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ICM, Inc. and The Andersons, Inc. Revolutionize the Ethanol Industry with ELEMENT

FOR IMMEDIATE RELEASE

Contact:

Jeff Scharping, ICM, Inc.

Jeff.Scharping@icminc.com, +1 316-977-6833

 

ICM, Inc. and The Andersons, Inc.

Revolutionize the Ethanol Industry with ELEMENT

 

(Colwich, Kan. – March 6, 2018) –ICM, Inc., a global leading biofuels process technology provider, and The Andersons, Inc., a publicly-traded company with diverse interests encompassing a variety of agribusinesses, announced today that they are partnering to own and construct ELEMENT, LLC, a 70 MGY bio-refinery located in Colwich, Kansas. This strategic collaboration will build and operate the most advanced ethanol plant in the world featuring ICM’s cutting edge technologies. The combination of ICM’s next-generation technologies, the merchandising, risk management and logistics expertise of The Andersons, and the demonstrated operational excellence of both companies will result in the production of the highest yielding, most profitable, and lowest carbon ethanol gallon in the United States ethanol industry today.

Utilizing ICM’s Advanced Gasification Technology™, ELEMENT will use waste wood to drive a combined heat and power generator that will offset more than 70% of the natural gas requirements and as much as 80% of the electrical demand.

Beyond this breakthrough technology, ELEMENT will include the latest versions, primarily manufactured in ICM’s world-class manufacturing facilities, of ICM’s proven proprietary technologies for corn ethanol, Selective Milling Technology V2™ (SMT V2™) and Fiber Separation Technology Next Gen™ (FST Next Gen™). ICM’s patented SMT V2™ is an innovative grind system designed to maximize ethanol and distillers corn oil production. ICM’s patented FST Next Gen™ enables higher corn ethanol production, increases distillers corn oil yield, and separates the fiber from the process.

The separated fiber provides the feedstock for the patent-pending Generation 1.5 Grain Fiber to Cellulosic Ethanol Technology™ (Gen 1.5). The ICM Gen 1.5 cellulosic process will produce more than 5 MGPY of cellulosic ethanol which is expected to be the largest corn fiber to cellulosic ethanol plant in the world. ELEMENT will also produce unique high valued animal feed products which will bring significant value to ELEMENT and to customers.

These technologies will result in ethanol yields that exceed 3.10 gallons per bushel. The carbon index of both the corn and cellulosic ethanol will be industry leading and demonstrates both ICM’s and The Andersons’ commitment to environmental sustainability. The ethanol produced by ELEMENT will be sold primarily in California under the state’s progressive Low Carbon Fuel Standard and will position ELEMENT to participate in other emerging low-carbon markets.

ICM began preparing the plant site in late fall 2016. Construction and manufacturing will begin in early 2018 with the first phase of start-up scheduled for spring 2019. ELEMENT is expected to be fully operational by year end 2019.

Chris Mitchell, ICM President said, “The Andersons and ICM share a common vision. We strive to utilize our combined experience and expertise to build and grow businesses that operate in the top percentile of their industries. By positioning ELEMENT in such a way to take advantage of what both companies do best, we expect that this company will be the leader in the ethanol industry well into the future.”

Dave VanderGriend, ICM founder and CEO concluded, “This collaboration brings two leading players in the corn-ethanol industry together. At the core, we have similar values, similar expectations of excellence, and the same relentless drive to improve our businesses, our people, and our communities.”

“This investment executes on several of our stated strategic priorities, such as operating highly efficient and profitable ethanol production facilities, increasing capacity under management, developing new technologies with higher value co-products and expanding our fee based services offering.” said Pat Bowe, CEO of The Andersons.

About ICM, Inc.

Established in 1995 and headquartered in Colwich, Kan., with a regional office in Brazil, ICM, Inc. provides innovative technologies, solutions, and services to sustain agriculture and to advance renewable energy, including ethanol and feed technologies that will increase the supply of world protein. By providing proprietary process technologies to over 100 facilities globally with a combined production capacity of approximately 8.8 billion gallons of annual ethanol production and 25 million tons of annual distillers grains, ICM has become a world leader in bio-refining technologies. For additional information, please visit www.icminc.com.  

About The Andersons, Inc.
Founded in Maumee, Ohio, in 1947, The Andersons is a diversified company rooted in agriculture, conducting business across North America in the grain, ethanol, plant nutrient and rail sectors. The Andersons Ethanol Group operates ethanol plants in Albion, Mich.; Clymers, Ind.; Greenville, Ohio; and Denison, Iowa. The four plants combined are capable of producing over 475 million gallons of ethanol annually. For additional information, please visit www.andersonsinc.com

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Two Global Leaders, Mitsubishi Chemical and ICM, Inc. Announce Strategic Marketing Collaboration to Provide “ZEBREXTM” Dehydration Technology to Fuel Ethanol Industry in the United States

Two Global Leaders, Mitsubishi Chemical and ICM, Inc. Announce Strategic Marketing Collaboration to Provide “ZEBREXTM” Dehydration Technology to Fuel Ethanol Industry in the United States

Colwich, Kansas, Wednesday, February 21, 2018

Tokyo, Japan, Thursday, February 22, 2018

Today, Mitsubishi Chemical Corporation (MCC) and ICM, Inc. (ICM) announced a strategic marketing collaboration to provide “ZEBREXTM” to the fuel ethanol industry in the United States. ZEBREXTM will improve production capacity and reduce energy costs through the use of proven state-of-the-art zeolite membrane dehydration technology. MCC and ICM including Matheson Tri-Gas, Inc., who has been MCC’s ZEBREXTM marketing partner in the US, will collaborate to market, engineer and provide turnkey solutions for ZEBREXTM within the United States.

ZEBREXTM has been successfully proven at over 70 plants outside the United States, and offers more than 10 years of operational experience in bioethanol plants. ZEBREXTM is specifically designed for ease of use, energy efficiency, and has a smaller carbon footprint than traditional pressure swing adsorption or organic membranes.

“The ZEBREXTM team is excited about our new partnership with ICM,” said Hiroyuki Kakiuchi, Senior Manager and Group Manager of Mitsubishi’s ZEBREXTM business group. “This collaboration will enable Mitsubishi Chemical to deliver ZEBREXTM that will help our customers to improve or have the best technology with competitive cost.”

“Known for their engineering expertise, ICM develops processes to make ethanol production more efficient. Their strong technical and integration ability and experience in the fuel ethanol industry will help our customers to gain access to ZEBREXTM technology faster and easier without challenges,” said Kakiuchi. Multiple ethanol production facilities have already shown interest in ZEBREXTM since the announcement of this strategic collaboration.

“As the leading process design and technology company that has provided engineering, construction, and operational services for the majority of ethanol plants in North America, we look forward to collaborating with Mitsubishi Chemical,” said Steve Hartig, Vice President, ICM. “Combining our expertise and experience means that together, we can extend the reach of the most advanced dehydration technology, ZEBREXTM.”

 

Press Contacts

Public Relations and Investor Relations Office,

Mitsubishi Chemical Holdings Corporation

TEL: [+81] (0)3-6748-7140

 

ICM, Inc

Jeff Scharping, Director, Sales and Marketing

TEL: [+1] 316-977-6833

 

 

About Mitsubishi Chemical Corporation

Founded in 1933 and started as a new company by merger of old Mitsubishi Chemical, Mitsubishi Plastics and Mitsubishi Rayon, Mitsubishi Chemical Corporation (“MCC”) is Japan’s major chemical company and offers a wide variety of products and solutions in two business domains ― performance products and industrial materials. MCC believes “sustainability,” “health,” and “comfort” are key words in 21st century society, and aims to amalgamate its lineup of products and technologies into power of “chemistry” that can help reduce CO2, for example, and greatly contribute to solving the problems that face our global society.

 

About ICM, Inc.

Established in 1995 and headquartered in Colwich, Kan., ICM, Inc. (“ICM”), with a regional office in Brazil, provides innovative technologies, solutions, and services to sustain agriculture and to advance renewable energy, including ethanol and feed technologies that will increase the supply of world protein. By providing proprietary process technologies to over 100 facilities globally with a combined production capacity of approximately 8.8 billion gallons of annual ethanol production and 25 million tons of annual distillers grains, ICM has become a world leader in bio-refining technologies. As a full-service provider, ICM also offers a comprehensive line of more than 100 products and services tailored to make biofuels production more efficient and more profitable. ICM is further upholding its responsibility as an industry leader by heavily investing in the continued advancement of renewable energy technologies. In an effort to speed that advancement, ICM conducts research and performs evaluations at its pilot plant, laboratory and demonstration research facility in St. Joseph, Mo., U.S., in conjunction with a growing list of strategic collaborators and customers spanning multiple industries.

For more information, please visit icminc.com.

ICM Enters Brazilian Ethanol Marketplace Opening New Office

FOR IMMEDIATE RELEASE

 

ICM ENTERS BRAZILIAN ETHANOL MARKETPLACE OPENING NEW OFFICE

 

(Colwich, Kan. – October 5, 2017) – ICM, Inc., the premier biofuels process technology provider delivering innovative technologies, solutions, and services to sustain agriculture and to advance renewable energy throughout the world, is pleased to announce an opening of a regional office in the city of São Paulo, Brazil.

As an industry-leader in the development and optimization of ethanol technologies, ICM is in the process of hiring a team of employees to service the needs of the region.

ICM’s plans to develop enhanced operations in Brazil were initiated by the transformation taking place in the country. Today, Brazil’s strong agricultural economy, favorable growing conditions producing record corn yields, infrastructure development, and local demand for grains use in livestock productions and ethanol use are aligning to bring great opportunities within the country.

The demand for ethanol versus the current low production has created a gap of approximately 3 billion liters that is expected to grow to 5 billion liters by 2022. The solution to meet the bioenergy fuel needs of the country of Brazil can be found in areas with an abundance of corn. ICM believes a typical corn ethanol biorefinery in Brazil, based on local demand and infrastructure, can be constructed to produce 200 to 400 million liters of ethanol per year. This would indicate an opportunity for at least 25 corn ethanol biorefineries in Brazil complementing ethanol produced from sugarcane.

These type of biorefineries can bring an expected 100+ new jobs to the communities where they reside in the region as well as numerous indirect jobs and significant labor positions during its construction. At full rate, one 200 million liter biorefinery will originate over 500,000 metric tons of corn sourced primarily from the local area.

With a history dating back to the 1970s, ICM has been a pioneer in the biofuels industry, and today we are leveraging our intellectual property to provide customers around the world with the quality, integrity, service and innovation that can only come from the industry leader. ICM has designed and/or built over 100 plants in North America with an expanding presence in South America.

Most recently, ICM designed the FS Bioenergia ethanol biorefinery located in Mato Grosso, Brazil’s Corn Belt, near the city of Lucas do Rio Verde. ICM’s scope of work included providing technologies, engineering, proprietary equipment, and services. Technologies comprised the corn to ethanol process and two patent-pending processes to increase ethanol and oil yields, Selective Milling Technology™ and Fiber Separation Technology™. Services included on-site representations throughout the build, installation, start-up, and commissioning processes.

ICM looks forward to continued collaboration with FS Bioenergia to promote the economic growth of the region and Brazil by providing our process technologies and services to advance renewable energy.
“We see enormous business opportunity for both the agricultural community and the renewable fuels industry in Brazil,” said Tim Allen, VP Finance. “ICM has built relationships in the country evaluating the opportunities and are currently working with the financial markets and investors within the country to discuss the lucrative opportunities that exist.”

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About ICM, Inc.

Established in 1995 and headquartered in Colwich, Kan., ICM, Inc., provides innovative technologies, solutions, and services to sustain agriculture and advance renewable energy, including food and feed technologies that will increase the supply of world protein. By providing proprietary process technology to 106 facilities globally with a combined production capacity of approximately 8.8 billion gallons of annual ethanol production and 25 million tons of distiller’s grain feed co-products annually, ICM has become a world leader in bio-refining technology. The full-service provider also offers a comprehensive line of more than 100 products and services tailored to make biofuels production more efficient and more profitable. ICM is further upholding its responsibility as an industry leader by heavily investing in the continued advancement of renewable energy technologies. In an effort to speed that advance, ICM conducts research and testing at its state-of-the-art research facility in St. Joseph, MO, in conjunction with a growing list of strategic partners spanning multiple industries.

 

For more information, please visit icminc.com.

 

ICM’s Selective Milling Technology™ - New and Improved!

FOR IMMEDIATE RELEASE

Contact:
Debbie Harding, ICM, Inc.
316.977.6790
debbie.harding@icminc.com

ICM’s Selective Milling Technology™ - New and Improved!

Reducing energy required to free more starch for enzymes conversion to sugar

(Colwich, Kan. – March 15, 2017) – With a significant decrease in the electrical load requirement, same production yields and new opportunities for improved operations, ICM is proud to announce a new advanced design of ICM’s Selective Milling Technology™ (SMT™).

This proven technology allows plants to produce increases of up to 3% ethanol yield and up to 15% distiller’s oil recovery, and ultimately, increased revenues. Now with this technological advancement, ICM’s new design provides up to a 50% reduction in SMT™ system connected horsepower, while providing an opportunity to dramatically change the grind profile and to reduce suspended solids throughout the plant.

SMT™ is a platform technology that frees more starch critical for enzyme conversion to sugar by selectively targeting and flaking larger starch particles into smaller ones; or separating starch away from fiber, protein, or fats. Using a newly designed proprietary milling device, the new and improved SMT™ allows plants to take advantage of these benefits while also maximizing efficiencies by reducing the added energy needed. ICM’s Technology Development team developed this latest upgrade by evaluating various equipment designs available that can perform the necessary processes, and by leveraging ICM’s ability to partner with multiple equipment manufacturers.

“ICM’s new and improved SMT™ process offers tremendous value in itself, and ICM’s bolt-on technologies are the leading upgrades to position your corn ethanol plant for the next technological innovation,” stated Steve Hartig, Vice President, Technology Development. As a platform technology SMT™ is a starting point, with the next step being ICM’s patented Fiber Separation Technology™ (FST™), where the fiber is separated from the stream through counter flow washing steps. FST™ provides a dual benefit—eliminating the fiber from the fermentation stream allows for higher corn ethanol production and increases corn oil yield. These value-added platform technologies separate a fiber stream at the front end of the plant, which are the starting points of the Generation 1.5 Grain Fiber to Cellulosic Ethanol Technology™, ICM’s answer to a low risk solution to cellulosic ethanol.

Brock Beach, Vice President, Sales and Marketing said, “Advancement of the new and improved SMT™ process is based on customers’ feedback to provide process improvement opportunity, while also considering ongoing operating expenses and customers’ desires to focus on being high efficiency producers.” Beach continued, “ICM is committed to offering solutions that consider the entire business picture of our customers.”

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About ICM, Inc.

Established in 1995 and headquartered in Colwich, Kan., ICM, Inc., provides innovative technologies, solutions, and services to sustain agriculture and advance renewable energy, including food and feed technologies that will increase the supply of world protein. By providing proprietary process technology to 111 facilities globally with a combined production capacity of approximately 8.8 billion gallons of annual ethanol production and 25 million tons of distiller’s grain feed co-products annually, ICM has become a world leader in bio-refining technology. The full-service provider also offers a comprehensive line of more than 100 products and services tailored to make biofuels production more efficient and more profitable. ICM is further upholding its responsibility as an industry leader by heavily investing in the continued advancement of renewable energy technologies. In an effort to speed that advance, ICM conducts research and testing at its state-of-the-art research facility in St. Joseph, MO, in conjunction with a growing list of strategic partners spanning multiple industries.

For more information, please visit icminc.com.

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