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Press Releases

World-Class Ethanol Production Facility Breaking Ground in Kansas

 

 

            For Immediate Release

Contact:

Adriana Albornoz, ICM, Inc.

adriana.albornoz@icminc.com, +1 316-796-0900

 

World-Class Ethanol Production Facility Breaking Ground in Kansas

(Colwich, Kan. – May 21, 2018)ELEMENT, LLC,a biofuels producer leading the way for technology innovation and efficiency, announces that it held a ceremonial groundbreaking today at 3:30 p.m. of its $175 million dollar facility in Colwich. This facility will create hundreds of jobs along with a new market for local corn producers. Members of ELEMENT management as well as local government officials and businesses were in attendance.

The multimillion dollar project is expected to utilize more than 300,000 construction man-hours and create approximately 200 direct and indirect jobs. ELEMENT will also provide an economic boost to the agriculture community by purchasing more than 22 million bushels of grain annually. The additional demand in grain is expected to generate millions of dollars in revenue for local corn producers.

ELEMENT is a collaboration between ICM Holdings, headquartered in Colwich, and The Andersons, Inc., a publicly- traded company based in Maumee, Ohio. ELEMENT has the potential to produce the most efficient and cleanest renewable ethanol in the United States by combining ICM’s next-generation technologies and The Andersons’ merchandising, risk management and logistics expertise. This facility will also create high-value cellulosic ethanol and higher-value co-products, such as animal feed and corn oil.

“When ICM designed and built our first ethanol plant in Russell, Kansas in 2001, it helped set the course for the ethanol industry for the following twenty years. ELEMENT will create a new standard for operational efficiency and clean ethanol in the industry. We have a great partner, the right technologies, and tremendously talented people who will help us achieve this,” said ICM CEO Dave VanderGriend.

Chris Mitchell, ICM President, added “ELEMENT is excited to build this technologically advanced facility adjacent to our world headquarters. We appreciate the support of the City of Colwich, Sedgwick County, the State of Kansas, and local businesses and we are eager to continue building on these strong relationships.”

 

 

 

 

 

 

 

About ICM, Inc.
Established in 1995 and headquartered in Colwich, Kan., with a regional office in Brazil, ICM 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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Biotech Firm KnipBio and Biofuels Leader ICM Inc. Ink Collaboration

 

Biotech Firm KnipBio and Biofuels Leader ICM Inc. Ink Collaboration

 

April 10, 2018

Lowell, MA

 

(Lowell, MA) April 10, 2018. – KnipBio, Inc. and ICM, Inc. announce today that the companies have entered into a joint development agreement (JDA) and strategic collaboration to create a commercial-scale fermentation process for KnipBio’s premium single cell protein (SCP) aquafeed, KnipBio Meal (KBM). The companies will explore new fermentation processes using ethanol and ethanol production process co-products. ICM, Inc. will also provide process engineering and construction plans for commercial exploitation of KnipBio’s biotechnology research. In conjunction with the JDA, ICM is making a significant resource and financial investment in KnipBio and will have representation on the company’s board of directors.

 

Larry Feinberg, CEO of KnipBio, stated, “ICM is a great strategic fit for us. They have demonstrated their unrivaled knowledge and ability as the world’s leading fermentation process engineering firm. Their expertise will be invaluable as we move towards commercial production. We are thrilled to call them our collaborator. Bringing together ICM’s best-in-class fermentation know-how and KnipBio’s innovative biotechnology will allow us to dramatically accelerate our commercial plans.”

 

Steve Hartig, ICM’s Vice President of Technology Development stated, “The strategic rationale for investing and working with KnipBio is clear - aquaculture needs new sources of traceable, sustainable, and resource-efficient protein. We believe KnipBio’s premium single cell protein technology could play a central role in meeting this need. Alternative proteins for aquaculture will be a multi-billion dollar market and this process enables the US ethanol industry new opportunities for growth.”

 

Feinberg added, “ICM recognizes the potential of the alternative protein market and its importance for the future of ethanol. I am grateful that ICM sees the potential of KnipBio’s PROTEINplus product strategy and their investment represents a validation of the research we have conducted over the past three years.”

 

Work on the JDA will be conducted at KnipBio’s research center in Lowell, Massachusetts and at ICM’s state-of-the-art research facility and pilot plant in St. Joseph, Missouri. The research and development will focus on scaling up fermentation, improving production economics, optimizing processes for different SCP products, and testing the viability of using ethanol-related streams as a fermentation feedstock. The JDA is expected to last for approximately one year.

 

 

About KnipBio: KnipBio, Inc. is a Massachusetts-based company pioneering advanced

nutritional solutions for animal feeds from sustainable and responsible feedstocks, using innovative biotechnology to develop KnipBio Meal- a range of single cell protein products built around the company’s PROTEINplus technology that combines immunonutrients with premium protein to make KnipBio Meal a superior aquafeed ingredient. KnipBio is committed to maintaining a level of transparency to ensure the best sustainable and environmentally conscious practices.

 

For more information, visit www.knipbio.com or contact us at info@knipbio.com

 

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, 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 to make biofuels production more efficient and is investing in the continued advancement of renewable energy technologies. ICM conducts research and testing at its state-of-the-art research facility in St. Joseph, MO, in conjunction with strategic partners spanning multiple industries. For more information, please visit icminc.com.

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.