Tuesday, June 19, 2012 9:14:51 AM
to have its method II oil recovery system operational by years end.
This technology, which GreenShift refers to as COES II (corn oil extraction
system, method II), is capable of recovering more than 1.33 pounds of corn oil
per bushel of corn.
GreenShift invented and patented the backend corn oil extraction process
currently used in the industry. The successful commercialization of COES II is
expected to widen the gap between GreenShift and its competitors. While many of
GreenShift's installations are currently recovering more than 0.8 pounds per
bushel, the desire for additional recovery grows each day.
David Winsness, GreenShift's Chief Technology Officer, said, "We recently
attended the Fuel Ethanol Workshop in Minneapolis, MN and are pleased to report
that Backend Corn Oil Extraction remains the fastest path to increased revenue
per bushel of corn. The COES I technology has demonstrated its ability to
increase the revenue at an ethanol production facility by more than 20 cents per
bushel of corn and COES II is expected to further increase this value to more
than 40 cents per bushel. These values are significant and provide a substantial
competitive advantage to GreenShift licensees.
GreenShift Corp. develops and commercializes clean technologies designed to
address the financial and environmental needs of GreenShift's clients by
decreasing raw material needs, facilitating co-product reuse, and reducing the
generation of wastes and emissions.
More Information:
http://www.greenshift.com
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