Stuart Rose

Executive Chairman & Head of Corporate Development, REX AMERICAN RESOURCES CORP

Search every verified Stuart Rose interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Stuart Rose, chairman of REX American Resources, discussed the company's operations and expansion plans in an interview at the 23rd annual energy infrastructure conference in Aventura, Florida. He described the company's two main business areas: ethanol production and developing carbon capture. Rose said the company is seeking to begin carbon capture operations through a planned facility in Illinois, which would pipe carbon from an ethanol plant into underground storage. He stated that the project is awaiting permits, including an EPA permit and an Illinois pipeline permit, and expressed hope it could open next year. Rose attributed the company's recent earnings to its plant locations, the quality of its workforce, and its CEO's trading expertise. He mentioned plans to expand one of its plants by about a third to increase capacity. He also noted that REX American is currently receiving 45Z tax credits for lowering its carbon footprint and said the company is always looking for acquisitions. Rose described Illinois as having favorable geology for carbon sequestration and indicated the company could potentially capture and store carbon for other parties in the future.