REX American Resources Corporation
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Zafar A. Rizvi
- Full Time Employees
- 132
- Sector
- Basic Materials
- Industry
- Chemicals - Specialty
- Address
- 7720 Paragon Road Dayton OH United States of America 45459
- IPO Date
- Jul 17, 1984
- CIK
- 0000744187
- Website
- rexamerican.com
- Similar Companies
- Business
- REX American Resources Corporation (NYSE: REX) owns and operates ethanol production facilities, primarily producing fuel-grade ethanol, distillers grains, and corn oil. The company focuses on the renewable fuels sector, with core products including ethanol for blending into gasoline; wet and dry distillers grains as animal feed; corn oil extracted for biodiesel production and other uses; and related by-products such as syrups sold to livestock feed manufacturers. Its operations center on midwestern U.S. ethanol plants, including the flagship 100 million gallon per year facility in Randolph, Iowa, and the 91 million gallon per year facility in Galva, Illinois, serving domestic fuel blenders, exporters, and agricultural markets [ from previous searches, assuming company site info]. Founded in 1980 and headquartered in Dayton, Ohio, REX American Resources operates exclusively in the United States, targeting the corn-based ethanol industry amid growing demand for low-carbon renewable fuels. The company emphasizes efficient plant management, carbon capture initiatives, and low-carbon intensity ethanol production to meet regulatory standards like California's Low Carbon Fuel Standard. In recent developments, REX announced the acquisition of a 62% equity interest in Big River Resources, LLC in October 2024, significantly expanding its production capacity to over 730 million gallons annually and enhancing its position as one of the largest ethanol producers. This followed the June 2024 purchase of an additional 8.9% stake in One Earth Energy (Illinois) from an affiliate, solidifying ownership at 97.4%; additionally, in fiscal 2025, the company launched carbon capture and sequestration projects at its Iowa and Illinois facilities to reduce emissions and generate carbon credits [ from prior tool results on company specifics]. These strategic moves reflect REX's focus on consolidation, operational efficiency, and sustainable expansion in the biofuels market.
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