Southwest Iowa Renewable Energy, LLC Appoints Kevin Ross to the Board
February 03, 2021 at 12:19 am IST
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On January 29, 2021, Kevin Ross was appointed to the Board of Directors of Southwest Iowa Renewable Energy, LLC. Following the resignation of Hubert M. Houser from the Board in December 2020, the Board’s Nominating Committee invited the Company’s unit holders to suggest persons to fill Mr. Houser’s Board vacancy for the remainder of his term, which ran through the 2022 annual meeting of the Company. Following the recommendation of the Nominating Committee, on January 29, 2021 the Board appointed Kevin Ross to the Board vacancy to serve through the 2022 annual meeting of the Company. Mr. Ross’s assignments to the Company’s Board committees have not yet been determined.
Southwest Iowa Renewable Energy, LLC is engaged in the production of ethanol. The Company sells its ethanol, distillers grains, corn condensed distillers soluble, distillers corn oil and carbon dioxide (CO2) in the continental United States, Mexico and the Pacific Rim. Its production facility (the Facility) is located in Pottawattamie County in southwestern Iowa, south of Council Bluffs. The principal purchasers of ethanol are wholesale gasoline marketers or blenders. The Company produces approximately 123.3 million and 127.0 million gallons of ethanol. It produces two forms of distillers grains, namely wet distillers grains with solubles (WDGS) and dried distillers grains with solubles (DDGS). The Company's system separates corn oil from the post-fermentation syrup stream as it leaves the evaporators of the ethanol plant. The corn oil is then routed to storage tanks, and the remaining concentrated syrup is routed to the plantâs syrup tank.