Green Plains (GPRE) said Monday it has launched production of dextrose syrups with the first commercial deployment of Fluid Quip Technologies' Clean Sugar Technology at a Shenandoah, Iowa facility.
Bulk shipments of commercial quantities to end-use customers are expected to start in the coming weeks, Green Plains said.
Green Plains said it is in advanced negotiations for multiple offtake partnerships, and that "interest for these dextrose and glucose corn syrups exceeds the current production capacity of the Shenandoah facility."
Price: 11.50, Change: +0.01, Percent Change: +0.09
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.