GreenShift licenses corn oil extraction process to Sunoco
26 June 2011
GreenShift Corporation has licensed its patented technology to Sunoco for extraction of corn oil (earlier post) from a co-product of Sunoco’s corn ethanol manufacturing facility in Fulton, New York. The recovered corn oil is a raw material for use in the manufacturing of biodiesel and other products.
GreenShift’s corn oil extraction improves the profitability, energy efficiency and carbon footprint of ethanol plants. GreenShift’s extraction process gives Sunoco the ability to contribute to the production of a second renewable fuel (biodiesel) from every kernel of corn that is refined into ethanol.
Sunoco additionally awarded GreenShift the construction project to design and install the equipment.
Sunoco is a leading transportation fuel provider with operations located primarily in the East Coast and Midwest regions of the United States. The company sells transportation fuels through more than 4,900 branded retail locations in 23 states.
Sunoco is also the General Partner and has a 31% interest in Sunoco Logistics Partners, L.P., a publicly traded master limited partnership which owns and operates 7,600 miles of refined product and crude oil pipelines and approximately 40 active product terminals. Through SunCoke Energy, Sunoco makes high-quality metallurgical-grade coke for major steel manufacturers.
the production of a second renewable fuel (biodiesel) from every kernel of corn that is refined into ethanol
This seems like a good idea. If you do not need all the corn oil then use it for fuel.
Posted by: SJC | 26 June 2011 at 06:06 PM
Not very good news. If this process is done on a massive scale, the price of edible corn cooking oil, margarine and many other food products will double again. Of course, the price of butter will follow.
Posted by: HarveyD | 27 June 2011 at 08:16 AM