Friday, October 16, 2009

USDA Official Will Tour Iowa (Corn Oil Extraction) Biofuels Industry

October 16th, 2009

USDA Deputy Secretary Dr. Kathleen Merrigan will get some first hand knowledge of Iowa’s ethanol industry during a tour scheduled for October 20. During her visit, Dr. Merrigan will learn about ethanol production, utilization of co-products and biodiesel research.

Merrigan will first visit Lincolnway Energy, a 50-million gallon per year ethanol plant with a corn oil extraction process.

Rest of Article here:
http://domesticfuel.com/2009/10/16/usda-official-will-tour-iowa-biofuels-industry/
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This from Lincolnway Energy's last 10K:

"Lincolnway Energy began extracting corn oil from the syrup which is generated in the production of ethanol in April, 2009. Lincolnway Energy estimates that it will produce approximately 3,000 tons of corn oil per year. "

If we do a little SkunK math we times these 3,000 tons by 2000 and divide by 7.3? to get the approximate production rate of about .82Million gallons per year from their 50mmgy ethanol plant.

The USDA Deputy Secretary will be visiting a corn oil extraction facility operating just over half the claimed rate of the GERS method I. (1.5mmgy) (If then combined with Method II rates we get about a 3.25mmgy rate. As you can see in the blog below GERS claims a proven rate 4 times that of its competitors. It seems we are working with the right numbers since .82 divided by 3.25 is about 25%).

SkunK

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