OMAHA, Neb., Aug. 19, 2013 (GLOBE NEWSWIRE) -- Green Plains Renewable Energy, Inc. will host a ribbon cutting ceremony at its recently-acquired ethanol plant in Atkinson, Neb. on August 21, 2013. Nebraska Senator Deb Fischer will attend as the guest of honor. Green Plains commenced operations of the Atkinson plant on July 22, 2013.
"The communities of Atkinson and O'Neill were very helpful in our efforts to restart this plant over the past few weeks," said Todd Becker, Green Plains' President and Chief Executive Officer. "Our experienced team has quickly made the necessary upgrades and the Atkinson plant is running at full capacity, producing the best, most economical renewable fuel in the world. We are proud to be a part of this community and are honored to have Senator Deb Fischer join us for the occasion."
The event is open to the public and will take place on August 21, 2013 from 2:00 pm to 4:00 pm Central time with the ribbon cutting ceremony taking place at 3:00 pm.About Green Plains Renewable Energy, Inc. Green Plains Renewable Energy, Inc. (Nasdaq:GPRE), which is North America's fourth largest ethanol producer, markets and distributes approximately one billion gallons of ethanol annually. Green Plains owns and operates grain storage assets in the corn belt and biofuel terminals in the southern U.S. Green Plains is a joint venture partner in BioProcess Algae LLC, which was formed to commercialize advanced photo-bioreactor technologies for growing and harvesting algal biomass. Safe Harbor This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Such statements are identified by the use of words such as "anticipates," "believes," "estimates," "expects," "goal," "intends," "plans," "potential," "predicts," "should," "will," and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. Such statements are based on management's current expectations and are subject to various factors, risks and uncertainties that may cause actual results, outcome of events, timing and performance to differ materially from those expressed or implied by such forward-looking statements. Green Plains may experience significant fluctuations in future operating results due to a number of economic conditions, including, but not limited to, competition in the ethanol and other industries in which the Company operates, commodity market risks including those that may result from current weather conditions, financial market risks, counter-party risks, risks associated with changes to federal policy or regulation, risks related to closing and achieving anticipated results from acquisitions, risks associated with the joint venture to commercialize algae production and the growth potential of the algal biomass industry, and other risks detailed in the Company's reports filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2012, and in the Company's subsequent filings with the SEC. In addition, the Company is not obligated, and does not intend, to update any of its forward-looking statements at any time unless an update is required by applicable securities laws.
CONTACT: Jim Stark, Vice President - Investor and Media Relations Green Plains Renewable Energy, Inc. (402) 884-8700
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts