R3Fusion Names Mark Beemer as President of Ethanol
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He will oversee the contract negotiations, manufacturing partnerships, installation arrangements and operational start-up of R3Fusion’s patented SPaCeR™ products throughout the North American ethanol industry. In addition, he will assist management in identifying and penetrating other applications for the company’s unique water separation and purification technology.
With over two decades of senior management experience, Beemer brings a unique set of skills to R3Fusion including an extensive understanding of the ethanol industry with both plant operations and commodity risk management background, combined with strategic planning and execution established organizations as well as development stage companies. For the past six years, Beemer has focused on biofuels, most recently serving as Chief Commercial Officer for Osage Bio Products in Richmond, Virginia. He was also a Board member at Hawkeye Renewables, LLC a 220 million gallon ethanol company sold to Koch Industries in March, 2011. Over the last six years he has consulted to over thirty private equity firms on ethanol and to many biofuel plants in the USA, Canada, and Hungary.
Keith Blakely, CEO of R3 Fusion, commented: “We are delighted to have Mark join the team. His track record and reputation in the ethanol industry is outstanding and will provide our customers with the highest level of confidence in the deployment of this important new technology. The economic benefit generated by our SPaCeR™ technology to ethanol producers is significant and we are already seeing tremendous interest for the systems on a global scale.”
According to Beemer, “R3Fusion’s proprietary water and ethanol separation technology will be a tremendous efficiency step-up for the ethanol industry. In the past year, it has been demonstrated at scale and will now allow the ethanol industry to obtain a higher operating metric of ethanol production out of a bushel or corn or other feed stocks. R3 Fusion’s business model makes this even more interesting by permitting producers to implement the full benefits of the technology without any financial risk.”
Beemer holds a BS in Agricultural Economics from Purdue University. His career began in 1988 with Louis Dreyfus Corporation before joining Archer Daniels Midland 1993. At ADM he was Assistant Vice President of Transportation and Vice-President of ADM Farmland. He joined Penford Products Company in 2005 as Vice President of Commodities and Commodity Products, and later founded Alternative Energy Sources, Inc.
