Like Valaro, we now see Murphy Oil Corp buying (now two) distressed ethanol plants, getting more into the ethanol market and becoming their own supplier of about half their ethanol needs. Both are 'potential COES customers' who would be great additions to GreenShifts business partner list.
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HEREFORD, Texas — Murphy Oil Corp. has purchased an ethanol plant in the Texas Panhandle that was never completed because of construction delays and bankruptcy.
Murphy Oil has completed the purchase of the former Panda Ethanol plant that should be capable of producing 115 million gallons per year.
"We hope to be fully operational sometime in the first quarter of 2011," West said.
The company plans to use the ethanol to blend with the gasoline it sells at more than 1,000 retail outlets, many of which are located at Walmart Supercenters.
"This plant, in combination with our Hankinson, N.D., plant, fulfills about half our needs," West said.
The North Dakota plant that Murphy bought for $90 million produces about 110 million gallons per year, President and CEO David Wood said in a news release.
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Entire Article HERE
another ARTICLE
also HERE
Murphy Oil Hompage HERE
SkunK
Monday, September 13, 2010
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4 comments:
Skunk,
I just found this little tidbit...
Another patented wood-to-electricity gasifier is being shipped to Germany! Zeropoint is 10% owned by Greenshift.
Largest biochar producer in the world?
http://www.zeropointcleantech.com/company
ZeroPoint Clean Tech Inc. announced today that is commissioning a biomass gasifier for shipment to Germany. The gasifier will utilize various grade wood chips for fuel and will power a GE Jenbacher Gas Engine to produce electricity and heat. ZeroPoint and its European partner intend to develop multiple combined heat and power projects, renewable gas boiler projects and methanol synthesis projects. The Company and its European partner also intend to become the largest biochar producer in the world. Biochar is a low cost form of sequestered carbon valuable as a soil amendment and for a number of other commercial application as activated carbon. ZeroPoint biochar contains approximately 87% fixed carbon and is activated to 350m2/gram of surface area.
ZeroPoint awarded United State Patent for gasification process
August 4, 2009
ZeroPoint Clean Tech, Inc. today announced that the United States Patent Office has issued a patent protecting its core biomass gasification technology. Patent No. 7,569,204 "Apparatus for Controlling the Gas Composition During the Gasification of Carbon Containing Feeds" is one of two U.S. patents now issued to the Company. ZeroPoint has an additional twelve patents currently pending as well as trade secrets related to its gasification process and various extension technologies.
More news!
http://www.zeropointcleantech.com/news#108
Palm shell gasification!!
24 more systems to come for this German customer?
Blue Planet Sustainable Energy, N.V. plans to use ZeroPoint Technology to convert an existing fossil fueled methanol plant in Schwarze-Pumpe, Germany into a bio-methanol ("Green methanol") production facility. ZeroPoint's high efficiency modular systems will convert wood chips into synthesis gas for use as a feedstock in the methanol production process. The project would involve as many as twenty-five ZeroPoint systems at full build out. ZeroPoint and Blue Planet entered into a joint venture to develop the biomass gasification market in Northern Europe in April, 2008.
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