Profile: BioFuel Energy Corp. (BIOF.O)

BioFuel Energy Corp., incorporated on April 11, 2006, is engaged in the manufacture and sale of ethanol and its co-products (primarily distillers grain), through its two ethanol production facilities located in Wood River, Nebraska, and Fairmont, Minnesota. The Company's ethanol plants are owned and operated by the operating subsidiaries of BioFuel Energy, LLC (the LLC).

The Company produces ethanol at both its plants, each having a nameplate capacity, based on the maximum amount of permitted denaturant, of 115 million gallons per year (Mmgy). The Company’s primary source of revenue is the sale of ethanol. It also receives revenue from the sale of distillers grain, which is a residual co-product of the processed corn and is sold as animal feed.

The Company competes with Archer Daniels Midland Company, Poet and VeraSun Energy Corporation.