Paul Harrison, President of the Western Wisconsin Energy (WWE), recently announced it has retained Ascendant Partners to assist with the exploration of selling the ethanol plant located between the municipalities of Boyceville and Wheeler.
See Here
Western Wisconsin is a dry mill ethanol plant with a nameplate capacity of 55 MMgy but consistently performs at 57 MMgy, according to the company’s website. Besides ethanol, the facility produces 175 thousand tons of distillers grains and 7.2 million pounds of industrial corn oil yearly.
and HERE
SkunK
Like farming (over my entire lifetime), now it seems the Ethanol Business has matured so that you have to get bigger or get out. These farmer owned, independent, one plant models that built the industry seem to be going away.
Thursday, September 8, 2011
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Picture Of GPRE Corn Oil System!
First time I've ever seen a picture of GPRE's corn oil system in operation!
Just flip through the pic's, it's the last of six.
http://www.omaha.com/article/20110816/NEWS/308169933#ethanol-industry-weighs-options
GPRE's final corn oil system, in Minnesota, is being brought online now. So is Sunoco's.
I also heard a rumor GPRE may be close to buying another ethanol plant. As smaller players fold, GPRE is poised to buy them up. GPRE will get bigger as smaller players are getting out.
Shaw is frustrated that people don't realize how much money the government spends supporting oil and gas companies through such avenues as loan guarantees for pipelines.
"People have the audacity to ask: 'Well when is ethanol going to be able to stand on its two feet?' How about the day after big oil stands on its two feet? We'll be right there," Shaw said.
But Todd Becker, CEO of Omaha-based Green Plains Renewable Energy — the country's fourth-largest ethanol producer — said the industry is ready. With ethanol playing a large role in federal renewable fuel standards and interest from other countries in U.S.-made ethanol, he said, there will be no shortage of demand. Plus, the fuel is still going to be cheaper than other options.
"We believe that the industry can stand on its own," Becker said. "Ethanol remains a discounted gasoline, even without the tax credit."
Ethanol has been fighting an uphill battle for some time.
Both public sentiment and many politicians have turned against the fuel, or at least government support for it, after a relentless barrage of criticism. Anti-ethanol groups insist it takes more energy to produce ethanol than it actually yields and that it causes substantial spikes in food prices, just to cite two examples.
Johanns said that during his time as U.S. secretary of agriculture his department studied those claims and found them to be unsubstantiated or exaggerated, but those findings seemed to be drowned out by the critics.
"There were a hundred questions with ethanol," Johanns said. "I always thought the questions were being answered, but they never really went away."
Picture #3...Is that smaller but newer looking tank in the middle(bright white) the corn oil storage tank?
jusy hope the market cap does not plung post R/S....from 1.4 million to 14 thousand?..is that even possible?
Notice the new filings are requesting "injunctions". Does this mean the Markman hearing went well?
"infringing activities have injured and will continue to injure GS CleanTech, unless and until this Court enters an injunction prohibiting further infringement and, specifically, enjoining further manufacture, use, sale, importation, and/or offer for sale of products or practice of any methods and/or processes that come within the scope of the claims of
the ‘858 patent."
Furthermore, if the corn oil spicket is cut off from the infringers, corn oil prices will go up for the licensees as well as GS profits.
Maybe GreenShift Lawyers have calculated that the bill is so high now with treble damages that it will bankrupt the defendants. So you might as well push the Preliminary injunction now since future damages cannot be realistically recoupded anyway. I think the defendants abilty to pay the potential damages have been realistically maximized. A preliminary injuction now will push a settlement.
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