Green Plains Inc. (GPRE) is a diversified commodity-processing company that primarily focuses on the production of ethanol, a renewable fuel made from corn and other feedstocks. The company is based in Omaha, Nebraska, USA, and was founded in 2004. Green Plains is one of the largest ethanol producers in the United States and has a significant presence in the renewable fuels market.
The company operates through several business segments, including:
- Ethanol Production: Green Plains operates multiple ethanol production facilities across the United States, with a combined production capacity of over one billion gallons per year. Ethanol is a clean-burning, renewable fuel that is blended with gasoline to reduce greenhouse gas emissions and improve air quality.
- Agribusiness and Energy Services: This segment focuses on the marketing and trading of ethanol, distillers grains, corn oil, and other commodities. Green Plains also provides transportation, storage, and risk management services to its customers.
- Food and Ingredients: Green Plains operates a cattle-feeding operation, which utilizes the distillers grains produced as a byproduct of ethanol production as a high-protein animal feed. The company also produces corn oil, which is used as a feed ingredient and in various industrial applications.
- Partnership: Green Plains Partners LP is a master limited partnership (MLP) formed by Green Plains Inc. to own, operate, develop, and acquire ethanol and fuel storage facilities, terminals, transportation assets, and other related assets and businesses.
Green Plains Inc. is committed to environmental sustainability and is constantly working to improve the efficiency of its operations, reduce waste, and minimize its carbon footprint. The company plays a crucial role in the renewable fuels industry by providing a cleaner alternative to traditional fossil fuels.