Patriot Renewable Fuels LLC of Annawan, Illinois has purchased ICM’s patent-pending Selective Milling Technology (SMT). According to ICM, the technology increases ethanol yield, reduces viscosity and increases oil recovery. In addition, with the Patriot Renewable Fuels contract announcement, ICM and its partners have used this technology to increase ethanol yield to surpass more than one billion gallons of annual ethanol production.
“It gives us great pleasure to announce the purchase of our Selective Milling Technology by Patriot Renewable Fuels,” said ICM President Chris Mitchell. “Today we celebrate two milestones – the first which illustrates ICM’s ability to provide our customers with this technology towards increasing the yield of more than one billion gallons of annual ethanol production. The second milestone we celebrate is Patriot’s five year anniversary as an ethanol producer, and as a solid contributor to the economic growth of Annawan and the surrounding region. We’re thrilled to continue delivering this successful yield enhancement solution that can improve our customers’ bottom line and strengthen their communities.”
Patriot Renewable Fuels general manager Rick Vondra added, “Today, we are a 120 MGY producer that draws upon the strength of ICM’s revolutionary platform technology and the ability of SMT to increase our ethanol yields, increase oil recovery yields, and ultimately increase our revenues. With our 200 local/Midwestern investors, we’ll harness that strength and continue to make an impact on agriculture and economic development.”