Greenshift Corporation (GERS)

[Slashnuts]

Marquis Energy Acquires WI Ethanol Producer!
Here comes another licensed COES plant in Wisconsin!

Posted Dec. 13, 2010

Marquis Holdings LLC has invested in an ethanol plant located in Necedah, Wis. On Jan. 1 Castle Rock Renewable Fuels LLC will change its name to Marquis Energy - Wisconsin LLC.

The investment deal was made along with a limited number of shareholders, said Mark Marquis, president of Marquis Holdings and Marquis Energy LLC, adding that the company now has a “significant stake” in the plant. Financial details of the equity, management and marketing deal were not released. The company took over operation of the plant in July. The Marquis Management division provides ethanol marketing and Marquis Grain Inc. procures corn for the plant and markets the distillers grains.

Several production enhancements have been made to increase the run rate, conversion rate of corn to ethanol and reduce energy consumption. Overall, the plant’s ethanol output increased by 12 percent and resulted in “significant” profit gains. “There are more (operational changes) we will implement over time,” he told EPM.

Although Marquis declined to name the production enhancements he did say the plant had gone from a capacity of 50 MMgy to 60 MMgy. “It required some permitting changes and it required some mechanical changes,” he said.

Marquis Holdings founded and developed Marquis Energy LLC, a 125 MMgy ethanol plant at Hennepin, Ill. Many of the production efficiencies that contributed to the success of that plant will be implemented at the plant in Wisconsin, the company said.

Marquis Holdings will continue to look for opportunities to expand its management group and invest in ethanol plants. “Our family’s additional commitments to the ethanol sector indicate our belief that this high-performing, clean, and renewable fuel will be here to benefit American agriculture, American jobs and American motorists far into the future,” Marquis said.

http://www.ethanolproducer.com/article.jsp?article_id=7189

"NEW YORK–(BUSINESS WIRE)–GreenShift Corporation (OTC Bulletin Board: GERS - News) today announced its execution of an agreement with Marquis Energy, LLC (“Marquis Energy”), pursuant to which GreenShift has granted Marquis Energy a license to use GreenShift’s patented corn oil extraction technologies at Marquis Energy’s 100 million gallon ethanol plant in Hennepin, Illinois.

Under the terms of the agreement, Marquis Energy will operate its existing facility based on GreenShift’s patented corn oil extraction technologies. In addition, GreenShift will provide Marquis Energy with technical support, yield optimization and corn oil marketing services with a view towards maximizing the performance and benefits of Marquis Energy’s existing corn oil extraction installation.

Mark Marquis, President and General Manager of Marquis Energy, stated that: “We are confident that the license with GreenShift is a win-win for both companies. The financial structure provides natural incentives for both Marquis Energy and GreenShift as we each gain from increased performance, yield and product value. GreenShift invented and patented its corn oil extraction processes, and the superior process knowledge and technical expertise of GreenShift’s team is clear. In only a few weeks, GreenShift was able to review our currently installed equipment and implement a technical plan that included a series of adjustments to systematically improve the reliability and production of our existing extraction system. Current results indicate that GreenShift has more than doubled our oil yields. We believe that we will make more money with GreenShift than without.”

David Winsness, GreenShift’s Chief Technology Officer, added: “We could not be more pleased to earn Marquis’ business and we are committed to deliver the level of excellence and value that Marquis expects.“


http://www.marquisenergy.com/2010/04/marquis-energy-licenses-greenshift-technology/