Click for REX June, 2019 Investor Relations Presentation
|
REX American Resources has interests in six ethanol production facilities, which in aggregate shipped approximately 702 million gallons
of ethanol over the twelve month period ended April 30, 2019. REX's effective ownership of the trailing twelve month gallons shipped (for the
twelve months ended April 30, 2019) by the ethanol production facilities in which it currently has ownership interests was approximately
279 million gallons. REX's ownership interest in the six plants is summarized in the following table.
Ethanol Ownership/Effective Annual Gallons Shipped as of April 30, 2019

|
|
One Earth Energy, LLC
REX has a 75.0% ownership interest in One Earth Energy, LLC, which operates an
ethanol production facility in Gibson City, Illinois. The facility has a design capacity of 100 million gallons of
ethanol and 320,000 tons of dried distiller grains per year. The plant commenced operation in July, 2009. We consolidate their results into our financial statements.
NuGen Energy, LLC
REX has a 99.5% ownership interest in NuGen Energy, LLC. We acquired our initial 48% on June 30, 2010 and an additional 50%
on November 1, 2011. The facility has a design capacity of 100 million gallons of ethanol
and 320,000 tons of dried distiller grains per year. The plant initially commenced production in February, 2008. We consolidate
their results into our financial statements, effective November 1, 2011.
Big River Resources, LLC
REX has a 10.3% ownership interest in Big River Resources, LLC,("Big River Resources") a holding company for the following ethanol production
entities in Iowa, Illinois and Wisconsin:
Big River Resources West Burlington, LLC("West Burlington").
West Burlington operates a 100% owned ethanol production facility in West Burlington, Iowa, that has a design
capacity of 92 million gallons of ethanol and approximately 300,000 tons of dried distiller grains per year. The
facility has been in operation since 2004. REX's ownership interest in the plant is 10.3% via its ownership in the
parent, Big River Resources.
Big River Resources Galva, LLC("Galva").
Big River Resources operates a 100% owned ethanol production facility in Galva, Illinois, that has a design
capacity of 100 million gallons of ethanol and approximately 320,000 tons of dried distiller grains per year. The
facility has been in operation since May 2009. REX's ownership interest in the plant is 10.3% via its ownership in the
parent, Big River Resources.
Big River United Energy, LLC("Dyersville").
Big River acquired a 50.5% interest in this plant in August, 2009. Dyersville operates an ethanol facility in
Dyersville, Iowa, that has a design capacity of 100 million gallons of ethanol and 320,000 tons of dried distiller
grains per year. REX's ownership in the plant is 5.7% via its ownership in the parent, Big River Resources.
Big River Resources Boyceville, LLC("Boyceville").
Big River acquired a 100% interest in this plant in December, 2011. Boyceville operates an ethanol facility in
Boyceville, Wisconsin, that has a design capacity of 55 million gallons of ethanol and 176,000 tons of dried distiller
grains per year. REX's ownership in the plant is 10.3% via its ownership in the parent, Big River Resources.
Big River also operates six agricultural elevators with a storage capacity of approximately 15 million bushels.
Refined Coal
REX acquired a 95.4% ownership interest in an entity that owns a refined coal facility in August 2017. REX began
operating the refined coal facility immediately after the acquistion. REX expects that the revenues from the sale
of refined coal produced in the facility will be subsidized by federal production tax credits through November 2021,
subject to meeting qualified emissions reductions as goverened by Section 45 of the Internal Revenue Code. Annually,
the IRS publishes the amount of federal income tax credit earned per ton of refined coal produced and sold. For 2019,
the tax credit is approximately $7.17 per ton of refined coal produced and sold.
|
|
|
SEC Link to REX online filings
 Corporate Governance 
 Annual Reports 
 2019 Proxy 
|
|
|
Click here for Live Webcast
Rex American Resources
Fiscal 2019
Third Quarter Earnings Call
December 4, 2019 11:00 AM ET
|
Windows Media Player required for live webcast
|
For real time quotes, press releases and other information about RSC
Visit
Home ||
Investors
|