OMAHA, Neb., Dec. 19, 2012 (GLOBE NEWSWIRE) -- Green Plains Renewable Energy, Inc. (Nasdaq:GPRE) announced today that BlendStar LLC, its wholly-owned subsidiary, has completed construction and has begun operations at its 96-car unit train terminal in Birmingham, Ala. The new terminal is served by the BNSF Railway and has a throughput capacity of 300 million gallons of ethanol annually.
"We are pleased to announce the start-up of operations at the Birmingham terminal, which will provide more efficient distribution of ethanol to underserved markets in the southeastern U.S.," said Todd Becker, President and Chief Executive Officer of Green Plains. "We have unloaded the first unit train of ethanol and expect the terminal to be at full capacity in January 2013. This facility expands our geographic footprint consistent with our strategy to expand our downstream distribution capabilities."
The Birmingham terminal currently has 160,000 barrels of storage and a four-lane covered truck rack, both with expansion capabilities.
About Green Plains Renewable Energy, Inc.
Green Plains Renewable Energy, Inc. (Nasdaq:GPRE) is North America's fourth largest ethanol producer, which markets and distributes approximately one billion gallons of renewable motor fuel 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
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