Green Plains, Inc. · NASDAQ:GPRE
Green Plains — Investor Presentation (February 2021)
17 slides from Green Plains's investor presentation, Feb 17, 2021
Slide 1: Investor Presentation
Investor Presentation February 2021
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation includes forward-looking statements that reflect management’s current views of company performance, industry conditions and future economic environment. These statements are based on assumptions and various factors that are subject to risks and uncertaint
Slide 3: Reinventing Green Plains
Reinventing Green Plains Refining our Platform – Building for Growth 2007 2017 2018 2020 2021 2007 – 2017 2018 – 2020 2021 & Beyond Expansion Optimization Transformation • Expanded from 4 to 17 • Deleveraged B/S by ~$1B • Acquired Fluid Quip Technologies, biorefineries • Monetized four biorefineries
Slide 4: Reinventing Green Plains
Reinventing Green Plains Refining our Platform – Building for Growth Our biorefineries’ role in Extracting more value every day transforming the corn kernel • Lower operating costs • We use mechanical and enzymatic • Reduced carbon footprint processes to “crack” a commodity into • Production of high
Slide 5: Who is Fluid Quip Technologies?
Who is Fluid Quip Technologies? • Founded in 2012 and based in Cedar Rapids, Iowa Engineering • Custom fully integrated engineering and technology firm for Solutions dry/wet corn milling and biochemical facilities Process • Full plant design, process optimization, yield improvement Optimization tech
Slide 6: Global Protein Demand is Growing
Global Protein Demand is Growing • World demand in protein is growing across every major sector driven by population growth, economics and availability • Fluid Quip helps feed the world with better proteins in both the US and Brazil • Increase protein production without acreage expansion • Produces
Slide 7: High Protein Technology, High Value, High Quality
High Protein Technology, High Value, High Quality Strategic ingredient in use today • Ultra-High Protein is a proven 50%+ protein co-product • Ultra-High Protein is an optimal ingredient for aquaculture, dairy, poultry, swine and companion animal diets • Currently being used in the pet, dairy, poult
Slide 8: Proteins & Ingredients
Proteins & Ingredients Product Advantages • Flexible protein concentration starting at 50% • Animal free source: vegetable (75%) and fungal (25%) • Cornerstone ingredient for developing new feed rations, freedom of formulation • High digestibility and additional species specific benefits improving a
Slide 9: Protein Opportunity with Fluid Quip Ag Tech
Protein Opportunity with Fluid Quip Ag Tech J-Curve of Protein Opportunity • Combination of strategic partnerships and control of hardware technology to drive continuing Gen II Developments innovation and advancements • Own and guide evolving hardware technology and Fishmeal Analogue IP, garnering i
Slide 10: Clean Sugar Technology – Disruptive Ag Tech
Clean Sugar Technology™ – Disruptive Ag Tech • Game changer for the Green Plains portfolio • Produce low cost, high quality glucose/dextrose from a CSTTM dry grind process • Pull slip stream off base ethanol plant or fully convert whole plant to glucose/dextrose production to significantly diversify
Slide 11: Strategic Opportunities Across Multiple Products
Strategic Opportunities Across Multiple Products • Ultra-High Protein - high value sustainable ingredient for pet, aquaculture and additional industries • Corn oil - low carbon feedstock for production of renewable diesel • USP & GNS Alcohol – high purity alcohol for use in sanitizers, disinfectants
Slide 12: Transformation Plan Drives Path to 2024 EBITDA
Transformation Plan Drives Path to 2024 EBITDA Assumptions $450 $440 • Assets produce at 95% of capacity on 958 million gallons of capacity $400 • Potential contributions from fuel ethanol business excluded $100 Ultra-High Protein $350 • Protein capital investment of ~$400 million based on 11 ethano
Slide 13: Focused on Sustainability
B= Green Plains Ingredients that matter Focused on Sustainability
Slide 14: Improved Sustainability and ESG Impact
Improved Sustainability and ESG Impact MSC Technology • Lower Carbon - Increased Distillers Corn Oil (DCO) recovery –feedstock for production of biodiesel and renewable diesel • Lower Transportation Costs - Shipping a concentrated corn protein end product vs whole kernel or traditional DDGS reduces
Slide 15: Our Sustainable Approach for Tomorrow
Our Sustainable Approach for Tomorrow Measuring Our Global Impact Provide less expensive, renewable biofuel alternatives to regular gasoline for consumers Meet the world’s growing food and dietary protein demands with ultra-high protein, plant-based feeds Reduce the need to feed animals to animals a
Slide 16: Why Green Plains?
Why Green Plains? • Tremendous asset base developed over the past 13 years which serves as the foundation for building Proven Track Green Plains 2.0 Record • Seasoned management team with proven track record of managing risk and allocating capital in various cycles • Strong balance sheet with ample
Slide 17: www.gpreinc.com
B= Green Plains Ingredients that matter www.gpreinc.com