Green Plains to Add USP Grade Alcohol to York, Neb. Location

Rhea-AI Summary

Green Plains Inc. (NASDAQ: GPRE) announced that its subsidiary, Green Plains York LLC, has contracted Fluid Quip Technologies LLC to upgrade its facility with a high-quality USP distillation system. This project aims to enhance the production of alcohol for sanitizers and disinfectants, ensuring high purity and flexibility. Green Plains York has over 20 years of experience in manufacturing alcohol and will continue producing FCC Grade alcohol during construction, projected to complete in approximately 90 days.

Positive

• Contracting Fluid Quip Technologies for USP distillation system enhances production capabilities.
• Upgrade solidifies Green Plains as a strategic provider of high-quality alcohol.
• Project completion expected within 90 days ensures timely delivery of products.

Negative

• None.

OMAHA, Neb., July 09, 2020 (GLOBE NEWSWIRE) -- Green Plains Inc. (NASDAQ:GPRE) today announced its subsidiary, Green Plains York LLC has contracted Fluid Quip Technologies LLC to engineer and design a high-quality USP distillation system, upgrading and expanding the capabilities of the facility.

“The upgrade to USP Grade alcohol at our York biorefinery solidifies Green Plains as a strategic provider of high-quality alcohols to our valued customers for use in sanitizers and disinfectants,” said Todd Becker, president and chief executive officer. “This project further enhances the quality of our alcohol, increases our flexibility, and ensures uninterrupted delivery of a premium product with unparalleled purity to our customers for the long term.”

Green Plains York has been manufacturing alcohol distilled specifically for the production of cleaners and disinfectants for over 20 years and was originally a beverage grade facility. It will continue to produce high-quality, FCC Grade alcohol which meets FDA specifications during construction. The project is anticipated to be constructed and completed within the next 90 days.

About Green Plains Inc.
Green Plains Inc. (NASDAQ:GPRE) is a diversified commodity-processing business with operations that include corn processing, grain handling and storage and commodity marketing and logistics services. The company is one of the leading corn processors in the world and, through its adjacent businesses, is focused on the production of high-protein feed ingredients. Green Plains owns a 50% interest in Green Plains Cattle Company LLC and owns a 49.0% limited partner interest and a 2.0% general partner interest in Green Plains Partners LP. For more information about Green Plains, visit www.gpreinc.com.

Green Plains Inc. Contacts
Investors: Phil Boggs | Senior Vice President, Investor Relations & Treasurer | 402.884.8700 | phil.boggs@gpreinc.com
Media: Leighton Eusebio | Manager, Public Relations | 402.952.4971 | leighton.eusebio@gpreinc.com         
Sales Inquiries: Chris Shockley | Director | 402.383.5813 | chris.shockley@gpreinc.com

FAQ

What is Green Plains Inc. planning for its York facility?

Green Plains Inc. is upgrading its York facility with a high-quality USP distillation system.

How will the upgrade at Green Plains York impact alcohol production?

The upgrade will enhance the purity and flexibility of alcohol production for sanitizers and disinfectants.

When is the completion date for the Green Plains York upgrade?

The project is anticipated to be completed within approximately 90 days.

Who is handling the engineering for the Green Plains facility upgrade?

Fluid Quip Technologies LLC is contracted to engineer and design the upgrade.

What type of alcohol does Green Plains York manufacture?

Green Plains York manufactures alcohol specifically for cleaners and disinfectants, along with FCC Grade alcohol.