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Technology Stocks : VRDM - Veridium Corporation

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To: rrufff who wrote (28)3/26/2006 10:45:45 PM
From: Crabbe   of 133
 
Here is an explanation of Veridium's packing plant waste processing technology.

It provides a negative cost biodiesel feed stock as Veridium is paid for reducing the volume of Dissolved Air Flotation ("DAF") sludge. Veridium extracts the fats from this sludge, reducing the volume of DAF that must be disposed of by land application.

waterandwastewater.com

New : Veridium's "Chicken Fat" to Fuel Process
By Ed Lewis

NEW YORK, NY -- Veridium Corporation and Mean Green BioFuels Corporation today announced their plans to joint venture on the conversion of fats from livestock and poultry facility wastes into biodiesel fuel.

Dissolved Air Flotation Sludge

About 100 million pigs, 35 million cattle, 1.6 billion turkeys, and 8 billion chickens are slaughtered and processed each year in the United States. This contributes to the nation's meat and poultry supply and involves the activities of farms, slaughterhouses, and by-product disposal companies. Virtually every portion of the processed animals are used in edible food products, pet food or commercial feed.

The USDA requires facilities that process these meats to use large volumes of clean water to continuously rinse the meats as they are cut and packaged. The derivative large volumes of water contain extremely high levels of protein and fat. These nutrients are removed from the wastewater using conventional but highly efficient wastewater processing methods. This results in a cleaned wastewater and a concentrated sludge, which is called Dissolved Air Flotation ("DAF") sludge. The poultry industry alone generates in excess of 2.5 billion pounds or more than 63,000 tanker loads per year of DAF sludge.

The conventional practice among the more than 500 livestock and poultry processing facilities in the industry is to transport and dispose DAF sludge through land application.

This Truck Runs on DAF Sludge

Veridium's proprietary DAF sludge processing technology effectively reduces the volume of DAF sludge by 80% while recovering the majority of the animal fats contained in the sludge. Veridium's technology enables livestock and poultry processing facilities to dramatically reduce the volume of sludge they are shipping and disposing. This translates to reduced costs and increased profitability for livestock and poultry processing facilities. Poultry processing facilities alone will generate in excess of 50 million gallons or 10,000 tanker loads per year of this fat when utilizing Veridium's process, and this fat can be cost-effectively converted into biodiesel fuel.

David Winsness, president and chief operational officer of Veridium's new technology division, said that "this is where our alliance with Mean Green is important - Veridium is providing its technology to these facilities for no up-front cost in return for fixed long-term annuities tied to a percentage of how much we reduce their waste handling costs. Mean Green will then purchase the oil recovered from the fat in the DAF sludge and convert in into biodiesel fuel."

Winsness added "each installation of this technology helps the agricultural industry to increase their profits by dramatically reducing waste disposal costs and by producing biodiesel. This then helps to increase job creation, to reduce America's dependence on foreign oil, and to reduce the emission of harmful greenhouse gases because biodiesel does not contain petroleum hydrocarbons."

Veridium is showcasing its new DAF sludge recycling and other technologies at the 2006 International Poultry Expo this week in Atlanta, Georgia. Veridium and Mean Green are both portfolio companies of GreenShift Corporation (OTC Bulletin Board: GSHF).

About Veridium Corporation

Veridium Corporation is a publicly traded industrial waste recycling company and holds the rights to more than a dozen proprietary universal processing, water purification, emissions control and waste recycling technologies.
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