ICM, Inc. says that ethanol biorefineries investing in the company’s new, proprietary and innovative technology before the end of this year, will be capable of commercially producing both food and fuel in 2010. The announcement was made during ICM’s customer meeting at the annual Fuel Ethanol Workshop (FEW) in Nashville.
“We are talking about the ‘ethanol biorefinery of the future’…and very near future at that,” said Dave Vander Griend, founder, president and CEO. “Fifty years ago, the U.S. fed the world. We will be able to do that again with a food supply brought about by the evolution of ethanol production.”
Since the company’s founding, ICM’s mission has been to sustain agriculture through innovation. Recently, the company’s mission expanded to researching ways to deliver much-needed protein to the world, by way of ethanol processing.
At the same time, the corn-to-ethanol industry is maturing, and a changing economic outlook is prompting existing biorefineries to explore means of maintaining financial success. ICM recognized this changing outlook and is delivering on its mission by developing technology to create “new renewables” that can be built upon the existing ethanol biorefinery – the key facilitator of the new technology is a process called dry fractionation.
Vander Griend says dry fractionation, the first component of ICM’s new six-part Food AND FuelTM technology package, can be installed as early as the fourth quarter of this year, with production coming on line in the second quarter of 2009.
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