Friday, October 19, 2018 2:10:25 PM
This is something GERS has been pushing for years. If the ethanol industry would've focused on innovating, instead of stealing GERS patented technology, co-located biodiesel systems would be paid for by now. Instead, many ethanol producers are losing money after blowing millions on a lawsuit they'll ultimately lose anyway. Biodiesel & big oil companies clearly benefitted from the valuable corn oil ethanol producers passed on to them.
Industry wide thievery has led to mounting losses, alienating investors, and stock prices a fraction of what they could be. I personally know investors that dumped all of their shares in patent infringing PEIX and AMTX as a result of this litigation. What a big mistake the industry made.
Congratulations to Calgren!
"Calgren produces about 2.5 million pounds of distillers corn oil (DCO) at its 58 MMgy plant, about half of what the biodiesel plant now under construction will consume, says Lyle Schlyer, president. Renewable Process Solutions’ supercritical technology is expected to produce a biodiesel with a carbon intensity (CI) score in the low 20s, earning attractive carbon credits. Construction on the plant is set to be completed in December."
http://ethanolproducer.com/articles/15657/innovations-in-biomass-based-diesel
Good Luck To All!$!$
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