For the three months ended December 31, 2008, revenues totalled USD89.0m, which was comprised of USD73.6m from sales of ethanol and USD15.4m from sales of distillers' grain
. Net loss to common shareholders is USD6.9m or USD.43 a share, for the three months ended December 31, 2008.
At nameplate capacity, the company's plants are capable of producing 230 million gallons of fuel grade ethanol and up to 720,000 tons of dried distillers' grain
In addition, a 20,000 head livestock feedlot is being developed to utilize the "sweetwater" and distillers' grain
Livestock producers began seeking alternative feeds that could be imported at lower prices, such as distillers' grains
, sorghum, and barley.
Drinking white spirit generates huge amounts of distillers' grains
(DG) as an industrial waste, which is disposed in open areas and often caused environmental problems.
The company touted as an advantage the Texas facility's proximity to a large concentration of cattle feedyards, a top market for the ethanol byproduct dried distillers' grains
(DDGs), a protein-rich animal feed.
hit record levels: Japanese imports of distillers dried grains with solubles (DDGS) have risen to record levels as the country seeks alternatives to more costly feed materials.
Charles Grassley (R-Iowa), who says ethanol opponents are exaggerating when they say more corn is used in ethanol production than to feed livestock, because they don't factor in dried distillers' grains
, the corn that is re-introduced into the livestock-feed market after the distillation process.
In the Tibetan plateau, the history of making and drinking barley wine dates back several thousand years, and there is a substantial amount of wet hulless-barley distillers' grains
(WHDG) produced annually leading to an ever increasing interest in the efficient use of these WHDG due to economic and environmental concerns.
To survive economically, ethanol plants depend on sales of distillers' grains
, solid material left over from corn fermentation.
New equipment to be installed at Platinum Ethanol in Ida County will make pellets from Dried Distillers' Grains
with Solubles (DDGS) for easier shipping of the high nutrient livestock feed.
The exact effects of higher corn prices will vary across livestock species, due to differences in feed conversion efficiencies and constraints on some animals' ability to use distillers' grains
in rations, according to the ERS.