Green Plains Renewable Energy, Inc. Commences Operations at Ord, Nebraska Ethanol Plant
Monday July 13, 2009, 9:30 am EDT
Green Plains Renewable Energy, Inc. began operations at its ethanol plant in Ord, Nebraska on July 12, 2009. The company anticipates production of ethanol by July 17th.
"The startup of the Ord plant within eight days of completing the purchase is a testament to our operational experience and our considerable understanding of the plant technology," said Todd Becker, Green Plains' President and Chief Executive Officer. "The Ord plant has been idle since November 2008, but based on our expertise, we developed and executed a comprehensive plan that allowed us to quickly achieve this milestone. We are glad to bring this plant back online producing ethanol."
"With improving margins in our industry, we were anxious to start production at the Ord and Central City plants as soon as possible. We plan to also have the plant in Central City, Nebraska operating later this month," Becker added.
About Green Plains
Green Plains Renewable Energy, Inc. is a low-cost ethanol producer operating six ethanol plants in Iowa, Indiana, Nebraska and Tennessee with a combined expected operating capacity of 480 million gallons of ethanol per year. Green Plains also operates an independent third-party ethanol marketing service, with marketing capacity of 305 million gallons of ethanol per year. Green Plains owns 51% of Blendstar, LLC, a Houston-based biofuel terminal operator with six facilities in five states. Green Plains' agribusiness segment operates grain storage facilities and complementary agronomy, feed, and fuel businesses in northern Iowa and southern Minnesota.
Source: Green Plains Renewable Energy
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