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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)