Welcome to our dedicated page for Green Plains news (Ticker: GPRE), a resource for investors and traders seeking the latest updates and insights on Green Plains stock.
Green Plains Inc. (NASDAQ: GPRE) is a biorefining company focused on renewable fuels and sustainable, high-impact ingredients, and its news flow reflects this low-carbon strategy. The company describes itself as advancing the transition to a low-carbon world by using agricultural, biological and fermentation expertise to convert annually renewable crops into low-carbon energy and sustainable feedstocks. News about Green Plains often highlights developments in its ethanol production, agribusiness and energy services segments, as well as progress on carbon reduction initiatives.
Investors following GPRE news can expect regular updates on financial results, including quarterly earnings releases and conference call announcements, where the company discusses segment performance, ethanol volumes, crush margins and the impact of programs such as the 45Z clean fuel production tax credit. Green Plains also issues news on capital structure actions, such as exchange and subscription transactions for its Convertible Senior Notes and related share repurchases.
Another key news theme is carbon capture and storage (CCS). The company has reported the startup and operation of CCS equipment at its Nebraska facilities in York, Central City and Wood River, and the capture and permanent sequestration of biogenic CO2 via the Trailblazer pipeline to a sequestration hub in southeast Wyoming. These updates illustrate how Green Plains integrates CCS into its low-carbon platform and tax credit strategy.
Corporate governance and leadership changes are also covered in Green Plains’ news, including the appointment of a Chief Executive Officer, Chief Financial Officer and General Counsel and Secretary. In addition, transaction-related announcements, such as the sale of the Tennessee ethanol plant and related balance sheet effects, provide insight into portfolio optimization decisions. For a comprehensive view of GPRE’s evolving strategy, operations and financing, readers can review the ongoing stream of press releases and regulatory news items associated with the company.
Green Plains Inc. (NASDAQ: GPRE) has received final credit approval for a $75 million term loan, supporting the execution of its protein strategy. The loan is expected to close by the end of Q3 2020 and is part of the company's transformation into Green Plains 2.0. Additionally, the company will install high protein production at Wood River, with operations starting in Q2 2021. This expansion is projected to enhance margins and production efficiency, with a capacity of 80,000 tons of protein feed.
Green Plains Inc. (NASDAQ: GPRE) will have its president and CEO, Todd Becker, present at the Jefferies Virtual Industrials Conference on August 5, 2020, at 3:00 p.m. ET. Investors can access the live webcast and replay on the company's Investors page. Green Plains is a leading corn processor, engaged in corn processing, grain handling, and commodity marketing. The company also has significant interests in cattle production and logistics services.
Green Plains Inc. (NASDAQ: GPRE) has secured final credit approval for a $75 million, 15-year term loan to enhance its protein production strategy. The loan, expected to close by Q3 2020, supports the installation of the Maximized Stillage Co-Products (MSC™) system at the Wood River facility, with production slated to commence in Q2 2021. This project completes a strategic transformation and is anticipated to improve margins by 15 to 20 cents per gallon. The loan features a 5.00% floor interest rate, with a fixed or floating option.
Green Plains Inc. (NASDAQ: GPRE) has successfully completed the installation of a new facility at its Wood River location, capable of producing 25 million gallons of FCC Grade alcohol. This upgrade aims to meet heightened demand for high-purity alcohol, essential for sanitizers and disinfectants. The company anticipates enhancing this facility to produce USP Grade alcohol within the next 4-6 months, raising total USP production capacity to approximately 75 million gallons annually. The project reflects Green Plains’ commitment to operational excellence and cost efficiency in the biorefinery sector.
Green Plains Inc. (NASDAQ: GPRE) announced that it will release its second quarter 2020 financial results on August 3, 2020, after market close. A joint conference call with Green Plains Partners LP (NASDAQ: GPP) is scheduled for August 4, 2020, at 11 a.m. Eastern time. Investors can participate by calling specific numbers or accessing the event via the companies’ websites. Green Plains operates as a leader in corn processing and sustainable biofuel production, holding substantial interests in both the corn processing and cattle industries.
Green Plains Inc. (NASDAQ: GPRE) announced that its subsidiary, Green Plains York LLC, has contracted Fluid Quip Technologies LLC to upgrade its facility with a high-quality USP distillation system. This project aims to enhance the production of alcohol for sanitizers and disinfectants, ensuring high purity and flexibility. Green Plains York has over 20 years of experience in manufacturing alcohol and will continue producing FCC Grade alcohol during construction, projected to complete in approximately 90 days.
Green Plains Inc. (NASDAQ:GPRE) will participate in the 6th Annual ROTH London Conference on June 24-25, 2020. This engagement includes investor meetings aimed at enhancing shareholder communication. Conference materials will be accessible on their Investors page, starting at 8:00 a.m. ET. Green Plains is recognized as a leading corn processor and is committed to producing sustainable biofuels and feed ingredients, alongside operations in grain handling and logistics.
Green Plains Inc. (NASDAQ: GPRE) will be represented by CEO Todd Becker at the BMO Capital Markets 15th Annual Farm to Market Virtual Conference on May 13, 2020, at 2:00 p.m. ET. The event will be accessible via a live webcast and a replay will also be available afterward. Green Plains is a leading corn processor focused on sustainable biofuels and high-protein feed ingredients. The company holds a 50% interest in Green Plains Cattle Company and significant stakes in Green Plains Partners LP.
Summary not available.
Summary not available.