[link|http://en.wikipedia.org/wiki/Meat_slurry|http://en.wikipedia.org/wiki/Meat_slurry]
Found on the way to reading about 'mechanically separated meat':
"A meat slurry, or emulsified meat, is a liquefied meat product that contains less fats, pigments and myoglobin than unprocessed dark meats. Meat slurry also eases the process of meat distribution and is more malleable than dark meats.
Meat slurry is not designed to sell for general consumption; rather, it is used as a meat supplement in food products, such as chicken nuggets."
Ah, nuggets. Dipped in your favorite chem..er... BBQ sauce, tasty! I'm lovin' it.