New Degumming Technology???

The SkunK has been trying to find some new technologies that would fit in to GreenShifts "entire portfolio of new cleantech designed to leverage our existing extraction
platform". The information we have is this:

"This technology is designed to cost-effectively produce and extract more oil by using our existing extraction assets while favorably impacting the nutritional qualities of the distillers grain ethanol co-product. Significantly, our patent-pending Cellulosic Oil™ technology is also designed to integrate with our extraction technologies into existing biodiesel plants."

The SkunK's first attempt was to find a recently discovered organism that gave off diesel vapors. Now I found that very interesting, especially with the Montana connection, but hardly a technology that GreenShift could have already bench tested.

How about a leading edge technology that works by using an enzyme in the degumming process! Notice that Verenium teamed up with Alfa Laval - a maker of centrifuges/food processing equipment and a prior employer of many of the top Executives and management at GreenShift.

If Greenshift has developed its own degumming enzyme- or another process to add efficiencies to the degumming process - that would explain this INTRIGUING sentence, [Cellulosic Oil™ technology is]"also designed to integrate with our extraction technologies into existing biodiesel plants." An added benefit of a leading edge degumming process might also reduce the Free Fatty Acids in the raw corn oil - something that makes corn oil challenging to process into biodiesel. Verenium claims the oil in the phospholipids cells is released in their process. If our process does the same - it would validate the Cellulosic Oil™ moniker. We would be unlocking oil at the cellular level.

I also find Verenium Corporation pushing out a PR about their technology exactly a week after GreenShift's March 17th Shareholder Letter, another indicator that the SkunK may be on the right track about this technology. . . The PR does not showcase its commercial use or planned commercial use in a specific facility - it just basically says they will recommend Alfa Lavel to future customers. The only real news is the release of the technology. Verenium may have felt the need to release this information before Greenshift gives the details on theirs . . .

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CAMBRIDGE, Mass.,
March 24 /PRNewswire-FirstCall/
Verenium Corporation (Nasdaq: VRNM),
a pioneer in the development of high-performance specialty enzymes and next-generation cellulosic ethanol, today announced it has signed an agreement with Alfa Laval, a leading global provider of heat transfer, separation and fluid handling technologies, to jointly market enzymatic degumming of vegetable oils using Verenium's Purifine PLC enzyme and Alfa Laval's engineering services and equipment. Purifine enzymatic degumming is a novel process that significantly increases yields in edible oil production and can have additional benefits in refining the Purifine-degummed oil. Use of Purifine enzymatic degumming also enhances yields of biodiesel from crude oil.

About Purifine
Verenium's patented and novel Purifine enzyme facilitates improved operating efficiency and reduction in byproducts by allowing a higher percentage of the crude vegetable oil extracted from seeds to be recovered and converted into edible oil or biodiesel. In conventional processing phospholipid impurities are removed as emulsified gums with an associated oil yield loss. Purifine enzyme works by reacting with the phospholipids releasing both the oil entrained in the gum and the oil-component of the phospholipids. Compared to other degumming methods, oil yield losses are reduced by up to 75% using Purifine enzymatic degumming, depending on the phospholipid content of the oil. Purifine PLC also offers significant benefits to the refining process by improving operating efficiency, and reducing the need for harsh chemicals and other processing aids.
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Entire Article Here,
http://news.prnewswire.com/DisplayReleaseContent.aspx?ACCT=104&STORY=/www/story/03-24-2009/0004993538&EDATE=
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So add "Unique Degumming Method" and BioDiesel Creating Organism to the SkunK list of [possible] GreenShift's "entire portfolio of new cleantech".

SkunK