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Green Plains is a vertically-integrated ethanol producer based in Omaha, Nebraska. We currently have an ethanol production capacity of approximately 480 million gallons per year with our 6 plants located in Bluffton, Indiana, Central City, Nebraska, Obion, Tennessee, Ord, Nebraska, Shenandoah, Iowa and Superior, Iowa. We also operate an independent third party ethanol marketing business, Green Plains Trade, for which we have 360 million gallons of annual production under contract.

Green Plains also provides agribusiness services through our Subsidiary – Green Plains Grain. Green Plains Grain is a full-service agribusiness organization that specializes in grain, agronomy, and petroleum products in Iowa, southwestern Minnesota and western Tennessee. Green Plains Grain has grain storage capacity of approximately 30 million bushels that are used to support our grain merchandising activities, as well as our ethanol plant operations. We believe that incorporating this business segment into our operations increases efficiencies and reduces commodity price and supply risks.

To add to our platform, we acquired a majority interest in a biofuel terminal operator Blendstar based in Houston, Texas in January 2009. The Blendstar platform allows customers to source, store and blend ethanol and biodiesel to meet growing demand, now and in the future. Blendstar currently has terminals with a total annual throughput capacity of more than 495 million gallons per year. These facilities accept deliveries by both rail and truck, and offer the same quality controls, safety, security, and back office functionality of a major petroleum terminal.

Looking to next generation technology, Green Plains is part of a joint venture called BioProcessAlgae to commercialize algae production technology. In addition to Green Plains the other partners in the venture are CLARCOR Inc., Bioprocess H2O, and NTR plc. BioProcessAlgae received a grant from Iowa Office of Energy Independence for approximately $2.1 million to build a pilot project at Green Plains’ ethanol plant in Shenandoah, Iowa.