Examples of Blendstar in a sentence
For example, GPRE acquired Blendstar to penetrate into downstream blending and distribution markets.
Revenues from Blendstar LLC, a majority-owned biofuel terminal operator that offers ethanol transload and splash blending services, are recognized as these services are rendered.The Company routinely enters into fixed-price, physical-delivery ethanol sales agreements.
Throughput and unloading fees incurred by Blendstar are recognized as these services are rendered.
Green Plains owns 51% of Blendstar, LLC, a Houston-based biofuel terminal operator with six facilities in five states.
Additionally, we own Blendstar, LLC, which operates nine blending or terminaling facilities with approximately 495 mmgy of total throughput capacity in seven states in the south central United States.In the second quarter of 2011, we redefined our operating segments to include corn oil production as a reportable segment.
In 2010, we added two dry-mill ethanol plants, purchased five grain elevators in western Tennessee, built more grain storage facilities near our existing Iowa grain operations and opened two new Blendstar facilities in Collins, Mississippi and Bossier, Louisiana.
For example, GPRE acquired Blendstar to penetrateinto downstream blending and distribution markets.
For the year ended December 31, 2016, we qualitatively assessed whether it was more likely than not that the respective fair value of the Blendstar reporting unit was less than its carrying amount, including goodwill.
The transaction involved a membership interest purchase whereby Green Plains acquired 51% of Blendstar from Bioverda U.S. Holdings LLC, an affiliate of NTR, for $8.9 million.
For the six months ended June 30, 2009, Blendstar revenues were less than 1% of consolidated revenues and net loss was less than 1% of consolidated net loss.