Thursday, March 22, 2012

GEA and ACE Get Time

This  defendant time extension is unopposed and allowed.
See Here

SkunK

This could mean someone was busy and needed more time to file a motion. OR . . . You have to remember this is the third Amended complaint.  Any copy/paste reply to the 3rd Amended Complaint is gonna look a lot like the first two.  How much time do you need for that?  Have we negotiated a Maverick and colt from the herd?  Interesting to think about.  But not too loud.

20 comments:

Anonymous said...

cut 'em from the herd and burn a big "G" on their hind quarter!

Anonymous said...

Settlement?

Anonymous said...

Biof extractors made by GEA and Gers licensed?

Liebert

Slashnuts said...

Who Sells The Best State Of The Art Corn Oil System In The Industry Today That Doesn't Use Chemicals?

Slashnuts said...

Who Has The ONLY State Of The Art System The ONLY One That Doesn't Use Chemicals?

Slashnuts said...

Want free trades? $500 to open a Scottrade account. Referal code WRHS5970 will get you and I both free trades. I have not paid for trades in over a year. Once a customer, you can get your own code an get more free trades for every person you refere.

nobody123789 said...

Slash,

I suspect you found information on an ethanol producer using a corn oil extraction system that uses, ". the ONLY State Of The Art System The ONLY One That Doesn't Use Chemicals"

Am I correct? That was quite the clue, quite the teaser.

Anonymous said...

peix?

Slashnuts said...

The Andersons's third ethanol plant is now extracting corn oil!
This plant is a joint venture with Marathon Petroleum (MPC) which is owned by Marathon Oil (MRO).

Listen to The Andersons Q4 conference call here...
http://edge.media-server.com/m/p/gw355z3x/lan/en

Here's the corn oil highlights from the call.

6:00 minute mark
"Additionally the plants have invested furthur in corn oil, E-85, and CO2 and these have proven to be profitable business additions."


53:45 mark
"...Investment in existing facilities...an example in ethanol would be corn oil in all of our plants which we're now in that position at this point in time.

"The last corn oil facility is up and running is that correct?"

"Yes it is, all three are running."


----

Corn oil is now available at all three plants. Check this out. This is from Marathon Petroleums website. Apparently, two of The Andersons ethanol plants are partnerships with Marathon Petroleum, not just one. The Ohio plant is 50% and the Indiana plant is 35% owned by Marathon Oil.

Slashnuts said...

ANDE CC 23:30 minute mark
"Reviewing possible expansion opportunities at existing facilities as well as acquisition opportunities in 2012."

ANDE buys infringer Amaizing Energy

I think we can scratch Amaizing Energy off the infringer list. It wouldn't make any sense for three plants to be licensed and one infringing. ANDE considers the technology much the same in all their plants. I think a settlement is one of those contingencies they're working on.

"With much of the same technology in all four plants, we expect to bring additional efficiencies to drive down our cost per gallon, and maximize returns to shareholders as we have successfully demonstrated during the past five years."The transaction, which remains subject to several contingencies, is anticipated to close in the second quarter."

Besides, ANDE management is well known for their high standards, high morals, and their respect for the law. Quite the opposite for ICM.

Good Luck To All!$!$!$!$

Slashnuts said...

Sunoco’s Volney Ethanol Plant Completes First Year of Operations
Facility continues to make improvements for ongoing operations

Sunoco, Inc.'s (NYSE: SUN) Fulton ethanol plant announced the successful completion of a first full year of ethanol production at its Volney facility in 2011.

"We are pleased with the operations at Fulton," said Boyd Foster, Sunoco's vice-president of wholesale marketing. "We will continue to find ways to optimize the plant to deliver ethanol and distillers grain to our customers in 2012 and beyond."

After investing over $24 million prior to starting up the facility in 2010, Sunoco made additional investments in 2011 to enhance reliability and add a second ethanol loading rack. Moreover, Sunoco added a corn oil extraction system which successfully started-up in December.

This year's capital spending plan includes productivity, reliability and environmental projects that will add value and continue to improve operations at the facility.

Sunoco's Fulton ethanol plant is an 85 million gallon per year facility, which began production in June 2010. It is responsible for supplying part of the Sunoco retail network's ethanol needs in addition to the ethanol that is blended to make Sunoco Green E15, the official fuel of NASCAR.

Ethanol produced at Fulton is also sold to other terminals across New York for gasoline blending. In addition to ethanol, Fulton produces high quality dry distillers grains that are sold to farmers as feed for livestock.

Sunoco is a leading logistics and retail company. The company owns the general partner interest of Sunoco Logistics Partners, LP (NYSE: SXL), which consists of a 2 percent ownership interest and incentive distribution rights, and owns a 32 percent interest in the partnership's limited partner units.

Sunoco Logistics is an owner and operator of complementary pipeline, terminal and crude oil acquisition and marketing assets. Sunoco also has a network of approximately 4,900 retail locations in 23 states.

http://oswegocountybusiness.com/index.php?a=3717
Thanks to Wayback for the link...


"This year's capital spending plan includes productivity, reliability and environmental projects that will add value and continue to improve operations at the facility."

Yet another Greenshift customer spending money on production upgrades. I can't help but wonder if this is why the dissication patents were fast-tracked. Are all of Greenshift's customers in on it? Would hammer mills be a thing of the past if producers use the powerful vortex of the Tornado Generator? Pneumatic air powered devices are more powerful and efficient. Bypassing the hammer milling process would save a ton of energy as well as money on costly equipment.

"A major disadvantage of the hammermill is the tremendous amount of wear (linings must constantly be replaced).

Small grain hammermills can be operated on household current. Large automobile shredders can use one or more 2000 horsepower (1.5 MW) diesel engines to power the hammermill."

Bascically, the Tornado Generator shreds the corn better than a miller mill, using less energy, and increasing ethanol yields. How about a royalty for the increase in ethanol gallons instead of just corn oil. Of coarse this would be a royalty on billions of gallons instead of 10's of millions...
Good Luck To All!$!$!$!$

Slashnuts said...

PEIX Rolling Out Corn Oil Production!


Pacific Ethanol's Q411 Conference Call.

http://www.pacificethanol.net/site/index.php/investors/presentations/625/

Here's the corn oil segments from the call...

7:45 minute mark

"We are working on projects to leverage our existing production assets to create new revenue streams. Examples would include implementing corn oil seperation at the plants..."


23:14

"And then two questions about timing. Corn oil production, roughly what's your timeline on introducing corn oil production at your plants."

"We have not finalized all of that from scoping out exactly how we would do it and the financing around that but our expectation that we will be rolling that out in 2012 at least at one of our facilities if not more."

You'll notice PEIX called it corn oil seperation. I think producers use both seperation and extraction as terms in the industry. I'm not convinced it means one company or another. In the examples below, Corn LP uses both "corn oil seperation and corn oil extraction" to describe the technology they licensed with Greenshift.

"Solution Recovery Services (SRS) announced today that it has signed a purchase agreement with Corn LP to supply their COSS (Corn Oil Separation System) at Corn LP's 55 million gallon ethanol plant in Goldfield, Iowa."

"GreenShift Corporation announced today its execution of a license agreement with Corn, LP for use of GreenShift’s patented corn oil extraction technologies at Corn, LP’s 50 million gallon ethanol plant in Goldfield, Iowa.

Under the terms of the agreement, Corn, LP will finance, build and operate a new corn oil extraction facility based on GreenShift’s patented corn oil extraction processes. In addition, GreenShift will provide Corn, LP with ongoing technical support with a view towards maximizing the performance and benefits of Corn, LP’s planned new corn oil extraction installation.

Brad Davis, General Manager of Corn, LP said that “We have set a number of new performance records at Corn, LP within the past year, with record levels of ethanol and DDGS production from our plant as well as improved operating efficiencies. We are confident that the addition of GreenShift’s patented corn oil extraction processes to our facility will help us build on our successes with additional improvements in efficiency and profitability.”


I'm very excited to see PEIX moving forward on corn oil extraction. With Calgren as the only other producer of corn oil in the state of California being licensed with Greenshift, I hope method II has caught PEIX's eye. I hope PEIX has taken note that Calgren removed their infringing ICM junkbox.

Good Luck To All!$!$!$!$!$

Slashnuts said...

Glacial Lakes Mina, a Greenshift customer, to install another COES in the Spring! Glacial Lakes is installing corn oil production at their other plant!


"Mina Plant to Add Oil Separation
GLE will begin installing an oil separation unit at the Mina facility in late spring.
Watertown has been separating out oil from approximately 40% of its production for
some time, creating an additional value-added product, says Frank Moore, Director of
Operations. He explains that the ability to separate out a percentage of the value-added
oil product in Mina is expected to return its initial investment in approximately 6-9 months
and boost revenue significantly.
“We will be removing only a percentage of the oil with this process,” says Moore.
“GLE is committed to maintaining the fat levels and the very high quality distillers feed that
we’re currently producing.”

http://www.glaciallakesenergy.com/newsletter/2012_02.pdf



Remember this? Here's another producer tied to Greenshift using both "seperator and extraction" to describe the technology.

"Glacial Lakes Energy in Watertown, South Dakota may have been the first dry grind ethanol plant to install a back-end corn oil seperator. Four years ago, the plant began operation with the new technology, provided by Alpharetta, Georgia-based GreenShift.
"The process involves taking corn syrup off the back end and extracting the oil," said Chad Brenden, the plant manager at Glacial Lakes' Watertown plant. The seperator processes roughly half of the plant's 110 million gallon per year output.

Brenden said. "GreenShift installed the high speed seperator...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 considering the idea of adding a seperator 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."
http://www.bluetoad.com/publication/?i=48881
Page 8/9

Good Luck To All!$!$!$

Slashnuts said...

REX American Resources

REX($32.33) has interests in 7 plants with a total capacity of about 600 MGY. They own a non controlling 10% or less of several infringers we're suing(Big River). The other plants they control are 74% and 98% owned. It's these plants that I believe have installed Greenshift's Alfa-Laval systems. REX had a CC about 10 days ago. Explaining it all.

7:30
"We just put in new state of the art corn oil plants, 2nd generation corn oil plants to produce corn oil. We don't use chemicals like the rest of the industry does. And again we're in excellent markets to sell corn oil."

10:56
"As I mentioned earlier we just added corn oil to our plants. Again state of the art corn oil, 2nd generation technology. We think we were wise in waiting to the 2nd generation we don't use chemicals there's significant savings there and we feel we produce a significantly better product without the chemicals. These plants should add going forward approx $400,000 extra income per month per plant in the two plants that we installed these corn oil plants."

23:12
"Corn oil's a perfect example, everyone else grabs the first thing that they think can make them an extra nickle, we wait a little bit longer and we put in the best corn oil plants in the industry period."

Link to CC
http://edge.media-server.com/m/p/44ad6y35/lan/en

Sunoco Talks About Greenshift's "New State Of The Art System"...

"After extensive third party due diligence and review, we were awarded contracts to design, build and install extraction systems for our licensees, including "A NEW STATE OF THE ART" corn oil recovery facility for Sunoco, Inc."

Advanced BioEnergy Referes To Greenshift As Having "The Best System"...

"Richard Peterson, CEO of Advanced BioEnergy LLC, said that “We did extensive research to determine "THE BEST SYSTEM" to install at our plants. After visiting and speaking to other plant operators it was clear that the GreenShift design is the highest yielding system with minimal down time."

Greenshift's Prefered Alfa-Laval "Doesn't Use Chemicals"

"Today, we are pleased to announce that the extraction system was installed and successfully commissioned in August and we are consistently extracting our desired yields "WITHOUT THE USE OF CHEMICAL ADDITIVES."

2nd Generation.

It was Todd Becker, CEO of GPRE, that said this. He was talking about the corn oil systems in the Global Ethanol plants as being outdated/older versions of the corn oil systems. The systems were upgraded to the next generation COES when GPRE bought out Global.

"$400,000 In Income Per Month Per Plant"

This would be the income after GERS' 20%.
Each 100,000,000 gallon plant / 2.8 gallons per bushel = 35,714,285 X .5# per bushel / 7.6 #'s per gallon = 2.35 million GPY X $3 a gallon / 12 months = $587,406 per month. Subtract the 20% royalty and it comes to about $470,000 a month. The remaining $70k covers costs associated with extracting the oil to get to the income projection of $400,000.

"Grabbed the first thing they can make a nickel on."

Most of the industry bought Tricanters and Westfalia systems before the lawsuits began. These make terrible emulsions and require chemicals. I think REX saw first hand the problems with Tricanters.

Everybody in the industry knows Greenshift's systems are the best. Only state of the art Alfa-Laval systems are able to obtain the yields they do without the use of costly chemicals. Both of the infringing ICM systems use chemicals. There's a growing concern chemicals are bad for livestock that eat the DDGS after oil's been removed.
REX also talked about increasing their ownership in the Big River plants. Maybe it will be like ANDE, taking control of an infriging plant and getting it GERS licensed.

Good Luck To All!$!$!$!$

Anonymous said...

AWESOME DD Slash....SKUNK get this Tidied up and stick it on top of your page!!

Anonymous said...

Holy Crap I just realized im the first to comment on this! Where is everyone! This is SICK good NEWS!!!

Anonymous said...

Slash, you need to go back to school. The tornado generator uses an extensive amount of energy, much greater than hammer mills due to the amount of compressed air required and the horsepower to run the compressors. This is why it has limited use and only in high margin markets like dried chicken broth. Otherwise, it would have a much broader use list after six years of availability. It was tried at Global Ethanolwhen Trevour was there and did not pan out to be useful technology in corn ethanol processing.

Also, when they talk about second generation corn oil extraction, they are referring to ICM's technology without chemicals. ICM uses ethanol as a surfactant to break the emulsion and then recovers the ethanol with evaporation/condensation. Therefore, the claim is they do not use "chemicals" as in polymers that first generation facilities use.

Furthermore, some corn ethanol processes do not need chemicals or ethanol depending upon up stream processing and how much corn oil they want to extract. Many have a minimum fat content requirement on DDGS so they do not want to take out too much corn oil.

Do not get me wrong, I am still a GERS fan, but wanted to clrify some issues so investors can make fact-based decisions. I look for GERS next technology to boost the stock price as well as any solution to the litigation. If I am not mistaken, one of the next steps include co-located biodiesel.

Best to all

Slashnuts said...

--------

Yes Virgina, ethanol is a chemical.

Here's a direct quote from ICM's website. The AOS requires a "Fully recoverable chemical additive".

I can't find a single ethanol producer saying they aren't using chemicals, other than Greenshift's customers. Please post a link if anybody finds one.

I can't find a single ethanol producer saying that ICM has the best corn oil system in the industry. Please post a link if anybody finds one.

What I did find was two more examples of producers saying "The best technology". BIOF in their conference call said "The systems are the best technolgy and costs."
(866) 281-6782. The access code for the replay is 167702.


“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.

"We selected GreenShift to be our technology provider after extensive review,” added Gary Center, Fulton ethanol facility manager at Sunoco.

Another reason I don't believe REX installed the infringing AOS is this: Valero stated in Q311 they would have four plants testing the system by the end of Q112. Here we are at the end of Q1 and for some reason, only two plants have it installed. It took six months to install it in half as many plants as planned. REX's Q411 release from December stated they were looking at installing corn oil extraction. Three months later, it's installed. I would think Valeros project would have been completed first. Plus, who can consider a system that's still being tested as the best technology? The next generation system from ICM uses chemicals. The next generation system from Greenshift doesn't.

So I don't see a single example of any producer saying ICM's system is the best or they don't use chemicals. I've heard nothing but complaints about ICM's systems and that you got to pump them full of chemicals to get yields that are still lower than a non chemical using Alfa-Laval. It all points to Greenshift. It states right on ICM's website that their newest infringing system requires chemicals. The AOS requires a "Fully recoverable chemical additive".

Good Luck To All!$!$!$!$

Slashnuts said...

There's several reasons why the Tornado Generator is more efficient than a hammermill.

1. A hammermill uses electricity or fuel to run a motor which rotates large heavy drums to shred the corn. The linings wear out and must constantly be replaced.

The Tornado Generator uses a motor to compress air which shreds the corn directly. It skips the step of rotating heavy energy consuming drums. It has no internal moving parts to fail, unlike the costly linings and bearings in a hammermill.

2. There is no energy storage involved in a hammermill. It uses the power it needs directly all day and night.

With the Tornado Generator, compressed air can be put in storage tanks in off peak hours(at night) when electricity is cheapest. The "cheaper air" can then be drawn from storage during the day when electricity rates are higher.

3. Hammermills shred the corn into smaller pieces.

The Tornado Generator shreds the corn into micron size particles. This increases the surface area, exposing more starch, which increases ethanol yields.

"A major disadvantage of the hammermill is the tremendous amount of wear (linings must constantly be replaced)."

"The Screenless hammer mill uses air flow to separate small particles from larger ones. It is designed to be more reliable, and is also claimed to be much cheaper and more energy efficient than regular hammermills."

The Tornado Generator is a major threat to ICM. Bypassing the hammermill would be a big blow to them. ICM depends on sales from hammermills as well as the revenue stream from replacement parts. If this wasn't a viable technology, GERS wouldn't be fast-tracking additional patents. Several of Greenshift's customers are talking about an upgrade that increases ethanol yields, reliability, and efficiencies. The Tornado Generator does all the above.

Anonymous said...

Abfe without the use of chemical

Icm chemical additive

case closed

welcome Rex

 
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