East Kansas Agri Energy LLC claims 5 million pounds of corn oil from a 40mmgy ethanol plant on their home page HERE.
Thanks to Anonymous 8:44 on Saturday's post for the heads up. He reports KAAPA and Guardian of Lima are also extracting. Neither outwardly claim extraction on their sites but Guardian says this HERE:
"Importantly, companies today are involved in technological innovations such as cold starch fermentation, corn fractionation and corn oil extraction. "
Here is some of the company Guardian keeps:
"Members of Guardian Energy Holdings are also invested with AL-Corn Clean Fuel Cooperative of Claremont, MN; Central Minnesota Ethanol Coop of Little Falls, MN and Golden Grains LLC of Mason City, Iowa in Guardian Energy LLC which owns and operates a 100 million gallon per year ethanol plant in Janesville, MN."
More potential customers on the list.
SkunK
Tuesday, March 27, 2012
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14 comments:
Boycott Archer Daniel's Midland products! They are infringing on Greenshift's patented COES and are apparently proud of it.
SkunK,
The comment section appears to be falling the way of some message boards. I know that it would become a choir to continually mop up behind attackers, it might be worth asking folks to be a little more civil, and refrain from using this medium to attack other bloggers. Thanks for all you do for us GERS investors.
In Regards To ADM...
"ADM was the first to use the solvent extraction process"
I noticed a few comments in regards to ADM. The majority of ADM's ethanol production is from wet mill plants. I believe the number is around 80%. The traditional wet mill plant is very different than the modern dry mill that's built these days. ADM's wet mills use frontend corn oil extraction. This is a very expensive process that produces food grade oil and it's not very profitable. A solvent like hexane gas is used to extract the oil. This process dates back to the 1930's and was first discovered in the late 1920's. Any ethanol producer could do frontend solvent extraction without a patent. The process is ancient.
Greenshift's backend extraction yields inedible corn oil from dry mill plants. Dry mills could do frontend extraction, but the reason they don't is there's no money in it. If the ethanol industry thought they could make money using the traditional front end extraction, like ADM does, they would do it. Greenshift's methods of extraction are much more profitable and the equipment to do it is a fraction of the cost. The crude oil from the back end could be refined into food grade but again, it's very expensive and the margins are slim.
Notice here ADM lists corn oil as a wet mill product.
(Result of solvent extraction, the removal of oil from corn germ)
http://www.adm.com/en-US/products/feed/corn-co/Pages/wet_milling.aspx
Notice here, ADM does not yet list corn oil from the dry mill products.
(Greenshift's process is for dry mills)
http://www.adm.com/en-US/products/feed/corn-co/Pages/dry_milling.aspx
"ADM made its first bold step in soybean processing when it decided in the early 1930s to install a solvent extraction system for soybeans at its Chicago plant. As early as 1926 the William O. Goodrich Company (acquired by ADM in 1928) had been experimenting with solvent extraction of soybeans and other vegetable seed oils using a Scott Batch extraction system. Thus ADM had some experience in this area. But solvent extraction had not yet been used for volume production in the US since the extractors were large and expensive, soybean supply was limited, and a satisfactory solvent had not yet been found. Furthermore, it was still the depths of the Depression and ADM's 1933 sales were the lowest they had ever been. Nevertheless, in 1933 Shreve Archer sent plant superintendent E.W. Schmidt to Europe to make a study of solvent extraction and bring back the best equipment."
If and when ADM decides to do backend extraction at the few dry mills that they have, I bet they'll do their homework and determine what the rest of the industry already knows. Greenshift is the best.
Good Luck To All!$!$!$!$
Like I was trying to tell no one, calling adm if they use greenshift now to extract oil is like asking kentucky fried chicken if they use greenshift to take the oil out. ADM makes cooking oil. Its a completely bogus argument. Or as no one would say a non sequitur. Great dd slash!
http://www.startribune.com/business/138568459.html hey skunk this is huge worth doing some digging on hope you enjoy it spells big bucks with GPRE! I've not seen this posted anywhere even though it was dated 02/09/12.
The issue and the question being posed, was ADM using GERS technology now? Not in the future, not when they might chance processes or products, but now!. The answer to that question was and is no. Why don't you work on developing some answers to questions being posed instead of reacting to what you think is in conflict with your GERS catechism?
Great work slash. Keep it up bro.
Ok we found out this is not a venture with greenshift as billv pointed out. But it sounds like greenshifts patented technology. Petal made the statement that gpre had icm build their first coes and then licensed with gers. Could this be another repeat of the same with a differrent technology does anyone know is there a differance in technologys or is it an infringements
all Gers licensees have access to all Gers technologies an patents
Slashnuts,
Informative Post. thx
I got a order for 50000 but
No ones selling
Steve
Buyers squashed sellers like a bug20 to 1 so you got some competition.
JUST BUY AT THE ASK AND YOU LL GET WHAT YOU NEED. WE ALL SHOULDN'T WORRY IT IS A BARGIN AT THESE PRICES WE ARE KEEPING THE PRICE OF THIS STOCK DOWN. IF IT'S GONNA BE OVER A DOLLAR ONE DAY WHO CARES IF U GET IT AT NINE OR TEN CENTS
I offerred $1.00 and got it for less.
Why are you yelling at me?
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