Veridium sells corn oil extraction technology

By | May 01, 2006
GreenShift Corp. subsidiary Veridium Corp. announced the receipt of its fourth order from an ethanol producer for use of Veridium's patent-pending corn oil extraction system. The back-end corn oil extraction method can recover up to 75 percent of the corn oil in distillers grains. Veridium has received orders from Glacial Lakes Energy LLC, Granite Falls Energy LLC, and two plants in Illinois and Wisconsin, according to David Winsness, CEO of Veridium's industrial design division. He said there is about a six-month leeway from contract signing to plant installation.