Zafar Rizvi

Chief Executive Officer, President & Director, REX AMERICAN RESOURCES CORP

Search every verified Zafar Rizvi interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. During the company's first-quarter 2025 earnings call, REX American Resources CEO Zafar Rizvi discussed operational results and strategic priorities, including ethanol expansion and carbon capture and sequestration projects. Rizvi noted that the company is focusing on factors within its control and funding organic growth through its balance sheet. He attributed the company's performance to its team and daily market monitoring practices, stating, "I think the big difference is our people. We have a team. We communicate well. We exactly know what happening day to day." He also addressed policy developments, mentioning that federal incentives under 45Q and 45Z, with 45Z extended to 2031, are positive, and citing Illinois bill 1723 as favorable for the company's ethanol location given its proximity to an aquifer. Rizvi also commented on market conditions, observing that ethanol exports in March 2025 were up 23% year-over-year and cumulative U.S. ethanol exports through March were nearly 19% higher than the same period in 2024. He said the company is monitoring input costs such as natural gas and corn, which are major expenses, and expressed a positive outlook for 2025.