Louis Dreyfus Commodities has signed a contract to purchase two Selective Milling Technologies (SMT) from ICM. The systems will be installed at Louis Dreyfus Commodities Grand Junction, LLC, located in Grand Junction, Iowa, and Elkhorn Valley Ethanol, LLC, located in Norfolk, Nebraska. According to ICM, SMT is a value-added technology that increases ethanol yield, reduces viscosity and increases oil recovery.
“Our ethanol plants are both located in areas of high feedstock production and we are committed to responsibly investing in these assets to give them further strategic advantages in the industry,” said Bruce R. Chapin, Vice President – Chief Operating Officer, North American Region for Louis Dreyfus. “We are excited to choose Selective Milling Technology as a value-added technology not only because of its proven ability to increase ethanol and oil recovery yields, but also because of the potential we see with ICM’s line of sight that builds upon the SMT platform.”
Chris Mitchell, president of ICM, Inc., said, “ICM is very pleased to continue offering SMT as a yield enhancement solution for our ethanol plant customers. SMT is ICM’s platform technology to our proprietary Fiber Separation Technology and Generation 1.5 Technology. We appreciate the opportunity to work with Louis Dreyfus Commodities, a global merchandiser of commodities and processor of agricultural goods.”