We develop and implement clean technologies designed to integrate into and leverage established production infrastructure and distribution channels to address the financial and environmental needs of our clients by decreasing raw material needs, facilitating co-product reuse, and reducing the generation of wastes and emissions.
Our mission is to build shareholder value by using our technologies to catalyze disruptive environmental gain. We believe that the first, best and most cost-effective way to achieve this is to develop technology-driven economic incentives that motivate a large population of people and companies to make incremental environmental contributions that are collectively very significant.
Our plan to achieve this goal is based on the extraction, beneficiation and refining of biomass-derived co-products that create value-added renewable energy production opportunities capable of shaving meaningful amounts of carbon and cost off of existing liquid fuel supply chains.
We have invented, developed and commercialized powerful new cleantech that enables us to drill into the back-end of first generation corn ethanol plants to tap into a proven reserve of inedible crude corn oil with an output exceeding 20 million barrels per year. This corn oil is an extraordinarily valuable second generation feedstock for use in the production of biodiesel and renewable diesel, advanced carbon-neutral liquid fuels.
Our patented and patent-pending Corn Oil Extraction Technologies are widely considered to be the quickest and best path for margin improvement for first generation corn ethanol producers today. Our extraction technologies increase biofuel yields per bushel of corn by 7% while reducing the energy and greenhouse gas (GHG) intensity of corn ethanol production by more than 21% and 29%, respectively. These benefits correspond to increased ethanol producer income of about $0.12 per gallon of ethanol produced at current market prices, and can be realized for less than 10% of the capital cost of the host ethanol plant. No technologies have ever been developed for corn ethanol producers that begin to approach even a fraction of these results in the entire history of the ethanol industry.
Over 20% of the industry is currently using our patented and patent-pending extraction technologies. At full participation by the ethanol industry, our technologies can give way to the disruptive gains that GreenShift was founded to achieve by producing globally-meaningful quantities of carbon-neutral liquid fuels for distribution through existing supply chains and combustion in our nation's boilers, generators and engines; displacing more than 20 million barrels per year of crude oil; saving up to 10 trillion cubic feet per year of natural gas; eliminating tens of millions of metric tons of greenhouse gas emissions per year; and infusing up to a billion dollars per year of cash flow into the corn ethanol industry - the foundation of North America’s renewable fuel production capability.
We are focused on building value for our shareholders today by financing and integrating our extraction technologies into as much of the ethanol fleet as possible. We also maintain our strong commitment to continued innovation. We have many additional patents pending on our portfolio of strategically compatible cleantech, including a number of feedstock conditioning, feedstock production and refining, and carbon mitigation technologies.
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