ICM receives $31 million for cellulosic facility

By | May 21, 2010
June 8, 2010

ICM Inc. has signed a Cooperative Agreement with the U.S. DOE to receive $25 million to fund the construction and operation of its cellulosic ethanol pilot and demonstration facility in St. Joseph, Mo. ICM will modify its existing dry fractionation grain-to-ethanol pilot plant located at LifeLine Foods LLC, in St. Joseph, to produce fuel ethanol from captive corn fiber and two high-impact cellulosic feedstocks, switchgrass and energy sorghum. ICM's strategy of co-locating the cellulosic biorefinery with its existing grain-to-ethanol pilot biorefinery will efficiently accelerate pilot-scale operations and improve process economics. ICM has developed new technology and will be testing pretreatment, hydrolysis, and fermentation processes, which are the critical unit operations required for the cost effective production of ethanol from cellulosic
feedstocks.

ICM expects this technology to be scalable for commercial applications and is contributing $6 million of its own funds as the cost-share portion for this integrated biorefinery project.

ICM will utilize its experience to construct, operate, and validate cellulosic ethanol production technologies at the St. Joseph project site. Construction will begin in August 2010, and the anticipated demonstration phase is scheduled to begin in January 2011; fully integrated campaigns will commence by the fourth quarter 2011. The $31 million Cooperative Agreement is administered by the DOE's Office of Energy Efficiency and
Renewable Energy and is funded by the American Recovery and Reinvestment Act (ARRA).

Dave Vander Griend, president and CEO of ICM said, "We're excited to have completed the award agreement with the DOE and look forward to commencing the first phase of pilot plant construction. ICM understands the importance of utilizing Recovery funds to help strengthen our nation's energy independence, foster job creation across rural America, and produce cleaner, more sustainable fuel. DOE's funding of this award will help our industry continue to displace imported petroleum with domestically produced fuels and help accelerate ethanol production targets that were mandated in the federal Renewable Fuel Standard (RFS)."


SOURCE: ICM Inc.