Green Plains Announces High Protein Ingredient Production at its Shenandoah Biorefinery
Green Plains, Inc. (GPRE)
Last green plains, inc. earnings: 2/10 05:00 pm
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Source: GlobeNewswire
OMAHA, Neb., April 14, 2020 (GLOBE NEWSWIRE) -- Green Plains Inc. (NASDAQ:GPRE) today announced the successful startup of its high protein ingredient production facility and the first shipment of the product from its biorefinery in Shenandoah, Iowa. The shipment is destined for one of the premier ingredient processors and suppliers in the pet food industry. Green Plains has already sold a majority of its planned high protein production for 2020. “The completion of our first high protein ingredient production project represents a major milestone in our strategy to diversify our earnings and transition towards the creation of more sustainable high value products,” said Todd Becker, president and chief executive officer of Green Plains Inc. “We can now provide a high-quality protein feed product to the pet and aquaculture markets, extracting additional value from each kernel of corn we process in order to meet the growing worldwide demand for protein and novel feed ingredients. Our in
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