Monday, May 14, 2012 1:40:43 PM
ANDE shipped 9.1 million pounds of corn oil in Q112 compared to 1.7 million in Q111. It's nice to see one of our largest customers ramping up while infringers still struggle with faulty/knock-off equipment from ICM.
"Our Ethanol business holds investments in the three ethanol production facilities. The business also offers facility operations, risk management, and ethanol, corn oil and distillers dried grains (“DDG”) marketing to the ethanol plants it operates as well as third parties."
"Corn oil pounds shipped for the quarters ended March 31, 2012 and 2011 were 9.1 million and 1.7 million, respectively. E-85 gallons shipped for the quarters ended March 31, 2012 and 2011 were 4.1 million and 2.9 million, respectively."
http://www.sec.gov/Archives/edgar/data/821026/000119312512222155/d322568d10q.htm
Good Luck To All!$!$!
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