RiceBran Technologies Completes Debottlenecking Projects at Golden Ridge Rice Mills
RICEBRAN TECHS (RIBT)
Last ricebran techs earnings: 8/10 04:00 pm
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US:NASDAQ Investor Relations:
ricebrantech.com/investor-relations
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Source: PR Newswire
THE WOODLANDS, Texas, Oct. 3, 2019 /PRNewswire/ -- RiceBran Technologies (NASDAQ: RIBT), a global leader in the production and marketing of value-added products derived from rice bran, and a producer of rice, rice co-product, and barley and oat products, announced today that the Company has reached a significant milestone in debottlenecking its Golden Ridge Rice Mills operation in Arkansas ("Golden Ridge").In late September, the Company completed the installation of certain new processing, milling, and grading equipment designed to achieve a significant increase milling volume per hour while producing a higher yield of more valuable milled products. This is expected to result in a substantial increase in revenue, better absorption of fixed costs, and higher margins. The Company also expects to achieve further improvement in milling capacity with the installation of two additional pieces of production equipment slated for October."We are pleased with the progress made since we reinitia
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News
- RiceBran Technologies (NASDAQ: RIBT) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- RiceBran Technologies (NASDAQ: RIBT) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- RiceBran Technologies (NASDAQ: RIBT) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- RiceBran Technologies (NASDAQ: RIBT) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- RiceBran Technologies (NASDAQ: RIBT) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
RIBT
Sec Filings
- 11/19/24 - Form 8-K
- 11/6/24 - Form 8-K
- 10/15/24 - Form 8-K
- RIBT's page on the SEC website