Page 13 - New8814 GP 2011_AR-fnl

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GREEN PLAINS 2011 ANNUAL REPORT
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Purchase of specialty-drug provider MedFusionRx helped phar-
macy benefit manager profit from spending on such meds.
Coffee roaster also makes single-serve pods called K-cups and
now sells them to ConAgra, Starbucks, and Dunkin’ Donuts.
Nothing to sneeze at: Maker of generic drugs for allergies, diabe-
tes, and pain reported 51% sales growth over the previous year.
Chinese search engine enjoyed a 78% rise in revenue in 2010,
signing digital-music deals and partnering with Microsoft’s Bing.
Profits at this weight-loss meal seller and counselor, whose pro-
grams are sold by local ‘’coaches,’’ beefed up by 73% in 2010.
Sales for this biophamaceutical concern’s first drug---Soliris,
which treats a rare blood disease---are rising.
Ethanol maker increased capacity by 42%, making it the U.S.’s
fourth-largest producer only four years after starting operations.
With tourism booming in China, this budget-hotel chain has been
expanding rapidly.
Orders have been smoking hot again this year at the gunmaker,
which lagged in 2010 after scorching in 2008 and 2009.
Maker of components for devices such as the iPhone and iPad
more than doubled its revenue over the past two years.
Shark Week,
, and the Casey Anthony trial buoyed
the owner of cable’s Discovery Channel, TLC, and Animal Planet.
Storm Chasers
Ethanol maker incr ased apacity by 42%, making it the U.S.’s
fourth-largest producer only fou years after starting operations.
In mid-August 2011, at the famed Watkins Glen International
Speedway, E15 passed the million-mile marker. E15, a blend
of 15% ethanol and 85% gasoline, was not the number
emblazoned on the side of a car; rather, it was the blend in the
tank that on that day fueled America’s high-performance race
cars through more than a million miles of NASCAR racing.
We consider this one more piece of evidence demonstrating
that ethanol is out in front of the pack and gaining in the
race toward adoption of higher blends of this renewable
fuel. Right now, E10 is used universally in cars, and
expanding to E15 will conceivably expand domestic market
potential by 50%, or an additional 7 billion gallons. That
spells further opportunity in revenue and profits.
In 2011, BlendStar became a wholly-owned subsidiary,
putting us in a position to accelerate our reach into markets
that currently do not have efficient access to this renewable
fuel. Also in 2011, we embarked on building a new ethanol
unit train terminal in Birmingham, Alabama. Situated on the
BNSF railroad, the terminal will have the capacity to store
160,000 barrels and will be able to receive full 96-car unit
trains of ethanol that can be off-loaded within a 24-hour
window. This terminal is expected to be operational in the
fourth quarter of 2012.
By leveraging our marketing and distribution capabilities
along with our owned assets, during times of full production,
we have more than a billion gallons of annual ethanol
distribution with the ability to efficiently ship to any
significant marketplace in the U.S.
We are well positioned by long-term fundamentals driven by
E15 and growing global demand, world demand for octane
and oxygenate, and our low-cost producer status.
Just like the NASCAR team engaged in a 500-mile race, at
Green Plains our opportunity is not, and never was, a sprint.
Rather, it has been the means to create a unique, integrated
set of assets guided by the power of seasoned know-how to
harvest energy.
In Front of the Pack