owned subsidiary Optimal Aquafeed, announced the formation of an exclusive partnership with Hayashikane Sangyo of Japan, one of the oldest and most successful integrated aquafeed companies in the world. The companies have come together to deliver innovative solutions for fast-growing global aquaculture markets using technology developed and successfully […]

Read More

ADM wants Green Plains class-action suit shifted to Illinois

ADM wants Green Plains class-action suit shifted to Illinois

October 28, 2020 |

In Nebraska, DTN reports ADM is trying to get a legal spat over alleged ethanol market manipulation brought by Green Plains in a Nebraska federal court shifted to Illinois where two similar cases with Midwest Renewable Energy and Switzerland-based AOT Holdings are currently underway. The class-action lawsuit filed in July by Green Plains accuses ADM […]

Read More

Green Plains secures $75M funding and chooses Wood River for second MSCTM location

Green Plains secures $75M funding and chooses Wood River for second MSCTM location

July 30, 2020 |

In Nebraska, Green Plains says it has received final credit approval for a $75 million, 15 year term loan facility that will support the execution of its protein strategy. The new loan, which is subject to final documentation, is expected to close by the end of the third quarter at which time additional details of […]

Read More

Ethanol industry evolving in COVID-19 world – from biofuel to hand sanitizer, adapting is necessary

Ethanol industry evolving in COVID-19 world – from biofuel to hand sanitizer, adapting is necessary

July 19, 2020 |

Being flexible and adapting to a shifting environment is not just about Darwinism, but about survival in a changing world quickly. Just this week, Green Plains shifted one of their Nebraska facilities to make FCC grade alcohol to be used for producing hand sanitizer. Lactips developed a solution to produce water-soluble strips for sealing COVID-19 […]

Read More

Green Plains files class action suit against ADM alleging Chicago Argo price manipulation

Green Plains files class action suit against ADM alleging Chicago Argo price manipulation

July 15, 2020 |

In Illinois, Reuters reports that Green Plains has filed a class action lawsuit against Archer Daniels Midland with the U.S. District Court of Nebraska, saying that the company not only manipulated the price of ethanol at its Argo terminal to increase its profit but that it was done with the knowledge of senior ADM executives. […]

Read More

Green Plains sees boost to biofuel post-pandemic as people avoid public transport

Green Plains sees boost to biofuel post-pandemic as people avoid public transport

May 5, 2020 |

In Nebraska, Bloomberg reports that as COVID-19 stay in place restrictions ease, people will move away from public transport and opt for private vehicles, giving a boost to biofuel demand. Calling it a “potential tailwind”, Green Plains’ CEO says that post-COVID-19 will look different than before the pandemic and could help to boost demand for […]

Read More