greenshift-gers.blogspot.com/2009/10/patent-7601858.html
greenshift-gers.blogspot.com/2009/10/...our-iowa-corn-oil.html
www.biofuelsdigest.com/blog2/2008/07/11/...-extraction-system/
www.reuters.com/article/pressRelease/...07-May-2009+BW20090507
GreenShift`s Corn Oil Extraction Technology Featured in U.S. EPA`s Proposed Changes to Renewable Fuel Standard
Thu May 7, 2009 9:08am EDT Email | Print | Share| Reprints | Single Page[-] Text [+]
Featured Broker sponsored link
NEW YORK--(Business Wire)--
GreenShift Corporation (OTC Bulletin Board: GERS) today announced that its
proprietary corn oil extraction technologies have been included in the analyses
completed by the U.S. Environmental Protection Agency ("EPA") on the
contribution of corn ethanol to the renewable fuels industry.
GreenShift`s corn oil extraction technologies make possible the production of
biodiesel from inedible corn oil, a previously untapped feedstock entrained in
the distillers` grain co-product of corn ethanol production. This increases the
yield of biofuel from corn by 7% while reducing the amount of fossil fuels used
in the corn ethanol production process by up to 10%.
On May 5, 2009, the EPA signed a notice of proposed rulemaking, Regulation of
Fuels and Fuel Additives: Changes to Renewable Fuel Standard Program (the "RFS2
Program"), which was supported by a Draft Regulatory Impact Analysis ("DRIA")
made available on the same date. These two documents were drafted to solicit
comments pertaining to proposed new rules to increase requirements to use
renewable fuels as an important part of the nation`s transportation fuel supply.
The EPA specifically refers to GreenShift`s corn oil extraction technologies in
the RFS2 notice and the DRIA:
* "The corn oil process on which we have chosen to focus for cost and volume
estimates in this proposal is one that extracts oil from the thin stillage after
fermentation (the non-ethanol liquid material that typically becomes part of
distillers` grains with solubles). We believe installation of this type of
equipment will be attractive to industry because it can be added onto an
existing dry mill plant and does not impact ethanol yieldssince it does not
process the corn prior to fermentation."
* "According to economic analyses done by USDA based on the GS CleanTech
[GreenShift`s wholly-owned cleantech development subsidiary] corn oil extraction
process, the capital cost to install the system for a 50 [million gallon per
year] ethanol plant is approximately $6 million."
* "In an adjustment to the traditional dry mill ethanol process, corn oil is
removed after the ethanol distillation process from the syrup using centrifuges.
With this adjustment a 100 [million gallon per year] plant can produce an
additional 7 million gallons of corn oil (biodiesel) and thus increase [an
ethanol] plant`s fuel production by 7%."
* "Depending on the configuration, such a system can extract 20-50% of the oil
from the co-product streams, and produces a distressed corn oil (non-food-grade,
with some free fatty acids and/or oxidation by-products) product stream which
can be used as feedstock by biodiesel facilities."
* "In addition to generating an additional revenue stream from the fuel-grade
corn oil, reducing the oil content of the [distillers` grain] improves its
flowability and concentrates its protein content. The de-fatted [distillers`
grain] is more marketable than [distillers` grain] containing corn oil as higher
quantities can be included in dairy and beef cattle feed."
* "Furthermore, the deoiled [distillers` grain] is believed to be of higher
value as a feed particularly for cattle operations and have lower energy
requirements and VOC emissions during the [distillers` grain] drying process. GS
CleanTech Corp. is currently implementing the process in 4 ethanol plants."
* "Since it offers another stream of revenue, we believe it is reasonable to
expect about 40% of projected total ethanol production to implement some type of
oil extraction process by 2022 generating approximately 150 million gallons per
year of corn oil biofuel feedstock."
As an update to the EPA analysis, GreenShift now has five operating corn oil
extraction facilities. In addition, GreenShift has proven that it can extract
upwards of 6.5 gallons of previously unrecovered inedible crude corn oil from
the distillers grain co-product of corn ethanol production for every 100 gallons
of ethanol produced. This translates to a total market opportunity of 680
million gallons per year of inedible feedstock for conversion into advanced
biofuel with the U.S. corn ethanol complex producing 10.5 billion gallons per
year. 40% of the total market opened up by GreenShift`s extraction technologies
is about 270 million gallons per year. GreenShift has about 6% of this market
today with its existing agreements to extract 40 million gallons per year of
corn oil for refining into biodiesel or renewable diesel.
"GreenShift pioneered corn oil extraction technology," said David Winsness,
GreenShift`s Chief Technology Officer. "We have refined its value proposition to
the corn ethanol industry with a substantial investment and a great deal of hard
work. Our ambition is to build value for our shareholders by making a material
positive contribution to U.S. renewable fuel production with our technologies.
We are thankful and proud that the EPA has recognized the favorable contribution
of corn oil extraction technology on corn ethanol production efficiencies and
sustainability. We look forward to delivering the many benefits of corn oil
extraction to our current and future ethanol clients."
GreenShift recently received Notices of Allowance from the U.S. Patent and
Trademark Office for the first two of GreenShift`s corn oil extraction patent
applications.
GreenShift`s technical services staff is available at 888-ETHANOIL or
sales@greenshift.com to respond to quotation requests and to answer any
questions about GreenShift`s corn oil extraction and other technologies.
About GreenShift Corporation
GreenShift Corporation (OTC Bulletin Board: GERS) develops and commercializes
clean technologies that facilitate the efficient use of natural resources.
GreenShift`s revenue model is based on the use of its proprietary technologies
to become a leading producer of biomass-derived products, and to do so at
reduced cost and risk by extracting and refining raw materials that other
producers cannot access or process. Additional information is available online
at www.greenshift.com.
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 GreenShift Corporation and members of its 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.
GreenShift Corporation
212-994-5374
Fax: 646-572-6336
investorrelations@greenshift.com
www.greenshift.com
Copyright Business Wire 2009
www.ad-hoc-news.de/...il--/de/Unternehmensnachrichten/20604546
Corporation - GreenShift Awarded Patent for Corn Oil Extraction
14.10.09 | 17:45 Uhr
Wissenschaft Forschung Solaranla... GreenShift Corporation (OTC Bulletin Board: GERS) announced today that the U.S Patent and Trademark Office has issued U.S Patent No.
GreenShift Corporation (OTC Bulletin Board: GERS) announced today that the U.S. Patent and Trademark Office has issued U.S. Patent No. 7,601,858, titled "Method of Processing Ethanol Byproducts and Related Subsystems? (the ?858 Patent) for the extraction of corn oil to GS CleanTech Corporation, a wholly-owned subsidiary of GreenShift.
GreenShift?s patented and patent-pending corn oil extraction technologies enable GreenShift and its licensees to ?drill? into the back-end of first generation corn ethanol plants to tap into a new reserve of inedible crude corn oil with an estimated industry-wide output of about 20 million barrels per year. This corn oil is a valuable second generation feedstock for use in the production of biodiesel and renewable diesel ? advanced carbon-neutral liquid fuels, thereby enhancing total fuel production from corn and increasing ethanol plant profits.
?The issuance of the ?858 Patent is a significant milestone for GreenShift and its stakeholders,? said Kevin Kreisler, GreenShift?s chairman and chief executive officer. ?GreenShift has a substantial investment in the development of these important and timely new technologies. We look forward with great anticipation to working with the ethanol industry to press the evolution of corn ethanol forward into enhanced sustainability.?
The ?858 Patent covers processes for recovering corn oil by evaporating, concentrating and mechanically processing thin stillage, a precursor to the distillers grain co-product of corn ethanol production (?DDGS?). Historically, ethanol production facilities have sold DDGS for animal feed, with all of the oil trapped inside. An estimated 3.4 million tons of corn oil passed unrecovered through the U.S. ethanol industry during 2008 alone.
GreenShift?s portfolio of patented and patent-pending extraction technologies can cost-effectively extract most of this corn oil, thereby increasing biofuel yields per bushel of corn by 7% while reducing the energy consumption and greenhouse gas (?GHG?) intensity of corn ethanol production by an estimated 21% and 29%, respectively.
David Winsness, GreenShift?s chief technology officer and co-inventor of GreenShift?s extraction technologies, added that: ?There are no other technologies that have been developed for corn ethanol producers that begin to approach even a fraction of these results in the entire history of the ethanol industry. While this patent establishes our dominant ownership and technology leadership in corn oil extraction, we have many more patent applications pending that strengthen GreenShift?s position as a leading technology partner in the ethanol industry.?
GreenShift?s technical services staff is available at 888-ETHANOIL or sales@greenshift.com to respond to quotation requests and to answer any questions about GreenShift?s corn oil extraction and other technologies.
About GreenShift Corporation
GreenShift Corporation (OTC Bulletin Board: GERS) develops and commercializes clean technologies that facilitate the efficient use of natural resources. GreenShift?s revenue model is based on the use of its proprietary technologies to become a leading producer of biomass-derived products, and to do so at reduced cost and risk by extracting and refining raw materials that other producers cannot access or process. Additional information is available online at www.greenshift.com.
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 GreenShift Corporation and members of its 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.
greenshift-gers.blogspot.com/2009/10/...our-iowa-corn-oil.html
www.biofuelsdigest.com/blog2/2008/07/11/...-extraction-system/
www.reuters.com/article/pressRelease/...07-May-2009+BW20090507
GreenShift`s Corn Oil Extraction Technology Featured in U.S. EPA`s Proposed Changes to Renewable Fuel Standard
Thu May 7, 2009 9:08am EDT Email | Print | Share| Reprints | Single Page[-] Text [+]
Featured Broker sponsored link
NEW YORK--(Business Wire)--
GreenShift Corporation (OTC Bulletin Board: GERS) today announced that its
proprietary corn oil extraction technologies have been included in the analyses
completed by the U.S. Environmental Protection Agency ("EPA") on the
contribution of corn ethanol to the renewable fuels industry.
GreenShift`s corn oil extraction technologies make possible the production of
biodiesel from inedible corn oil, a previously untapped feedstock entrained in
the distillers` grain co-product of corn ethanol production. This increases the
yield of biofuel from corn by 7% while reducing the amount of fossil fuels used
in the corn ethanol production process by up to 10%.
On May 5, 2009, the EPA signed a notice of proposed rulemaking, Regulation of
Fuels and Fuel Additives: Changes to Renewable Fuel Standard Program (the "RFS2
Program"), which was supported by a Draft Regulatory Impact Analysis ("DRIA")
made available on the same date. These two documents were drafted to solicit
comments pertaining to proposed new rules to increase requirements to use
renewable fuels as an important part of the nation`s transportation fuel supply.
The EPA specifically refers to GreenShift`s corn oil extraction technologies in
the RFS2 notice and the DRIA:
* "The corn oil process on which we have chosen to focus for cost and volume
estimates in this proposal is one that extracts oil from the thin stillage after
fermentation (the non-ethanol liquid material that typically becomes part of
distillers` grains with solubles). We believe installation of this type of
equipment will be attractive to industry because it can be added onto an
existing dry mill plant and does not impact ethanol yieldssince it does not
process the corn prior to fermentation."
* "According to economic analyses done by USDA based on the GS CleanTech
[GreenShift`s wholly-owned cleantech development subsidiary] corn oil extraction
process, the capital cost to install the system for a 50 [million gallon per
year] ethanol plant is approximately $6 million."
* "In an adjustment to the traditional dry mill ethanol process, corn oil is
removed after the ethanol distillation process from the syrup using centrifuges.
With this adjustment a 100 [million gallon per year] plant can produce an
additional 7 million gallons of corn oil (biodiesel) and thus increase [an
ethanol] plant`s fuel production by 7%."
* "Depending on the configuration, such a system can extract 20-50% of the oil
from the co-product streams, and produces a distressed corn oil (non-food-grade,
with some free fatty acids and/or oxidation by-products) product stream which
can be used as feedstock by biodiesel facilities."
* "In addition to generating an additional revenue stream from the fuel-grade
corn oil, reducing the oil content of the [distillers` grain] improves its
flowability and concentrates its protein content. The de-fatted [distillers`
grain] is more marketable than [distillers` grain] containing corn oil as higher
quantities can be included in dairy and beef cattle feed."
* "Furthermore, the deoiled [distillers` grain] is believed to be of higher
value as a feed particularly for cattle operations and have lower energy
requirements and VOC emissions during the [distillers` grain] drying process. GS
CleanTech Corp. is currently implementing the process in 4 ethanol plants."
* "Since it offers another stream of revenue, we believe it is reasonable to
expect about 40% of projected total ethanol production to implement some type of
oil extraction process by 2022 generating approximately 150 million gallons per
year of corn oil biofuel feedstock."
As an update to the EPA analysis, GreenShift now has five operating corn oil
extraction facilities. In addition, GreenShift has proven that it can extract
upwards of 6.5 gallons of previously unrecovered inedible crude corn oil from
the distillers grain co-product of corn ethanol production for every 100 gallons
of ethanol produced. This translates to a total market opportunity of 680
million gallons per year of inedible feedstock for conversion into advanced
biofuel with the U.S. corn ethanol complex producing 10.5 billion gallons per
year. 40% of the total market opened up by GreenShift`s extraction technologies
is about 270 million gallons per year. GreenShift has about 6% of this market
today with its existing agreements to extract 40 million gallons per year of
corn oil for refining into biodiesel or renewable diesel.
"GreenShift pioneered corn oil extraction technology," said David Winsness,
GreenShift`s Chief Technology Officer. "We have refined its value proposition to
the corn ethanol industry with a substantial investment and a great deal of hard
work. Our ambition is to build value for our shareholders by making a material
positive contribution to U.S. renewable fuel production with our technologies.
We are thankful and proud that the EPA has recognized the favorable contribution
of corn oil extraction technology on corn ethanol production efficiencies and
sustainability. We look forward to delivering the many benefits of corn oil
extraction to our current and future ethanol clients."
GreenShift recently received Notices of Allowance from the U.S. Patent and
Trademark Office for the first two of GreenShift`s corn oil extraction patent
applications.
GreenShift`s technical services staff is available at 888-ETHANOIL or
sales@greenshift.com to respond to quotation requests and to answer any
questions about GreenShift`s corn oil extraction and other technologies.
About GreenShift Corporation
GreenShift Corporation (OTC Bulletin Board: GERS) develops and commercializes
clean technologies that facilitate the efficient use of natural resources.
GreenShift`s revenue model is based on the use of its proprietary technologies
to become a leading producer of biomass-derived products, and to do so at
reduced cost and risk by extracting and refining raw materials that other
producers cannot access or process. Additional information is available online
at www.greenshift.com.
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 GreenShift Corporation and members of its 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.
GreenShift Corporation
212-994-5374
Fax: 646-572-6336
investorrelations@greenshift.com
www.greenshift.com
Copyright Business Wire 2009
www.ad-hoc-news.de/...il--/de/Unternehmensnachrichten/20604546
Corporation - GreenShift Awarded Patent for Corn Oil Extraction
14.10.09 | 17:45 Uhr
Wissenschaft Forschung Solaranla... GreenShift Corporation (OTC Bulletin Board: GERS) announced today that the U.S Patent and Trademark Office has issued U.S Patent No.
GreenShift Corporation (OTC Bulletin Board: GERS) announced today that the U.S. Patent and Trademark Office has issued U.S. Patent No. 7,601,858, titled "Method of Processing Ethanol Byproducts and Related Subsystems? (the ?858 Patent) for the extraction of corn oil to GS CleanTech Corporation, a wholly-owned subsidiary of GreenShift.
GreenShift?s patented and patent-pending corn oil extraction technologies enable GreenShift and its licensees to ?drill? into the back-end of first generation corn ethanol plants to tap into a new reserve of inedible crude corn oil with an estimated industry-wide output of about 20 million barrels per year. This corn oil is a valuable second generation feedstock for use in the production of biodiesel and renewable diesel ? advanced carbon-neutral liquid fuels, thereby enhancing total fuel production from corn and increasing ethanol plant profits.
?The issuance of the ?858 Patent is a significant milestone for GreenShift and its stakeholders,? said Kevin Kreisler, GreenShift?s chairman and chief executive officer. ?GreenShift has a substantial investment in the development of these important and timely new technologies. We look forward with great anticipation to working with the ethanol industry to press the evolution of corn ethanol forward into enhanced sustainability.?
The ?858 Patent covers processes for recovering corn oil by evaporating, concentrating and mechanically processing thin stillage, a precursor to the distillers grain co-product of corn ethanol production (?DDGS?). Historically, ethanol production facilities have sold DDGS for animal feed, with all of the oil trapped inside. An estimated 3.4 million tons of corn oil passed unrecovered through the U.S. ethanol industry during 2008 alone.
GreenShift?s portfolio of patented and patent-pending extraction technologies can cost-effectively extract most of this corn oil, thereby increasing biofuel yields per bushel of corn by 7% while reducing the energy consumption and greenhouse gas (?GHG?) intensity of corn ethanol production by an estimated 21% and 29%, respectively.
David Winsness, GreenShift?s chief technology officer and co-inventor of GreenShift?s extraction technologies, added that: ?There are no other technologies that have been developed for corn ethanol producers that begin to approach even a fraction of these results in the entire history of the ethanol industry. While this patent establishes our dominant ownership and technology leadership in corn oil extraction, we have many more patent applications pending that strengthen GreenShift?s position as a leading technology partner in the ethanol industry.?
GreenShift?s technical services staff is available at 888-ETHANOIL or sales@greenshift.com to respond to quotation requests and to answer any questions about GreenShift?s corn oil extraction and other technologies.
About GreenShift Corporation
GreenShift Corporation (OTC Bulletin Board: GERS) develops and commercializes clean technologies that facilitate the efficient use of natural resources. GreenShift?s revenue model is based on the use of its proprietary technologies to become a leading producer of biomass-derived products, and to do so at reduced cost and risk by extracting and refining raw materials that other producers cannot access or process. Additional information is available online at www.greenshift.com.
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 GreenShift Corporation and members of its 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.