Tired of Waiting on Washington, Ethanol CEO Bets on Animal Feed – Advanced BioFuels USA
by Kim Chipman (Bloomberg) Green Plains Inc. Chief Executive Officer Todd Becker is getting closer to his goal of never having to worry about U.S. ethanol policy again. Instead of awaiting Washington’s next move in the industry’s battle with Big Oil for share of gasoline tanks, Becker is working to transform Green Plains into an agricultural technology company focused on extracting more oil and high-value proteins from corn, with ethanol merely a byproduct. Last week, the company joined with asset management firm Ospraie Management LLC to buy a majority stake in Fluid Quip Technologie...