0001144204-12-052704.txt : 20120925 0001144204-12-052704.hdr.sgml : 20120925 20120924190614 ACCESSION NUMBER: 0001144204-12-052704 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20120924 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120925 DATE AS OF CHANGE: 20120924 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BioFuel Energy Corp. CENTRAL INDEX KEY: 0001373670 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] IRS NUMBER: 205952523 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33530 FILM NUMBER: 121107532 BUSINESS ADDRESS: STREET 1: 1801 BROADWAY, SUITE 1060 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 303-592-8110 MAIL ADDRESS: STREET 1: 1801 BROADWAY, SUITE 1060 CITY: DENVER STATE: CO ZIP: 80202 8-K 1 v324316_8k.htm FORM 8-K

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

 


 

FORM 8-K

 

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): September 24, 2012

 

BioFuel Energy Corp.

(Exact Name of Registrant as Specified in its Charter)

 

Delaware   001-33530   20-5952523
(State or Other Jurisdiction   (Commission File Number)   (IRS Employer
of Incorporation)       Identification Number)

 

1600 Broadway, Suite 2200

Denver, CO 80202

(Address of Principal Executive Offices) (Zip Code)

 

 

Registrant’s telephone number, including area code: (303) 640-6500

 

 

(Former Name or Former Address, if Changed Since Last Report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 
 

Item 8.01.      Other Events.

 

On September 24, 2012, BioFuel Energy Corp. issued a press release announcing that it had idled its Fairmont, Minnesota ethanol facility until further notice.. A copy of the press release is furnished (not filed) as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

Item 9.01.      Financial Statements and Exhibits

 

(d)      Exhibits

 

Exhibit No.   Description
     
99.1  

Press Release dated September 24, 2012.

 

     
     

 

 
 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

  BIOFUEL ENERGY CORP.
     
Date: September 24, 2012 By: /s/ Scott Pearce
  Name: Scott H. Pearce
  Title: President and CEO

 

 
 

Exhibit Index

 

Exhibit No.   Description
     
99.1   Press Release dated September 24, 2012.
     
     

 

 

EX-99.1 2 v324316_ex99-1.htm PRESS RELEASE

 

NEWS RELEASE

 

BIOFUEL ENERGY IDLES MINNESOTA PLANT

 

DENVER, COLORADO – SEPTEMBER 24, 2012 – BIOFUEL ENERGY CORP. (NASDAQ:BIOF), an ethanol production company, announced today that it has decided to idle its Fairmont, Minnesota ethanol facility until further notice. The plant ceased ethanol production as of the end of last week. The Company reported that its second plant in Wood River, Nebraska continues to operate.

 

“Commodity margins have continued to weaken as the impact of the drought in the Corn Belt continues and ethanol remains in surplus,” said Scott H. Pearce, the Company’s President and Chief Executive Officer. “As a result, our current expectations are that the Fairmont plant will remain idle until we are able to secure local corn at price levels that support better margins. In the meantime, we will not be making any changes to our current operations team so that we can continue to operate the grain elevator and are in a position to re-start the ethanol plant on short notice.”

 

This release contains certain forward-looking statements within the meaning of the Federal securities laws. Such statements are based on management’s current expectations, estimates and projections, which are subject to a wide range of uncertainties and business risks. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of whether, or the times by which, our performance or results may be achieved. Factors that could cause actual results to differ from those anticipated are discussed in our Exchange Act filings and our Annual Report on Form 10-K.

 

BioFuel Energy currently has two 110 million gallons per year ethanol plants in the Midwestern corn belt. The Company’s goal is to become a leading ethanol producer in the United States by acquiring, developing, owning and operating ethanol production facilities.

 

###

 

 

Contact: Kelly G. Maguire For More Information:
  Executive Vice President & www.bfenergy.com
  Chief Financial Officer  
  (303) 640-6500  
  kmaguire@bfenergy.com  

 

 

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