Oct 19 (Reuters) - Green Plains Partners Lp :Green Plains Partners increases quarterly distribution.Green Plains Partners Lp - board of directors of its general partner declared a quarterly cash distribution of $0.46 per unit.
Oct 11 (Reuters) - CROPENERGIES AG :DGAP-NEWS: CROPENERGIES CONTINUES TO INCREASE REVENUES AND EARNINGS IN 1ST HALF OF 2017/18 - ETHANOL PRODUCTION INCREASES BY 26 PERCENT.ALTOGETHER, EBITDA INCREASED BY 13 PERCENT TO EUR 67 (PREVIOUS YEAR: EUR 59) MILLION IN 1^ST HALF 2017/18.IN 2ND QUARTER OF CURRENT FINANCIAL YEAR, EBITDA AMOUNTED TO EUR 33 (PREVIOUS YEAR: EUR 31) MILLION.IN 2ND QUARTER 2017/18, REVENUES GREW TO EUR 229 (PREVIOUS YEAR: EUR 182) MILLION.HAS ADJUSTED ITS REVENUES FORECAST FOR 2017/18 FINANCIAL YEAR AND NOW EXPECTS REVENUES FOR FULL YEAR TO RANGE BETWEEN EUR 880 AND EUR 920 MILLION.FY 2017/18 OPERATING PROFIT IS NOW EXPECTED TO RANGE BETWEEN EUR 60 AND EUR 90 MILLION.
Oct 11 (Reuters) - Thai Agro Energy Pcl :Received command of the ministry of industry to suspend factory production temporarily on Oct 4.At present, co has no ethanol in stock for selling because entire ethanol was delivered to customers.Estimating the impact of the incident on fourth quarter results.
Sept 15 (Reuters) - Magnegas Corp :MagneGas announces financing transaction.MagneGas Corp - Entered securities purchase agreement with institutional accredited investors to purchase up to about $620,000 of its series E stock.Will issue to investors a total of 36,765 shares of series E convertible preferred stock at a purchase price of $1.36 per share.
CropEnergies AG : Increases forecast for financial year 2016/17 once more - after record year 2016/17, normalization expected for 2017/18 . For full financial year 2016/17, CropEnergies now expects revenues of 800 million euros to 810 million euros ($850.72 mln - $861.35 mln);(previously expected: 760 million to 790 million euros, previous year: 723 mln euros) . Operating profit is to reach 95 mln to 100 mln euros (previously expected: 70 mln to 85 mln euros, previous year: 87 mln euros) million for FY . Expects a record FY EBITDA of approximately 130 mln to 135 mln euros(previous year: 122 mln euros) . Main reasons for better earnings situation are spot prices for bioethanol which continue to be significantly higher than previously expected forward prices and high capacity utilization in all production plants . Cropenergies expects a normalization of operating profit for financial year 2017/18 to a range of 40 mln euros to 80 million euros . Cropenergies - normalization of operating profit for financial year 2017/18 corresponds to an EBITDA between 80 mln and 120 million mln euros .Consequently, CropEnergies should be completely debt-free for first time in company history.
MagneGas Corp : MagneGas appoints Scott Mahoney as chief financial officer and secretary . MagneGas Corp - Luisa Ingargiola, company's current CFO, will remain on board of directors .MagneGas corp - prior to joining MagneGas Mahoney served as chief financial officer of Phoenix Group Metals.