GSEG - GS AgriFuels' NextGen Fuel Division to Exhibit at National Biodiesel Conference & Expo 2007 Business Wire "US Press Releases "
NEW YORK --(BUSINESS WIRE)--
GS AgriFuels Corporation (OTC Bulletin Board: GSGF) today announced that its NextGen Fuel division will showcase its proprietary biodiesel technology at the National Biodiesel Conference & Expo 2007, which will be held at the Henry B. Gonzalez Convention Center in San Antonio, Texas , from February 4, 2007 to February 7, 2007 .
NextGen's Biodiesel Process Technology
NextGen's biodiesel process technology utilizes innovative and proprietary process intensification techniques to accelerate and enhance traditional biodiesel reaction kinetics, thus decreasing process time, reducing energy and raw material needs, and increasing product quality. These benefits translate to reduced up-front capital and ongoing operating costs by as mush as 50% versus traditional technologies. Additionally, NextGen's systems can be manufactured and shipped to customers in as quickly as 12-18 weeks from the time of order. NextGen currently offers turn-key biodiesel production plants rated for 5 million gallons per year and 10 million gallons per year, but the modular and continuous-flow aspects of the technology make scaling plants up or down easy and cost-effective.
The Benefits of Process Intensification
Process Intensification has several compelling implications for developers and operators of biodiesel production facilities:
-- Reduced equipment and related infrastructure needs - reacting
the fats and oils as they move through the system versus at
several stops along the away simply reduces the amount of
tanks, pumps, controls, pipes, utilities, and square feet of
floor space required to produce biodiesel.
-- Reduced processing time - intensifying the chemical reactions
involved in biodiesel production accelerates reaction rates.
Increased reaction rates correspond to less time required to
complete the process, less equipment to manage raw materials
as reactions are completed, and overall less labor and other
operating and maintenance expenses.
-- Greater native feedstock tolerances - standard biodiesel
processing will require feedstocks to comply with a range of
relevant material specifications - the chemical reactions
involved in a conventional process will not produce the
desired product quality if feedstocks are out of
specification. Intensifying the relevant chemical reactions
increases the tolerance of the process to a wider array of
feedstocks and enables more liberal material specification
requirements.
These benefits translate to reduced capital and operating expenses and a broader feedstock market for the client - and equate to reduced financial, operational and market risk for the client and its stakeholders.
The Benefits of Modularity
The modularity of the NextGen technology presents the following additional benefits:
-- Multiple process lines - Most standard technologies,
regardless of size, are designed to process a specific
feedstock at any given time. The modular aspect of the NextGen
systems allows operators to dedicate process lines to specific
feedstocks or blends of feedstocks (for example, the first 10
million gallon line would process fat based feeds while the
second processes oil based feeds).
-- Uptime during maintenance - When a standard processing
facility needs to be shut-down for maintenance or has a
process upset, the operator's whole business stops. Modularity
enables operators to keep their business operating as lines
are iteratively shut-down for maintenance or the like.
-- Standardization of design and permitting - Standardization
with a modular process technology also has compelling
regulatory permitting and other operating benefits.
-- Rapid delivery and site development cycles - Finally,
modularity and reduced equipment and infrastructure needs also
translate to rapid delivery cycles (12-18 weeks) and quicker
site development (6-9 months) as compared to conventional
technologies (18-24 months).
NextGen Biodiesel Production Technology Specifications
Equipment Continuous skid-mounted chemical process plant
with system capacities of 5MMGY or 10MMGY for a
single production unit. Includes feed,
preparation, reaction, separation, alcohol
recovery and product clean-up. Multiple reactors
can run in parallel to meet desired total
capacity.
Process Continuous base catalyst reaction using
proprietary process intensification and advanced
separation technologies.
Throughput 8 to 12 gallons per minute of biodiesel for the
5MMGY design.
Feedstock Virgin vegetable oils and rendered fats and
oils. Higher than typical yield for high FFA
concentrations; systems can natively handle up
to 8% FFA. Higher FFA concentrations will
require optional esterification system.
Catalyst Sodium or potassium hydroxide, sodium methoxide.
Alcohol Methanol or ethanol.
Scalability Modular skid-based approach allows high-degree
of flexibility and scalability.
Output ASTM D 6751 and European EN 14212 spec-grade
biodiesel.
Co-product Crude glycerin as high as 90% refined.
Operational Controls Process requires minimum operator intervention
and can be fully automated with the use of
closed loop PID control systems, including real
time product analysis and control system.
Water Stream Configurations available for zero water
discharge; utilizes minimal water for open or
closed loop cooling.
Safety Design Pressure and construction certification
provided; Class 1, Div II electrical
classification; Class 1, Div I option is
available.
Footprint Entire process fits with 40' x 20' area for each
5MMGY system; 50' x 20' area for each 10MMGY
system.
Warranty 1 year on equipment and workmanship,
manufacturer's warranty carried on all parts.
Manufacturing Manufacturing time from order is approximately
12 to 18 weeks f.o.b. NextGen's manufacturing
facility.
About GS AgriFuels Corporation
GS AgriFuels was founded to produce and sell clean fuels from agriproducts in innovative ways. GS AgriFuels' business model is based on the manufacturing and sales of proprietary biodiesel equipment and the use of new technologies to produce biodiesel and ethanol from non-traditional feedstocks such as corn oil and cellulosic biomass through the utilization of several new proprietary technologies, including innovative desiccation, process intensification, gasification, catalytic, and carbon capture technologies, synergistically at small-scales to enable the refining of many forms of biomass into clean fuels at Integrated Multi-Fuel ("IMF") production facilities. Additional information on GS AgriFuels is available online at www.gs-agrifuels.com.
GS AgriFuels is majority owned by GreenShift Corporation (OTC Bulletin Board: GSHF), a company devoted to facilitating the efficient use of natural resources.
GS AgriFuels is party to a merger agreement with, GS Energy Corporation (OTC Bulletin Board: GSEG), another majority held GreenShift company, pursuant to which holders of GS Energy common stock will receive 1 share of GS AgriFuels common stock for each 1,000 shares owned in GS Energy.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of GS AgriFuels Corporation , and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Source: GS AgriFuels Corporation
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