REX American Resources Corporation is a leading producer of ethanol in the United States, owning majority stakes in two ethanol production plants with a combined capacity of 300 million gallons per year. They are also a minority owner of four additional ethanol production plants. In addition to ethanol, REX produces and sells three co-products: dried distillers grains with solubles (DDGS), modified distillers grains with solubles (MDGS), and distillers corn oil. Their goal is to make a positive impact on the environment, support American agriculture, and reduce greenhouse gas emissions through their work.
Furthermore, REX is actively pursuing carbon sequestration and has made significant progress on a carbon sequestration exploratory project near their One Earth Energy plant. They are working with the Illinois State Geological Survey to determine the feasibility of carbon sequestration and have drilled a test well to assess the region's carbon-storage potential. If successful, this project would help REX reduce CO2 emissions and become a near-carbon neutral operation, while also creating positive economic impact and job growth.
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