REX AMERICAN RESOURCES Corp
A holding company producing ethanol and developing carbon capture projects.
REX | US
Overview
Corporate Details
- ISIN(s):
- US7616241052
- LEI:
- Country:
- United States of America
- Address:
- 7720 PARAGON ROAD, 45459 DAYTON
- Website:
- https://www.rexamerican.com/
- Sector:
- Manufacturing
Description
REX American Resources Corp. is a holding company with investments in alternative energy, primarily focused on the production and sale of ethanol. The company converts agricultural commodities into renewable fuel and related co-products, such as distillers grains. A key strategic focus is the development of carbon capture and sequestration (CCS) projects to reduce the carbon intensity of its operations. This initiative involves capturing carbon dioxide emissions from its ethanol facilities for permanent underground storage, with the goal of producing low-carbon ethanol and advancing towards near-carbon neutral operations. The company has constructed carbon capture and compression facilities and is progressing with the permitting process for Class VI injection wells to support this objective.
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Filings
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| 2023-06-08 15:48 |
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Insider Transactions
| Date | Insider Name | Position | Type | Shares | Value |
|---|---|---|---|---|---|
| No insider transactions recorded for this company. | |||||