The numbers will likely be released this Tuesday evening April, 30th.
What's good for GPRE is good for GERS...
GPRE has now stated some plants are doing .90 pounds of oil per bushel.
GERS' #1 largest customer just got a grant of $6.4M to fund a project that will demonstrate technologies to cost-effectively convert biomass into biofuel.
They're also talking about testing oil extraction technologies on their algae.
OMAHA, Neb., April 23, 2013 (GLOBE NEWSWIRE) -- Green Plains Renewable Energy, Inc. (GPRE) will hold a conference call to discuss its first quarter 2013 financial results on Wednesday, May 1, 2013 at 11:00 a.m. ET. Green Plains' participants will include Todd Becker, President and Chief Executive Officer, Jerry Peters, Chief Financial Officer, and Jeff Briggs, Chief Operating Officer. Following their presentation, participants will be available for a brief question and answer session.
Green Plains First Quarter 2013 Financial Results Conference Call Wednesday, May 1, 2013 at 11:00 a.m. ET / 10:00 a.m. CT
BioProcess Algae Awarded $6.4 Million U.S. Department of Energy Grant to Develop Advanced Drop-in Biofuels for Military Jets and Ships
OMAHA, Neb., April 22, 2013 (GLOBE NEWSWIRE) -- BioProcess Algae LLC has been selected to receive a grant of up to $6.4 million from the U.S. Department of Energy (DOE), as part of an innovative pilot-scale biorefinery project related to production of hydrocarbon fuels meeting military specification. The project will use renewable carbon dioxide, lignocellulosic sugars and waste heat through BioProcess Algae's Grower HarvesterTM technology platform, co-located with the Green Plains Renewable Energy, Inc. (Nasdaq:GPRE) ethanol plant in Shenandoah, Iowa.
"BioProcess Algae was the only algae platform chosen to be a part of this project by the DOE," said Todd Becker, President and CEO of Green Plains. "This project will link our commercial scale platform for growing and harvesting algal biomass with technology partners for conversion into advanced biofuels. While this is a project for the development of drop-in biofuels, we continue to focus our technology for growing and harvesting algae for feed, food or fuel."
"We believe our Grower Harvester platform will be vital in the development of this project with the DOE," added Tim Burns, President and CEO of BioProcess Algae. "For this project, we will integrate low-cost autotrophic algal production, accelerated lipid production, and lipid conversion in an effort to develop a cost-effective advanced biofuel for military needs. This development is consistent with our current plans to build the next phase of Grower Harvester reactors in Shenandoah."
The project will demonstrate technologies to cost-effectively convert biomass into advanced drop-in biofuels and the recipient is required to contribute a minimum of 50% matching funds for the project.
New Offerings Now Available To Ethanol Producers...
I would love to see our #1 and #2 largest customers, GPRE and ANDE adopt these new upgrades. GPRE has language in their CC that speaks of high value protein products.
These technologies were not available in previous 10K's or Q's.
Distillers Dried Solubles Refines defatted syrup into new high value co-product Commercially Available
Protein Recovery Fractionates DDG into high and low protein products Commercially Available
Technology Function Status Method I Corn Oil Extraction Extraction of corn oil from distillers grain – thin stillage Commercially Available
Method II Corn Oil Extraction Extraction of corn oil from distillers grain – whole stillage Commercially Available
Integral Refining Integrated refining upgrade for corn oil extraction systems Commercially Available
Distillers Dried Solubles Refines defatted syrup into new high value co-product Commercially Available
Protein Recovery Fractionates DDG into high and low protein products Commercially Available
Cellulosic Oil™ Oleaginous microbes convert biomass into lipids and protein Bench Stage
Energy & Water Recovery Energy recovery and water removal during evaporation Bench Stage
"PLEASE TAKE NOTICE that Plaintiff, GS CleanTech Corporation, by its undersigned counsel, and Defendant, Center Ethanol Company, LLC, by its undersigned counsel, pursuant to Rule 41(a)(1)(A)(ii) of the Federal Rules of Civil Procedure, hereby dismiss with prejudice all claims asserted by and between GS CleanTech Corporation and Center Ethanol Company, LLC, with each party bearing its own costs and attorney's fees. "
NEW YORK--(BUSINESS WIRE)--GreenShift Corporation announced today that GreenShift and its wholly-owned subsidiary, GS CleanTech Corporation, have settled its patent infringement lawsuit with Center Ethanol, LLC and entered into a license agreement for use of GreenShift's patented corn oil extraction process.
“We have been working with GreenShift for a very short time, but thus far we are impressed with their professionalism and knowledge of their corn oil extraction process” . “We are pleased to have the opportunity to partner with Center Ethanol as we work together to maximize the benefits corn oil extraction," said David Winsness, Chief Technology Officer of GreenShift.
“We have been working with GreenShift for a very short time, but thus far we are impressed with their professionalism and knowledge of their corn oil extraction process,” added Barry Frazier, President of Center Ethanol.
GreenShift’s technical services staff are available at 888-ETHANOIL or sales@greenshift.com to respond to quotation requests and to answer any questions about GreenShift’s patented corn oil extraction and other technologies
A court ruling has been announced in favor of GreenShift on its ongoing patent battle against several ethanol producers and other entities for infringement of GreenShift’s corn oil extraction processes. Defendants in the litigation argued that GreenShift’s patents are limited to the recovery of at least 95% of the oil present in the concentrated thin stillage feed stream and that there are no infringement occurring because they are recovering less than 95% of the oil. A court ruling has issued a Supplemental Claim Construction Order clarifying the patents do not require recovery of any particular percentage of oil present in the stream.
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