Page 26 - Todd Becker News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Green Plains/Ethanol Producer Magazine) Green Plains Inc. and Ospraie Management today announced that recently acquired Fluid Quip Technologies is engineering and constructing a fully scalable commercial Clean Sugar Technology production facility at the Green Plains York Innovation Center. This technology effectively transforms a dry milling facility into a clean sugar biorefinery where dextrose/glucose replaces ethanol as the primary product. “Over the past two years, Green Plains has made strategic investments to dramatically transform our business into a leading, technology-focused pro...

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...

“The sale of the Hereford ethanol facility allows us to reallocate capital to support the accelerated buildout of our Ultra-High Protein technology and continue our total transformation to an ag-tech focused company,” said Todd Becker, president and chief executive officer. “We determined that this location was not optimal for our growing focus on sustainable proteins and novel ingredients and were pleased to find a partner interested in pursuing several identified carbon capture opportunities. In addition, this location can be further optimized to lower carbon intensity scores which wi...

We're here at one of their corn ethanol plants. i talked to their ceo todd becker. he said to be very clear, he is a strong supporter of this president. he said that this company has had $150 million in losses in just the last year. that has been seen over in the price of corn. we have seen a price. he said essentially the bailout of the administration doesn't meet the operating costs. when it comes to the political ramifications, they said that it's essential that the e.p.a. and trump administration reverses course and makes up for the exemptions that were handed to the oil companies. >> it's...

They say that they have lost $150 million alone in just the last year because of these exemptions. but you also look at just last week there was an indiana-based corn ethanol plant that just shut down. just yesterday one up in minnesota announced its closure. because of that the decrease in demand for the ethanol. what you see is that ripple effect going out into the farms. we talked to one farmer yesterday who told us that, look, he voted for the president back in 2016, he wants to vote for him again in 2020 believing at one point that he was there to defend the american farmer taking on the ...