Corn Oil
We began implementing corn oil extraction technology at our six legacy ethanol plants. We expect the implementation of corn oil extraction will be completed by the end of the second quarter of 2011. As of December 31, 2010, we were operating corn oil extraction systems at our Lakota, Obion, Ord and Riga plants. The corn oil systems we are installing are designed to extract non-edible corn oil from the thin stillage evaporation process immediately prior to production of distillers grains. The corn oil product is primarily marketed as a livestock feed supplement or to the biodiesel market.
Other industrial uses for corn oil include feedstock for rubber substitutes, rust preventatives, inks, textiles, soaps and insecticides. Our corn oil is primarily sold to biodiesel manufactures and, to a lesser extent, feed lot and poultry markets. We generally transport our corn oil by truck to locations in a close proximity to our ethanol plants, primarily in the southeastern and midwestern regions of the U.S. We expect to produce approximately 100 million pounds of corn oil once all plants have the technology installed.
For more information on purchasing corn oil from us, please contact:
Corn Oil Merchandiser
Phone: 402.884.8700 Ext. 1671
