Featured Highlights of the GreenShift/GPRE Deal
"In particular, we believe our deployment of corn oil extraction technology at all of our plants will provide attractive returns for our shareholders."
On July 21, 2010, Green Plains announced plans to implement corn oil extraction technology at its ethanol plants. The Company expects to complete the technology deployment by the end of the first quarter of 2011 at a cost of approximately $18 million and anticipates the project would enhance operating income by $15 million to $19 million per year. The Company anticipates first revenues from corn oil extraction at the Obion, Tennessee plant to occur within the next 90 days.
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SkunK
Wednesday, July 28, 2010
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2 comments:
Wow, GERS technology is huge.
Nice, ethanol production for the quarter was 129. Greenshift's in a great position now.
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