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Whats New at ICM

ICM, Inc. Announces Contract with Pacific Ethanol, Inc. on Purchase & Full-Scale Commercial Installation of its Selective Milling Technology™ (SMT™)

 

(Colwich, Kan. –February 5, 2014) – ICM is pleased to announce that Pacific Ethanol, Inc. has purchased its patent-pending Selective Milling Technology™ for installation at the Pacific Ethanol Magic Valley plant in Burley, Idaho. SMT™ is a value-added platform technology that increases ethanol yield, reduces viscosity and increases oil recovery for its customers.

Tom Ranallo, Vice President of Operations for ICM, Inc., said, “SMT™ is providing our customers, and the industry, with a new standard for ethanol yields, oil recovery yields, and overall plant efficiencies. We are excited to continue our relationship with Pacific Ethanol, Inc, and look forward to partnering with them to help realize their performance goals.”

Neil Koehler, Pacific Ethanol, Inc. president and CEO, stated, “We are committed to increasing our product yields, diversifying our revenue streams and improving profitability. We began commercial corn oil production with an ICM-designed system at our Magic Valley plant in mid-2013. SMT complements these operations by increasing both corn oil and ethanol yields and positions our Magic Valley plant for the potential future production of advanced biofuels that builds upon the SMT platform.”

With the agreement for purchase and full-scale installation at Pacific Ethanol Magic Valley, there are now fifteen ethanol plants in North America either running or under contract to run ICM’s Selective Milling Technology™, raising total throughput for ICM and its partner in this yield enhancement technology, Fluid Quip Process Technologies, to over 1,500,000,000 gallons of ethanol production per year.

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FOR IMMEDIATE RELEASE
 
Contact:
Deborah Bolen, ICM, Inc.
316-977-6882 Office.

 

 

ICM, Inc. Announces Contract with Louis Dreyfus Commodities LLC on Two Purchases & Full-Scale Commercial Installations of its Selective Milling Technology™ (SMT™)

(Colwich, Kan. –February 3, 2014) – ICM is pleased to announce that Louis Dreyfus Commodities LLC has purchased its patent-pending Selective Milling Technology™ (SMT™) for both of its North American ethanol plants: Louis Dreyfus Commodities Grand Junction, LLC, located in Grand Junction, Iowa, and Elkhorn Valley Ethanol, LLC, located in Norfolk, Nebraska. SMT™ is a value-added technology that increases ethanol yield, reduces viscosity and increases oil recovery.

Chris Mitchell, president of ICM, Inc., said, “ICM is very pleased to continue offering SMT™ as a yield enhancement solution for our ethanol plant customers. SMT™ is ICM’s platform technology to our proprietary Fiber Separation Technology™ and Generation 1.5™ Technology. We appreciate the opportunity to work with Louis Dreyfus Commodities, a global merchandiser of commodities and processor of agricultural goods.”

Bruce R. Chapin, Vice President – Chief Operating Officer, North American Region, said, “Our ethanol plants are both located in areas of high feedstock production and we are committed to responsibly investing in these assets to give them further strategic advantages in the industry. We are excited to choose Selective Milling Technology™ as a value-added technology not only because of its proven ability to increase ethanol and oil recovery yields, but also because of the potential we see with ICM’s line of sight that builds upon the SMT™ platform.”

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FOR IMMEDIATE RELEASE
 
Contact:
Deborah Bolen, ICM, Inc.
316-977-6882 Office.

 

 

ICM, Inc. Announces Signed Letter of Intent with IGPC Ethanol, Inc. as the First Canadian Adopter of Generation 1.5™ Technology

(Colwich, Kan. –December 16, 2013)– ICM is pleased to announce that IGPC Ethanol, Inc. of Ontario, Canada, has signed a Letter of Intent to be the First Canadian Adopter of ICM’s Generation 1.5™ technology. Today’s milestone announcement will enable IGPC Ethanol to produce corn fiber cellulosic ethanol.

ICM has devised a line of sight for corn and other grain-based ethanol plants to create staged, platform technologies that not only enhance a plant’s efficiencies and diversify co-product opportunities, but also serve as building blocks to advance toward the next technology. Each new stage of technology advancement can be cost- justified as each one is added. ICM’s Generation 1.5™ Technology introduces a cellulosic ethanol production capability by adding ICM’s Fiber Separation Technology™ (FST™) building block onto IGPC Ethanol’s current ICM Selective Milling Technology ™ (SMT™) platform. Once the FST™ and SMT™ platforms are in place, the Generation 1.5™ technology can be added. Development of ICM’s Generation 1.5™ technology was funded, in part, by a U.S. Department of Energy BioEnergy Technology Office contract that ICM was awarded through the American Recovery and Reinvestment Act of 2009.

ICM CEO Dave Vander Griend said, “ICM is very excited to announce that IGPC Ethanol is the First Canadian Adopter plant of our Generation 1.5™ technology. We appreciate the opportunity to continue working with IGPC Ethanol to meet their goals of diversifying their ethanol plant and improve their bottom line. Today’s announcement illustrates how IGPC Ethanol is leading the industry into producing corn fiber cellulosic ethanol.”

Jim Grey, CEO of IGPC Ethanol, Inc., said, “Through our previous collaboration with ICM, we believed it was important to continue down the path of obtaining their critical platform technologies that are necessary for making a sustained impact on agriculture and economic development within our region.”

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FOR IMMEDIATE RELEASE
 
Contact:
Monique Garcia, ICM, Inc.
316-977-6508/316-239-8152 (Cell)

 

 

 

ICM, Inc. Announces Contract with Patriot Renewable Fuels, LLC on Purchase & Full-Scale Commercial Installation of its Selective Milling Technology™ (SMT™)

(Colwich, Kan. –October 17, 2013) – ICM is pleased to announce that Patriot Renewable Fuels LLC of Annawan, IL, has purchased its patent-pending Selective Milling Technology™. SMT™ is a value-added ICM platform technology investment that increases ethanol yield, reduces viscosity and increases oil recovery for its customers.


ICM President Chris Mitchell said, “It gives us great pleasure to announce the purchase of our Selective Milling Technology™ by Patriot Renewable Fuels. Today we celebrate two milestones – the first which illustrates ICM’s ability to provide our customers with this technology towards increasing the yield of more than one billion gallons of annual ethanol production. The second milestone we celebrate is Patriot’s five year anniversary as an ethanol producer, and as a solid contributor to the economic growth of Annawan and the surrounding region. We’re thrilled to continue delivering this successful yield enhancement solution that can improve our customers’ bottom line and strengthen their communities.”


Patriot Renewable Energy CEO Gene Griffith said, “We are excited to choose ICM’s SMT™ as a platform technology investment that delivers value-added product streams to our plant. Our recent open house celebration commemorated five years of operation, and it allowed us the opportunity to recognize the tremendous contributions that our farmers have made in creating an increased value for corn. As an independent producer, we have been thrilled to produce and globally export high quality dried distillers grains (DDGs), and stimulate economic growth of our community and beyond. Years ago, when we chose ICM to design our plant, we knew that the initial 100 MGY nameplate capacity could be surpassed because of their commitment to our success.”


Patriot Renewable Fuels general manager Rick Vondra added, “Today, we are a 120 MGY producer that draws upon the strength of ICM’s revolutionary platform technology and the ability of SMT™ to increase our ethanol yields, increase oil recovery yields, and ultimately increase our revenues. With our 200 local/Midwestern investors, we’ll harness that strength and continue to make an impact on agriculture and economic development.”


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FOR IMMEDIATE RELEASE
 
Contact:
Monique Garcia, ICM, Inc.
316-977-6508/316-239-8152 (Cell)