Abstract: A process and system are provided for the separation of a fermentation process byproduct into its constituent components and for the subsequent recovery of those constituent components. The process is remarkably simple--requiring only 1) heating of a mixture containing the byproduct so as to separate the oil from a base component of the byproduct to which the oil is bound, followed by 2) recovering the base product, oil, and possibly other substances such as molasses from the mixture. The process can be performed on a large scale and in a continuous fashion using a mechanical separator to recover fibers from a heated mixture to produce a solids stream and a liquor stream and by then removing oil and insoluble substances from the liquor stream in an evaporator assembly.