MTBE, or methyl tertiary butyl ether, is blended with gasoline to enhance its oxygen content and it accounts for about 10 percent of the volume of every gallon of gasoline with which it is blended. This is equal to about 1.4 percent of the nationwide supply. Many gasoline marketers are planning to eliminate their use of MTBE once the oxygenate requirement lapses on May 5 due to the fact that the Energy Policy Act of 2005 didn't protect MTBE producers from past or future groundwater contamination lawsuits. Additionally, the new Renewable Fuel Standard holds refiners to a baseline use of renewable fuels such as ethanol of 4 billion gallons in 2006 and increasing to 7.5 billion gallons by 2012. The Energy Department estimates that 130,000 barrels per day of extra ethanol will be needed beginning May 5, an amount equal to almost 50 percent of current output. Winsness concluded: "According to the Renewable Fuels Association, the ethanol industry has been planning for this transition for some time and producers have taken the necessary steps to respond to the increased demand. We are excited and grateful for the opportunity to provide our ethanol clients with additional options to meet the increased demand in cost-effective and rapid ways." About Veridium's Corn Oil Extraction System(TM) Veridium's Corn Oil Extraction System(TM) offers the following compelling benefits for ethanol producers: -- Low Operating Costs - the system requires less than $0.05 per gallon of corn oil produced; -- High Recovery Rates - the technology is capable of recovering up to 75% of the corn oil within the DDG; -- Increased Revenue - the corn oil extracted with Veridium's technology is readily amenable to refining into biodiesel fuel which creates a new revenue stream for participating ethanol facilities; (责任编辑:泉水) |