GERS - Greenshift - Bereits +800% bis jetzt
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Technologies Increase Corn To Biofuel Yields By 7% While Reducing Fossil Fuels Used In Corn Ethanol Production Process By Up To 10%
On Wednesday May 6, 2009, 8:00 am EDT
Buzz up! Print Related:GreenShift Corporation
NEW YORK--(BUSINESS WIRE)--GreenShift Corporation (OTC BB: GERS - News) today announced that it has received Notices of Allowance from the U.S. Patent and Trademark Office for its proprietary corn oil extraction technologies.
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GERS.OB 0.0114 +0.0077
{"s" : "gers.ob","k" : "c10,l10,p20,t10","o" : "","j" : ""} One Kernel: Two Fuels
GreenShift’s corn oil extraction technologies make possible the production of advanced biofuel from inedible corn oil, a previously untapped biodiesel feedstock entrained in the distillers grain co-product of corn ethanol production.
“GreenShift has invested heavily in the development and commercialization of its corn oil extraction technologies,” said Kevin Kreisler, GreenShift’s chief executive officer. “This investment has culminated in the development of a vital new technology with important and timely consequences for the existing U.S. renewable fuel industry.”
Enhanced Biofuel Sustainability
GreenShift’s corn oil extraction technologies are widely considered to be the quickest path for margin improvement for corn ethanol producers today. GreenShift has proven that it can extract upwards of 6.5 gallons of previously unrecovered inedible crude corn oil from the distillers grain co-product of corn ethanol production for every 100 gallons of ethanol produced. This corresponds to a 7% increase in the gallons of biofuel produced per bushel of corn from 2.8 to 3.0 gallons per bushel for first generation corn ethanol facilities. GreenShift’s extraction technologies accomplish this in a way that also decreases the fossil fuel consumption of the host ethanol facility by up to 10% while increasing the nutritional value of the distillers grain co-product as a commercial animal feed. All of this increases the energy balance and cash flows derived from the use of corn to produce ethanol, and presses the evolution of corn ethanol forward into enhanced sustainability.
GreenShift’s proven extraction rate also translates to 680 million gallons per year (“MMGY”) of inedible feedstock for conversion into advanced biofuel with the U.S. corn ethanol complex producing 10.5 billion gallons per year. Incredibly, this amount of corn oil could fill the entire operational U.S. biodiesel fleet with a sustainable new inedible feedstock. GreenShift holds a 6% share of this market opportunity today and is currently under contract to install more than 40 MMGY of shovel-ready corn oil extraction facilities at ethanol facilities throughout the U.S.
At current market prices, 680 MMGY of crude corn oil would contribute about $1.6 billion dollars per year to the GDP while stimulating more than $850 million per year in newfound EBITDA into both of the U.S. ethanol and biodiesel industries.
David Winsness, GreenShift’s chief technology officer and co-inventor of GreenShift’s extraction technologies, added that: “There are no other technologies that have been developed, commercialized and integrated into the corn ethanol industry today that have produced anything approaching the yield improvement and energy savings demonstrated by our extraction technologies. We are thrilled to have the first two of our many novel patent applications allowed and we are looking forward with great anticipation to contributing to the sustainability of our ethanol clients and the renewable fuels industry in a material way.”
GreenShift’s corn oil extraction offering is structured to provide 100% of the capital needed to build and integrate turn-key, skid-mounted facilities based on its extraction technologies into corn ethanol facilities in return for the long-term (10 years or more) right to purchase the extracted oil for a fair price that is indexed to diesel fuel prices. In GreenShift offers to pay participating ethanol producers for the extracted oil, which is then shipped for refining into biodiesel and then sold at rates that are also indexed to diesel fuel prices. This makes GreenShift’s business model more comparable to traditional oil and gas models than it is to other biofuel models since GreenShift owns its feedstock ‘wellheads’ (the extraction facilities) and has hedged its refining margins.
GreenShift’s technical services staff is available at 888-ETHANOIL or sales@greenshift.com to respond to quotation requests and to answer any questions about GreenShift’s corn oil extraction and other technologies.
About GreenShift Corporation
GreenShift Corporation (OTC Bulletin Board: GERS - News) develops and commercializes clean technologies that facilitate the efficient use of natural resources. GreenShift’s revenue model is based on the use of its proprietary technologies to become a leading producer of biomass-derived products, and to do so at reduced cost and risk by extracting and refining raw materials that other producers cannot access or process. Additional information is available online at www.greenshift.com.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of GreenShift Corporation and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contact:
GreenShift Corporation
Phone: 212-994-5374
Fax: 646-572-6336
Email: investorrelations@greenshift.com
Web: www.greenshift.com
or
CEOcast, Inc.
Gary Nash, 212-732-4300
So schafft ihr s wieder herrlich, diese gute Nachricht in die billigste Pusherecke zu stellen.
Manche kapieren s nie! Bitte Hirn einschalten, vielen Dank!
http://investorshub.advfn.com/boards/board.aspx?board_id=6303
In reply to: pwrballl who wrote msg# 6361 Post # of 6362
0.0108 Kauf: 4 460 000 Stück Um: Uhrzeit 15:04:54
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In reply to: General Grievous who wrote msg# 6366 Post # of 6367
It will gap and run tomorrow. Most of the float traded above .01.The float is tiny and alot of hares are still sitting in the .06 to .12 range. This stock can break .02 easy if we get MOMO like we had this Am. Todays news was huge for us.
GLTA - ALL IMO
http://messages.finance.yahoo.com/mb/GERS.OB
In reply to: None Post # of 6383
I see an out side chances of .05 - .06. Morning is going to be huge...
Join Date: Mar 2009
Posts: 226
Good Morning for all Investors - Biofuel is Future $$
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Germany Today, I think between 0,03 - 0,07+ Eurocent - GLTA - All IMO
http://www.energy.gov/news2009/7375.htm
May 5, 2009
Secretary Chu Announces Nearly $800 Million from Recovery Act to Accelerate Biofuels Research and Commercialization
New green jobs a benefit of effort to end dependence on foreign oil
WASHINGTON, D.C. — As part of the ongoing effort to increase the use of domestic renewable fuels, U.S. Secretary of Energy Steven Chu today announced plans to provide $786.5 million from the American Recovery and Reinvestment Act to accelerate advanced biofuels research and development and to provide additional funding for commercial-scale biorefinery demonstration projects.
“Developing the next generation of biofuels is key to our effort to end our dependence on foreign oil and address the climate crisis -- while creating millions of new jobs that can't be outsourced,” Secretary Chu said. “With American investment and ingenuity -- and resources grown right here at home -- we can lead the way toward a new green energy economy.”
The DOE biomass program will leverage DOE’s national laboratories, universities, and the private sector to help improve biofuels reliability and overcome key technical challenges, with the goal of creating third-generation biofuels like green gasoline, diesel, and jet fuels.
The $786.5 million in Recovery Act funding is a mix of new funding opportunities and additional funding for existing projects. It will be allocated across four main areas:
$480 million solicitation for integrated pilot- and demonstration-scale biorefineries
Projects selected under this Funding Opportunity Announcement will work to validate integrated biorefinery technologies that produce advanced biofuels, bioproducts, and heat and power in an integrated system, thus enabling private financing of commercial-scale replications.
DOE anticipates making 10 to 20 awards for refineries at various scales and designs, all to be operational in the next three years. The DOE funding ceiling is $25 million for pilot-scale projects and $50 million for demonstration scale projects.
These integrated biorefineries will reduce dependence on petroleum-based transportation fuels and chemicals. They will also facilitate the development of an "advanced biofuels" industry to meet the federal Renewable Fuel Standards.
$176.5 million for commercial-scale biorefinery projects
$176.5 million will be used to increase the federal funding ceiling on two or more demonstration- or commercial-scale biorefinery projects that were selected and awarded within the last two years.
The goal of these efforts is to reduce the risk of the development and deployment of these first-of-a-kind operations. These funds are expected to expedite the construction phase of these projects and ultimately accelerate the timeline for start up and commissioning.
$110 million for fundamental research in key program areas
The Biomass Program plans to use $110 million to support fundamental research in key program areas, distributed in the following manner:
o Expand the resources available for sustainability research through the Office of Science Bioenergy Research Centers and establish a user-facility/small-scale integrated pilot plant ($25 million);
o Create an advanced research consortium to develop technologies and facilitate subsequent demonstration of infrastructure-compatible biofuels through a competitive solicitation ($35 million); and
o Create an algal biofuels consortium to accelerate demonstration of algal biofuels through a competitive solicitation ($50 million).
This funding will help to develop cutting-edge conversion technologies, including generating more desirable catalysts, fuel-producing microbes, and feedstocks.
$20 million for ethanol research
The Biomass Program is planning to use $20 million of the Recovery Act funding in a competitive solicitation to achieve the following:
o Optimize flex-fuel vehicles operating on high octane E85 fuel (85 percent ethanol, 15 percent gasoline blend);
o Evaluate the impact of higher ethanol blends in conventional vehicles; and
o Upgrade existing refueling infrastructure to be compatible with fuels up to E85.
For more information on these and other Recovery Act related funding opportunities, visit energy.gov/recovery. Media contact(s):
(202) 586-4940
Die US Regierung forciert die Forschung in Biokraftstoff! Mit fast 1 Mrd US$!! Und GERS ist dabei!!