American Fuels

Chemicals & Related Products · United States · 11-50 Employees

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Overview

Headquarters

United States

Revenue

<$5 Million

Industry

Chemicals & Related Products Manufacturing
ZI Rank: 1
Signal Type
Jan
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ZI Rank
1
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1

About American Fuels

Green Plains Inc. announced recently that its subsidiary, Green Plains Ord LLC, has entered into an asset purchase agreement with GreenAmerica Biofuels Ord LLC to sell its 65 million gallon ethanol plant located in Ord, Neb. for $64 million, plus working capital. "The sale of our Ord, Nebraska plant is another step in our overall "fully funded" strategy to rapidly construct and implement our Ultra-High Protein production technology across our biorefining platform," said Todd Becker, president and chief executive officer. "We believe this sale enables us to create additional value for our shareholders by efficiently deploying capital to support our transformation through technological advancements in proteins, sustainable corn oils and clean sugars acquired in the recently announced Fluid Quip Technologies transaction." Green Plains Ord LLC has also entered into an asset purchase agreement with Green Plains Partners LP and its affiliates (Partnership) to acquire the storage and transporRead more
American Fuels's Social MediaPopular SearchesAmerican FuelsGreen Plains IncSIC Code 29,299NAICS Code 32,324Show more

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Company Name

Revenue

Number of Employees

Type

Funding

Founded In

Top Executive

American Fuels

<$5M
11-50
Private
-
-
N/A
<$5M
1-10
Private
-
-
<$5M
11-50
Private
-
-
N/A
<$5M
1-10
Private
-
-
N/A
<$5M
11-50
Private
-
-
N/A
<$5M
11-50
Private
-
-
SP
Sitarski PawelDistrict Manager
<$5M
1-10
Private
<$5M
2012
AM
Angelo MarkatosDemolition and Environmental Services
Illustration of an envelope

Company Profile Activity

i

Among all Manufacturing companies

Low Activity

High Activity

Activity Insights

American Fuels is experiencing very low activity levels compared to other companies in the Manufacturing sector.

What does this means?

American Fuels is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about American Fuels.

American Fuels Tech Stack

A closer look at the technologies used by American Fuels

Top Chemicals & Related Products Companies

Frequently Asked Questions Regarding American Fuels

What is American Fuels's official website?
American Fuels's official website is www.americanfuels.net
What is American Fuels's Revenue?
American Fuels's revenue is <$5 Million
What is American Fuels's SIC code?
American Fuels's SIC: 29,299
What is American Fuels's NAICS code?
American Fuels's NAICS: 32,324
How many employees does American Fuels have?
American Fuels has 11-50 employees
What industry does American Fuels belong to?
American Fuels is in the industry of: Chemicals & Related Products, Manufacturing
What is American Fuels competition?
American Fuels top competitors include: Advanced BioFuels USA, Mac Hudson Industries, CWBiofuels, B100 Biodiesel
What technology does American Fuels use?
Some of the popular technologies that American Fuels uses are: Blogger, Google Custom Search, Google AdSense, Business Wire
What does American Fuels do?

Green Plains Inc. announced recently that its subsidiary, Green Plains Ord LLC, has entered into an asset purchase agreement with GreenAmerica Biofuels Ord LLC to sell its 65 million gallon ethanol plant located in Ord, Neb. for $64 million, plus working capital. "The sale of our Ord, Nebraska plant is another step in our overall "fully funded" str... ategy to rapidly construct and implement our Ultra-High Protein production technology across our biorefining platform," said Todd Becker, president and chief executive officer. "We believe this sale enables us to create additional value for our shareholders by efficiently deploying capital to support our transformation through technological advancements in proteins, sustainable corn oils and clean sugars acquired in the recently announced Fluid Quip Technologies transaction." Green Plains Ord LLC has also entered into an asset purchase agreement with Green Plains Partners LP and its affiliates (Partnership) to acquire the storage and transportation assets and the assignment of railcar leases associated with the Ord ethanol plant for $27 million, which will be utilized to pay down the Partnership's debt. In addition, the storage and throughput services agreement will be amended to adjust the minimum volume commitment to 217.7 million gallons per quarter and to extend the maturity date by one year to June 30, 2029. "We believe the value achieved from the sale of the Ord facility begins to demonstrate that we remain undervalued relative to the potential of our portfolio. As we execute on our total transformation strategy, adding additional innovative, sustainable and clean products produced at our biorefineries through the application of these technologies, we believe our value will continue to increase," concluded Becker. Green Plains will record a pre-tax gain of approximately $37 million related to the transaction. Both transactions are anticipated to close within the next 45 days. The purchase agreements are subject to customary closing conditions and contain ...Read More

What are American Fuels social media links?
American Fuels Facebook page
Is American Fuels a public company?
American Fuels is private company therefore does not currently have an official ticker symbol
See more information about American Fuels

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