ICM strikes technology deal with Paraguay ethanol producer

08 July 2013 21:32  [Source: ICIS news]

MEDELLIN, Colombia (ICIS)--ICM has signed a deal with Industria Paraguaya de Alcoholes (Inpasa) to provide an evaporator and dryer system for the company’s ethanol plant in the eastern Paraguayan state of Canindeyu, the US biotechnology firm said on Monday.

The new technology is expected to be installed at Nueva Esperanza, the country’s largest ethanol plant, by the second quarter of 2014, ICM said.

The Kansas-based company had previously supplied Inpasa with engineering and corn oil recovery system technologies.

“Today’s announcement illustrates the strength of continued collaboration between ICM and Inpasa and our shared commitment to improving agriculture worldwide,” said ICM president Chris Mitchell.

According to Inpasa, Nueva Esperanza has a production capacity of 12m litres/month of ethanol and uses corn, sorghum, manioc and sugarcane as feedstocks.

The company, which began commercial operations in 2008, is the largest producer of maize-based ethanol in Latin America.


By: Simon West
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