Yesterday Greenshift announced that a Notice of Allowance was issued by the U.S. Patent and Trademark Office for GreenShift’s third patent on its corn oil extraction technologies. This patented corn oil extraction technologies enables GreenShift and its licensees to “drill” into the backend of corn ethanol plants to tap into the present reserve of inedible crude corn oil that has been historically trapped in the distillers grain co-product of ethanol production.
David Winsness, GreenShift’s chief technology officer, said that “we are excited to be receiving this third patent as it further strengthens our first mover technology position. While we have many additional applications pending, our issued patents are generally directed to mechanical extraction of oil from concentrated stillage.”
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About GreenShift Corporation
GreenShift Corporation develops and commercializes clean technologies designed to address the financial and environmental needs of its clients by decreasing raw material needs, facilitating co-product reuse, and reducing the generation of wastes and emissions.
GreenShift’s mission is to build shareholder value by using its technologies to catalyze disruptive environmental gain. GreenShift believes that the first, best and most cost-effective way to achieve this is to develop technology-driven economic incentives that motivate large populations of people and companies to make incremental environmental contributions that are collectively very significant.
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