Huge Multi-page Article
"One of the most significant trends in today's dry grind ethanol industry is corn oil extraction."
"University of Illinois economist Steffen Mueller found that 23 plants out of the 75 that responded to the survey (30.7 percent of the plants), had added a corn oil extraction process – typically at the back end, taking the stillage from the fermentor, concentrating it, and applying centrifugal force to separate corn oil from the distillers grains."
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(SkunK thought for what its worth: That's about a third of those who responded - and who do you think didn't respond? Based on these rough figures however, with about 195 corn ethanol facilities as of the first of the month - (195 x .307) That would mean we now have about 60 potential infringers - 50% more than the last GreenShift estimate in the 2Q of 40!) That is not even factoring the likely even higher percentage of infringers that did not respond to the survey!
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“GreenShift installed the high speed separator… We own the equipment at this point. We were the first plant it went into; it was experimental at that point and it’s worked out well. We have been looking and exploring options, and we’ve been considering the idea of adding (a separator for the production from) the other half of the plant in Watertown, and also installing the technology at our plant in Mina, which is also about 110 million gallons per year.”
"It is worth noting that this oil derived from the back end of an ethanol plant contains 100-times the concentration of these health-giving compounds compared to ordinary corn oil, . . " (Carotenoids: Lutein and Zeaxanthin)******
(SkunK thought: THIS Last sentence [below] of the article SAYS IT ALL!!! EVERY!!!
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"With this changed way of thinking gaining currency among the most competitive players in the industry, it seems a certainty that every successful ethanol operation will enter into the corn oil business."
SEE HERE
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SkunK
If you enjoy irony, check out the Flottweg Ad for "corn oil separation" on page 10 of the article featuring GreenShift!
Thanks to a reader for the original link! Thanks to another reader for pointing out the potential new business with Glacial Lakes!
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Monday, October 18, 2010
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2 comments:
Skunk, did you notice Glacial Lakes said they're considering installing the systems at the rest of their plants?
Glacial Lakes Energy, LLC Watertown, SD 100.0 MGY
Glacial Lakes Energy, LLC - Mina Mina, SD 107.0 MGY
Watertown already has one from Greenshift. They would need 3 more!
Skunk, thanks for this blog and all the hard work you do.
I just wanted to point out that GPRE will release Q3 earnings towards the end of the week. I'm positive there'll be an update on their corn oil project that ICM is building under our license.
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