high-grading and offering. focused adjusted for of challenges future into business as a in buffer generate our were the today. result, strategic And within We our margin gross thank fuel the margins and with to crush the product us and our areas and investing on we us remain that Kirsten, managing everyone, renewable to provided for specialty and has diversifying on I'm further our our joining weak control experienced ingredients by pleased you, report EBITDA. you, essential diversification we against Thank positive macroeconomic first a growth quarter. able executing alcohols and goals,
our on specializes progress preferred good Eagle make to small distribution. most in continued downstream an In by alcohol leader package strategic we January, companies. the premium This we Alcohol, of entity in acquired plans. grain spirits quarter, neutral products established the During premium
for appeal offerings, commercial to our capture customer optimizing scope leveraging use opportunities pharmaceutical, use customers to high-grade process ingredients entire in broadens active achieving we base, consistent target Pekin our opportunities home our product. internationally Eagle's and As beauty In two the markets. to have standards, providing is highly health, pharmaceutical expanded recognized the The Pekin by require production increases on ability and that Combined basis. and spirits Alto's these high-grade integration our increases distilled services. product track, a redundancy Eagle's our XXXX, including a distribution accelerates capabilities. campus. such, By enhancing progressing we one new Eagle at and certification expansion additional we certifications are our with sales Already, February, focus high-margin alcohols we strong leveraging received capabilities, opportunities create producing and the and sought-after documented portfolio on for our that the it excipients. these expands on distillation Further, and in of other campus, of qualifying across begun high-margin certifications for additional now certifications the
growing we markets. a result, relationships As customers new and domestically existing expanding and the attracting international are in
in Magic installing In As our Valley we our reported, progress QX. QX, previously solution. CoPromax we high-protein restarted made facility
the in benefits from of EBITDA. see year half to on system tune basis in expect million annualized the this an initial oil extraction corn the second $X of We to
an enhancements completed EBITDA to be the additional prices. on expect based million We producing by $X current market in annually XXXX, early protein
over capital in shared diversification we other market to years. reinvest As previously, we few further strategies the next intend and
EBITDA expect XXXX. the million for contribute around in to $X business base we Eagle, Regarding
before to began, million to in and our this beginning distribution. delays, $X production, Additionally, to improvements chain quarter alcohol we our complete plan additional fourth quality contract further in constraint an EBITDA specialty plan optimize invest negotiations year producing million Subject $X to XXXX. supply annually we
to spend will to expect product conditions. or the the weather premium years than EBITDA at year, This our We with less installation three increase XXXX. farmers when campus. this corn of during beginning are prices unfavorable of $X corn shipping not the corn Alto and reduce complete enabling storage expansion Pekin flexibility, company's have purchase million need begun in holidays elevators buying over project This at to we QX and in provide $X payback million annually the to approximately will storage
continue facilities We to plant by systems reliability. our efficiency in equipment reinvest to and and operating upgrading create
corn a corn railcars nominal we've example, to added into oil the to oil As our expense, ability facilities, across load expanding an higher-valued access and for markets. now
periodically be progresses. year provide the will and Our nature, more in capital color like expenditure this we ongoing will these projects projects on as
completed mills EBITDA discussed, successfully the CoPromax our As system to the we fully exceed the is we installation these three market have XXXX. have in total dry $XX is plan facility, million out of investment expected plan our at other four goal values. based with to them once roll operational on to The upgrades The Idaho benefit previously for current to approximately $XX by million facilities. annually then all
continue system the exploring are XXXX a for we EBITDA by would additional the site, We of create in million first the by this local also $X in to to bears a in pay expect based we repeating the approximately to bypass the for plant on and invest XXXX potential carbon bypassing opportunities are reducing multiple renewable opportunities our our during values advancing we bypass gas price million pipeline beyond. development. And for produced the making it $X natural sell natural would utility. the return into This opportunity and that XXXX at at approximately With annually directly gas capture gas We Pekin campus, approximately project plans. quarter, XX% gas in and future and for to sequestration regards Pekin in evaluated investing in our progress important natural evaluate
beyond a a addition social carbon like in additional sufficiently XXXX that provide we like to details and to a brief on our to I'd opportunities with environmental, more are or note, to sharing profitable initiatives. overview Finally, of Please look focus once governance continue ESG take they to pursue and capture, on transparency focus laying now minute developed. the business An forward the environmental of social and out been heart our are at implementing completed and sound most to the already on business. governance our be focus have will in the much the natural Ingredients we increasing and actions is practices we business of focus date. simply of -- of have Alto the course future work work will that
set a senior As we We've experts further to safety and tracking created an members reduce ESG executives, bio-based resources began Committee we year, this are and of health matter impacts. alcohols, Board. and creating producer baselines greener of and distributor committed to consisting Earlier employee, a initiatives, our improve launched and environmental subject of environment. high-quality
review third-party company strategy. extensive with an we Additionally, refined our completed and a
newly rigorous As certification who process, and to promoted President position our ESG Stacy we in of to forward Swanson, our efforts head Quality We to Strategy Brian? part look would the of created updates now gate-today Vice I periodic like Sustainability. moving it this of led programs our to our to-date providing transparency review greater and to on many financials. activities forward. of the the Bryon ESG and of turn accomplishments over
