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(Green Plains/Ethanol Producer Magazine) Green Plains Inc. and Ospraie Management today announced that recently acquired Fluid Quip Technologies is engineering and constructing a fully scalable commercial Clean Sugar Technology production facility at the Green Plains York Innovation Center. This technology effectively transforms a dry milling facility into a clean sugar biorefinery where dextrose/glucose replaces ethanol as the primary product.
“Over the past two years, Green Plains has made strategic investments to dramatically transform our business into a leading, technology-focused producer of sustainable, value-added ingredient solutions,” said Todd Becker, president and CEO of Green Plains. “Fluid Quip is leveraging our York Innovation Center to validate and develop technologies, beginning with their patented CST system. We believe this technology will provide industrial quantities of carbohydrate feedstock for manufacturing applications in the growing biochemical, rene
Co-located on the York, Neb. biorefinery campus, the Green Plains York Innovation Center was originally built by the previous owners for over $70 million. It is comprised of pilot and industrial scale fermentation systems which have been utilized for various functions including sugar based cellulosic fuel developments, algae production, yeast fermentation processes, as well as antimicrobial scale up for third party customers. A world class analytics lab allows for rapid testing of process yields and efficiencies. Additionally, the York Innovation Center has downstream separation equipment which is ideal for testing enhancements to the CST system, as well as the MSC™ technology. Green Plains expects the initial CST project at the York Innovation Center to begin production by the end of the first quarter.
Looking for some good news? Well, look no further as hot off the press is good news from several Hot50 winners starting with plant-based omega-3 pioneers, Qualitas Health, DBA iwi, which has secured $10 million in venture funds at a $73 million post-money valuation, to accelerate growth and build their unique plant-based protein. And Fluid Quip getting a majority stake investment from Green Plains, Neste acquiring a minority stake in Alterra Energy, and further announcements from Novozymes (Innova Yeast), Kula Bio, Enerkem and other Hot50 winners help explain why they are on the 2021 Digest’s Hot50 list.
In today’s Digest, details on iwi’s new investment round and a dive into the latest Hot50 announcements that give us excitement about the now and hope for the future.