Green Plains CEO Fights the Struggles in the U.S. Ethanol Industry

The video discusses the challenges faced by the ethanol industry, including oversupply and tariffs. Green Plains, a major ethanol producer, is shifting its strategy to focus on protein production for livestock feed. The company plans to invest significantly in retrofitting its facilities to capitalize on the growing demand for protein. Despite current financial losses, Green Plains aims to become profitable by leveraging the protein market, which offers better margins compared to ethanol. The company is optimistic about raising the necessary capital and achieving profitability within a few years.

What is one of the main reasons for the current challenges in the ethanol industry?

• Increased demand for ethanol

• Decreased ethanol production

• High tariffs on US imports by China

• Rising oil prices

What strategic change is Green Plains Energy implementing?

• Investing in solar energy

• Expanding exports to China

• Shifting focus to protein production

• Increasing ethanol production

How much does Green Plains Energy plan to spend on retrofitting their platform for protein production?

• $100 to $200 million

• $200 to $350 million

• $500 to $700 million

• $350 to $500 million

What is the expected timeline for Green Plains to complete their platform retrofit?

• 2 to 2.5 years

• 1 to 1.5 years

• 3 to 3.5 years

• 4 to 4.5 years

What percentage of Green Plains' revenue currently comes from low-value protein?

• 40%

• 30%

• 20%

• 10%