sector: Basic Materials ·
industry: Chemicals - Commodity ·
As of
25 Nov 2009
2.00USD
BioFuel Energy Corp. is engaged in the manufacture and sale of ethanol and its co-products (primarily distillers grain), through its two ethanol production facilities located in Wood River, Nebraska, and Fairmont, Minnesota. The Company's ethanol plants are owned and operated by the operating subsidiaries of BioFuel Energy, LLC (the LLC). The Company produces ethanol at both its plants, each having a nameplate capacity, based on the maximum amount of permitted denaturant, of 115 million gallons per year (Mmgy). The Company’s primary source of revenue is the sale of ethanol. It also receives revenue from the sale of distillers grain, which is a residual co-product of the processed corn and is sold as animal feed.
BRIEF: For the six months ended 30 June 2009, BioFuel EnergyCorp. Revenues totaled $204M, up from $292K revenue. Net loss totaled $14.2M, up from $830K. Revenues reflects increased sale of ethanol. Higher loss reflects higher cost of goods sold, the presence of interest exposes, the presence of other non-operating expenses, the absence of unrealized gain on derivative financial instruments and the presence of gross loss.
BioFuel Energy Corp.
1801 Broadway
Suite 1060
Denver CO 80202
P: +1303.5928110
F: +1303.5928117