ICM to build a state-of-the-art biorefinery in Colwich
ICM is a privately-held
company established in 1995 and headquartered in Colwich (Kansas, USA) that
provides innovative technologies, solutions and services in the sector of renewable
fuels. Last week, it announced the construction of a state-of-the-art biorefinery
next to its headquarters showcasing its cutting-edge technologies. The name
selected for the project is ICM ELEMENT. ICM plans to be the majority owner and
is in current discussion with investors who also see the vision and value of
the project to the industry.
ICM Corporate Video
General information
Feedstock
and processing capacity
|
22
million bushels (800,000 m3) in corn and sorghum sourced primarily
from the local area
|
Planned production
capacity
|
70 MMg
per year
|
Estimated
cost
|
$175
million
|
Employment
|
50 new direct
jobs and numerous indirect jobs
|
Background
ICM announced in August 2016 that it had been
the successful bidder on the Colwich ethanol plant for sale by Abengoa
Bioenergy conducted under the provisions of the US Bankruptcy Code. The company
purchased the shuttered facility and property for $3.1 million. Three months
later, it reported its intention of refurbishing the purchased Abengoa
Bioenergy plant to a larger scale state-of-the-art energy efficient biorefinery.
The plant would encompass all of ICM's latest technology innovations and be a
showplace that its customers could visit.
The technologies to be showcased in the new
plant
Generation 1.5
ICM’s patent pending grain fiber to cellulosic
ethanol technology will produce up to 5 MMg of cellulosic ethanol per year. This
process has been proven in large scale and increases ethanol yield up to 10%
and corn oil yield up to 20%. The cellulosic ethanol produced will be eligible
to capture D3 RINs, cellulosic tax credits and California Low Carbon Fuel
Standard Credits, which can result in an added value as high as $4.00 per
gallon above corn ethanol prices. This
process also produces a high protein DDGS.
Gasification unit
The ICM patented gasifier technology is capable
of fully converting biomass into producer gas or syngas, while cogenerating a
biochar product that has many applications in agriculture and other industries.
Selective Milling Technology (SMT™) and Fiber
Separation Technology (FST™)
Beyond the breakthrough technologies of
gasification and Gen 1.5, ELEMENT will also have the latest versions of ICM’s
proven technologies for corn ethanol along with several new technologies under
development. SMT™ and FST™ will drive the project, allowing ICM ELEMENT to
increase throughput, decrease cost per gallon and create the ability to produce
high-value streams from DDGS.