Alternative Fuel
GreenShift to Install Corn Oil Extraction System and Biodiesel Plant at Volney, New York, Complex
GreenShift Corporation (OTC:GERS) (New York, New York) and newly formed subsidiary GS Fulton Biodiesel LLC (Alpharetta, Georgia) are proceeding with plans to...
Released Thursday, July 10, 2008
Researched by Industrial Info Resources (Sugar Land, Texas)-- GreenShift Corporation (OTC:GERS) (New York, New York) and newly formed subsidiary GS Fulton Biodiesel LLC (Alpharetta, Georgia) are proceeding with plans to install a corn oil extraction system and biodiesel production plant at the Northeast Biofuels complex, which will soon go into operation in Volney, New York.
Construction is expected to start in October and take four and a half months to complete. The plant will also produce about 8% of glycerin for every gallon of biodiesel generated.
In May, the company also acquired the NextDiesel biodiesel plant in Adrian, Michigan. The 30 million-gallon-per-year plant has been in operation since summer 2007.
The company has oil extraction systems in operation in Culberson, Montana; Oshkosh, Wisconsin; and Medina, New York. Additional corn oil extraction systems are currently under construction in Marion, Indiana; Riga, Michigan; Lakota, Iowa; Milton, Wisconsin; and Richardton, North Dakota.
GreenShift's goal is to have at least 15 million gallons per year of corn oil extraction capacity, 20 million gallons per year of biodiesel production capacity, and 16 million gallons per year of oilseed crushing capacity online by the end of 2008, and at least 50 million gallons per year of corn oil extraction capacity, 50 million gallons per year of biodiesel production capacity, and 16 million gallons per year of oilseed crushing capacity online by the end of 2009.
Industrial Info's Ethanol Database provides a comprehensive outline of all current development activities in the emerging alternative fuels market. This database covers 156 ethanol plants in operation and 530 plants under development. It also covers 98 operational biodiesel plants and 245 biodiesel plants under development.
View Plant Profile - 1016247 1071880
Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services.
/news/article.jsp
false
Want More IIR News Intelligence?
Make us a Preferred Source on Google to see more of us when you search.
Add Us On GoogleAsk Us
Have a question for our staff?
Submit a question and one of our experts will be happy to assist you.
Forecasts & Analytical Solutions
Where global project and asset data meets advanced analytics for smarter market sizing and forecasting.
Learn MoreRelated Articles
-
Spring 2026: Fading La Niña, Western Drought Risk, Eye on Hu...February 24, 2026
-
IIR's February 23 Market Scorecard Brings You Breaking Geopo...February 23, 2026
-
U.S. Threatens to Leave International Energy Agency over Cli...February 23, 2026
-
U.S. Supreme Court Strikes Down Trump's TariffsFebruary 20, 2026
Industrial Project Opportunity Database and Project Leads
Get access to verified capital and maintenance project leads to power your growth.
Learn MoreIndustry Intel
-
2026 Regional Chemical Processing OutlookOn-Demand Podcast / Mar. 2, 2026
-
From Data to Decisions: How IIR Energy Helps Navigate Market VolatilityOn-Demand Podcast / Nov. 18, 2025
-
Navigating the Hydrogen Horizon: Trends in Blue and Green EnergyOn-Demand Podcast / Nov. 3, 2025
-
ESG Trends & Challenges in Latin AmericaOn-Demand Podcast / Nov. 3, 2025
-
2025 European Transportation & Biofuels Spending OutlookOn-Demand Podcast / Oct. 27, 2025