News

Ethanol maker Green Plains says rail transport not keeping up as more embrace E15 - Omaha World Herald

October 31, 2014


Article by Russell Hubbard - Oct. 30, 2014

Green Plains Inc., whose shares have climbed 80 percent this year, told investors Wednesday that higher blends of ethanol are making it into the nation’s gas supply but that congested rail networks make it hard to get it out there.

“The last couple of weeks or so, we are seeing a significant degradation of service on several carriers,” Green Plains Chief Executive Todd Becker said on a conference call, discussing rail service and third-quarter earnings.

At the same time, gasoline blended to form a fuel that is 15 percent ethanol, called E15, is growing in popularity, Becker said.

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Green Plains Q3 2014 Earnings Conference Call

October 24, 2014


Date: Wednesday, Oct. 29, 2014

Time: 11:00 a.m. ET / 10:00 a.m. CT

Access the webcast here: http://investor.gpreinc.com/events.cfm


US appeals court rejects lawsuit over E15 labeling rules - PLATTS

October 22, 2014


Houston (Platts) - Oct. 21, 2014

A federal appeals court on Tuesday tossed out a lawsuit filed by several industry trade groups seeking to repeal US Environmental Protection Agency rules requiring labels for pumps selling gasoline containing 15 percent ethanol.

The US Court of Appeals for the District of Columbia ruled that the plaintiffs, including the American Petroleum Institute and the Engine Products Group, did not have legal standing to challenge the rules.

"Petitioners fail to establish Article III standing because they cannot show that their members have suffered or are threatened with suffering an injury in fact that is traceable to the regulation and redressable by a favorable decision," the judges wrote in their opinion.

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Green Plains Mulls Further Feedlot Deals - Wall Street Journal

July 31, 2014


Article by Jacob Bunge - July 30, 2014

Green Plains Inc. may buy more cattle feedlots after the ethanol maker expanded into the business last month with the purchase of a Kansas cattle yard, its chief executive said.

Running a feedlot has given Green Plains an outlet for some of its dried distillers grains, a byproduct of ethanol production that is used to feed livestock, and it has improved the company's views into the cattle markets generally, CEO Todd Becker said in an interview.

"So far we've liked the results of the cattle feeding business," Mr. Becker said. "It probably won't be the last one we buy."

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