The credit agreement was amended in December 2011 to allow the Company to install corn oil extraction technology in its Aberdeen facility. p.13
Corn oil is produced by processing evaporated thin stillage through a disk stack style centrifuge. Corn oil has a lower density than water or solids that make up the syrup. The centrifuges separate the relatively light oil from the heavier components of the syrup, eliminating the need for significant retention time. De-oiled syrup is returned to the process for blending into wet, modified, or dry distillers grains. The corn oil is then pumped into storage tanks before being loaded onto trucks for sale. p.22
We are also adding additional fermentation capacity at our Fairmont facility, and corn oil extraction technology at our Aberdeen facility. p.22
Pounds of Corn Oil Produced: 4,840,000 @ .36/pound for the three months ended December 31, 2011. p.23
Approximately 90 ethanol plants in the United States currently have oil extraction capabilities, with more being added. p.27
SEE HERE
SkunK
Of course, Advanced BioEnergy COES is featured in the GreenShift video HERE. The video recently went over 2K views!
PS from the Debt Agreement
COES Project Completion Date Certain” means September 30, 2012 p.4
Homework: You can read ahead below:
REDTRAIL Energy 10Q
Lincolnway Energy 10Q
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