Agribrasil partners with ICM to build corn ethanol plant
Summary
ICM and Agribrasil have signed an agreement to develop a greenfield dry-mill grain ethanol production facility near Canarana in the Brazilian state of Mato Grosso. The plant’s design will also feature a distributed control system (DCS), allowing operators to automate and adjust production levels using state-of-the-art computer technology. The new plant will have a grinding capacity of 1,700 metric tons of corn daily, producing over 260 million liters of anhydrous ethanol per year. “We are excited to work with Agribrasil on this opportunity to solidify corn-based ethanol production in the Brazilian market,” said Issam Stouky, ICM’s director of global business development. With an established presence in Brazil, ICM continues to play a role in helping South American investors discover its process technologies, which are designed to capitalize on corn and accelerate ROI through industry-leading operational efficiencies.