ICM selected as a DOE funding award recipient
January 1, 1970
Posted December 8, 2009, at 7:47 a.m. CST
ICM, Inc. is among 19 awardees selected by the U.S. DOE for a pilot/demonstration-scale facility through the DOE's Biomass Funding Opportunity Announcement-Demonstration of Integrated Biorefinery Operations. ICM received notification Dec. 4 that its application has been selected for negotiations leading to an award; the DOE grant amount is $25 million, and ICM expects to contribute more than $6 million of its own funds as its cost-share for the advanced biorefinery project.
Dave Vander Griend, president and CEO of ICM said, "We're very excited to have been selected among a highly competitive and accomplished field of applicants for this funding award, and I'm so proud of our employees for their dedication in putting together such a solid proposal. The challenging economy that we've all experienced has been very difficult, but we have the tools available to greatly improve our economy and invest in our own future. We can produce homegrown fuels that can ultimately reduce our dependence on foreign oil, create job sustainability, and expand new opportunities for
rural America. The large investment in the advanced biorefinery projects from the American Recovery and Reinvestment Act and the Biorefinery Assistance Program authorized in the 2008 Farm Bill, are a testament to the government's support of sustaining agriculture through innovation – which has always been the cornerstone of ICM's mission," continued Vander Griend.
Because the road to U.S. energy independence can most efficiently be completed by building on the renewable fuel already being produced by U.S. corn-based ethanol plants, ICM is intentionally co-locating its cellulosic ethanol demonstration project with ICM's 1 MMgy corn-to-ethanol pilot ethanol plant that it operates at LifeLine Foods' ethanol manufacturing facility in St. Joseph, Mo. This strategic co-location will demonstrate the capability of an existing corn-based ethanol facility at pilot scale to increase its total renewable fuels capacity by also producing fuel-grade ethanol from nonfood cellulose materials, including switchgrass, forage sorghum, and corn fiber. The co-located cellulose demonstration scale project will not impact Lifeline's 50 MMgy production capacity of ethanol in its corn-based facility at St. Joseph.
ICM looks forward to collaborating with the DOE for the negotiation phase of the award over the next few months.
SOURCE: ICM INC.
ICM, Inc. is among 19 awardees selected by the U.S. DOE for a pilot/demonstration-scale facility through the DOE's Biomass Funding Opportunity Announcement-Demonstration of Integrated Biorefinery Operations. ICM received notification Dec. 4 that its application has been selected for negotiations leading to an award; the DOE grant amount is $25 million, and ICM expects to contribute more than $6 million of its own funds as its cost-share for the advanced biorefinery project.
Dave Vander Griend, president and CEO of ICM said, "We're very excited to have been selected among a highly competitive and accomplished field of applicants for this funding award, and I'm so proud of our employees for their dedication in putting together such a solid proposal. The challenging economy that we've all experienced has been very difficult, but we have the tools available to greatly improve our economy and invest in our own future. We can produce homegrown fuels that can ultimately reduce our dependence on foreign oil, create job sustainability, and expand new opportunities for
rural America. The large investment in the advanced biorefinery projects from the American Recovery and Reinvestment Act and the Biorefinery Assistance Program authorized in the 2008 Farm Bill, are a testament to the government's support of sustaining agriculture through innovation – which has always been the cornerstone of ICM's mission," continued Vander Griend.
Because the road to U.S. energy independence can most efficiently be completed by building on the renewable fuel already being produced by U.S. corn-based ethanol plants, ICM is intentionally co-locating its cellulosic ethanol demonstration project with ICM's 1 MMgy corn-to-ethanol pilot ethanol plant that it operates at LifeLine Foods' ethanol manufacturing facility in St. Joseph, Mo. This strategic co-location will demonstrate the capability of an existing corn-based ethanol facility at pilot scale to increase its total renewable fuels capacity by also producing fuel-grade ethanol from nonfood cellulose materials, including switchgrass, forage sorghum, and corn fiber. The co-located cellulose demonstration scale project will not impact Lifeline's 50 MMgy production capacity of ethanol in its corn-based facility at St. Joseph.
ICM looks forward to collaborating with the DOE for the negotiation phase of the award over the next few months.
SOURCE: ICM INC.
Advertisement
Advertisement
Advertisement
Advertisement
Upcoming Events
