EcoSystem will be focused on the operation and development of assets and is actively looking for opportunities in which to deploy its technologies. To more effectively manage these opportunities, EcoSystem intends to utilize the services of Global Ethanol to manage and market all its assets and products.
Global Ethanol, LLC operates two corn based ethanol plants for a production total of 160 million gallons per year located in Riga, MI and Lakota, IA. Global is experienced in construction, start-up, and operations and maintains a strong differentiator of all internalized functions and services with collective experience in ethanol production, plant management, grains procurement, ethanol marketing, risk management and project development.
GreenShift Corporation develops and commercializes clean technologies that facilitate the efficient use of natural resources. GreenShift does this today by developing and using innovative technologies to produce biomass-derived and other carbon-neutral products at enhanced cost and risk profiles by extracting and refining raw materials that other producers cannot access or process.
GreenShift’s patent-allowed 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 million gallons of corn oil per year for every 100 million 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 and about a 21% reduction in the energy utilization of ethanol production. And, by reducing the energy use at the ethanol plant and refining biofuel from the recovered corn oil, which would otherwise go to animal feed, not energy, the greenhouse gas emissions attributed to ethanol production are reduced by an incredible 29%. GreenShift owns a number of corn oil extraction facilities and is under contract to install additional facilities corresponding to more than 40 million gallons per year of corn oil at ethanol facilities throughout the U.S.
GreenShift has also invested in several other technologies, including the technologies licensed to EcoSystem for its Cellulosic Corn™ portfolio. These technologies include a number of (a) feedstock conditioning, (b) oil production, extraction and refining, and (c) energy and carbon mitigation technologies.