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Making Every Point Matter

February 15, 2023

BY Tom Bryan

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Rex reports strong Q1, announces progress with capacity expansion and CCS projects

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By Erin Voegele

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Rex American Resources Corp. on May 22 reported that the company achieved near-record financial results during its fiscal Q1 2024. The company also announced it secured 100% of the rights of way for its planned 6-mile carbon pipeline.

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To further the export growth of U.S. DDGS, the USGC and the North Dakota Corn Council in May led a group of East and West African industry stakeholders on a tour of U.S. production facilities and the transportation supply chain.

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Verbio on May 23 celebrated the groundbreaking of a conversion project at its ethanol plant in South Bend, Indiana, that will allow the facility to produce both ethanol and renewable natural gas (RNG) using an innovative production approach.

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Growth Energy has presented Nebraska Gov. Jim Pillen with its highest honor—the America’s Fuel Award— in recognition of his commitment to American bioethanol and his efforts to make Nebraska’s biofuels industry among the strongest in the nation.

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The U.S. Grains Council on May 21 received notice of additional funding from the USDA under its Regional Agriculture Promotion Program. The award will disperse $17 million to the USGC for use in developing U.S. export markets.

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