GreenShift Licenses Its Patented Corn Oil Extraction Process to Sunoco

Sunoco additionally awarded GreenShift the construction project to design and install the equipment.

"We selected GreenShift to be our technology provider after extensive review,” added Gary Center, Fulton ethanol facility manager at Sunoco. “The ability to extract corn oil to sell to third parties will provide a positive economic impact at the plant.”

“GreenShift is very pleased to be working with Sunoco; throughout the entire process Sunoco demanded the very best, and we are pleased that we were able to deliver,” added Edward Carroll, GreenShift’s President.
See Here
And HERE

SkunK

GreenShift and this plant have a history.  Nearly three years ago GreenShift was contracted to develop two COES and a modular biodiesel plant at this location.  The prior owners were under financed and had the added technical burden of converting an old Miller's beer brewing plant - rather than starting from scratch.  The original build/conversion did not work and the plant soon fell into bankruptcy.  The prior GreenShift plans stopped with the prior owners.  Here is a good article from last fall that goes over the history of the plant in more detail

SkunK side bar:  The articles at the time just talked about plumbing problems.  This is the first time I have seen this:  "Poor design allowed bacteria to grow in pipelines, inhibiting production."  In any case SUNOCO is obviously NOT under financed (nearly $5B Market Cap) and was able to make things right.  Good for them.  And now that GreenShift is back in the saddle - good for us!

Is this THE Sunoco?  The one "Headquartered in Philadelphia, . . .  a major petroleum company with 910,000 barrels per day of refining capacity, approximately 4,700 gas stations, 6,000 miles of pipelines and 43 product terminals. . . . a . . .significant manufacturer of petrochemicals, with annual production capacity of approximately five billion pounds." Yes, this is the same one, SEE HERE