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POET+FHRe=HUGE: POET in 'exclusive discussions' to buy FHR's 800m gallon portfolio: advanced biorefining, economies of scale in focus : Biofuels Digest


From South Dakota, The Digest has learned that POET is in exclusive discussions with Flint Hills Resources over the possible acquisition of their biofuels business.
Flint Hills Resources is the nation’s fifth-largest bioethanol producer, and this acquisition would include all six of their bioethanol production facilities in Iowa and Nebraska with a combined annual capacity of approximately 800 million gallons., along with two terminals in Texas and Georgia.Flint Hills Resources is the fifth largest ethanol producer in the United States. Closing of a transaction would bring the POET fleet to 33 bioprocessing facilities across 8 states. The FHR plants are in Faimont, Nebraska; and Arthur, Menlo, Shell Rock, Fairbank and Iowa Falls, all in Iowa. ....

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POET+FHRe=HUGE: POET in 'Exclusive Discussions' to Buy FHR's 800m Gallon Portfolio: Advanced Biorefining, Economies of Scale in Focus – Advanced BioFuels USA


by Helena Tavares Kennedy (Biofuels Digest) From South Dakota, The Digest has learned that POET is in exclusive discussions with Flint Hills Resources over the possible acquisition of their biofuels business.
Flint Hills Resources is the nation’s fifth-largest bioethanol producer, and this acquisition would include all six of their bioethanol production facilities in Iowa and Nebraska with a combined annual capacity of approximately 800 million gallons., along with two terminals in Texas and Georgia. Flint Hills Resources is the fifth largest ethanol producer in the United States. Closing of a transaction would bring the POET fleet to 33 bioprocessing facilities across 8 states. The FHR plants are in Faimont, Nebraska; and Arthur, Menlo, Shell Rock, Fairbank and Iowa Falls, all in Iowa. ....

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Preferred Apartment Communities, Inc. Reports Results for First Quarter 2021


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ATLANTA, May 10, 2021 /PRNewswire/ Preferred Apartment Communities, Inc. (NYSE: APTS) ( we, our, the Company, Preferred Apartment Communities or PAC ) today reported results for the quarter ended March 31, 2021. Unless otherwise indicated, all per share results are reported based on the basic weighted average shares of Common Stock and Class A Units ( Class A Units ) of the Preferred Apartment Communities Operating Partnership (our Operating Partnership ) outstanding. See Definitions of Non-GAAP Measures.
Preferred Apartment Communities
We are very pleased to report another quarter of sound operational performance from our Sunbelt-focused portfolio of assets. We are seeing solid growth and positive trajectory in our top line revenues in our core multifamily business, which is supported by broad positive economic and migration trends. These operational successes have allowed us to continue to advance our strategic go ....

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