ICM and Elite Octane Launch Innovative Oil Recovery System
ICM and Elite Octane Successfully Launch FOT Oil Recovery™ System
ICM, Inc. is thrilled to announce the successful startup of its cutting-edge FOT Oil Recovery™ system at Elite Octane, LLC’s ethanol facility. This state-of-the-art technology marks a significant milestone in oil extraction efficiency within the ethanol production industry.
Elite Octane's Commitment to Advanced Technology
Elite Octane operates an ethanol facility that has been producing over 150 million gallons of ethanol per year since its inception. It has established a reputation for being at the forefront of technological advancements in the ethanol sector. By embracing the FOT Oil Recovery™ system, Elite Octane has not only set a precedent as the first facility to employ this technology at a full scale, but it has also showcased its dedication to maximizing oil recovery.
The Impact of FOT Oil Recovery™ System
The recently installed FOT Oil Recovery™ system has exceeded the anticipated oil recovery targets and performance benchmarks. This innovative technology works to enhance the efficiency of distillers corn oil (DCO) recovery while simultaneously lowering fat content in by-products like wet cake, leading to improved overall plant effectiveness.
Industry Achievements and Validation
Shaun Hubler, director of technology commercialization at ICM, emphasized the rigorous testing processes that validated the FOT Oil Recovery™ system. He mentioned that extensive on-site testing across more than 20 commercial facilities demonstrates ICM's unwavering commitment to achieving operational excellence. This system's performance not only sets industry benchmarks but also solidifies confidence in its reliability across different plants.
Elite Octane's Perspective on the Technology
Nick Bowdish, president and CEO of Elite Octane, reflected on the commitment it took to lead in implementing this technology: “By being the first to install this standalone system, we took a significant step in changing the trajectory of corn oil extraction. The results speak for themselves with extraction rates surpassing 1.35 pounds per bushel. We value the collaboration among our teams, which turned our aspirations into successful realities.”
How the FOT Oil Recovery™ System Works
The FOT Oil Recovery™ system utilizes a proprietary two-part separation process that significantly optimizes the post-distillation workflow. It improves the feed to the evaporator, yielding a drier cake in the end products. These enhancements contribute to energy efficiency, ultimately reducing operational costs while boosting the facility's performance.
About ICM, Inc.
Established in 1995 and headquartered in Colwich, Kansas, ICM, Inc. has become a leader in biorefining technologies. With a regional presence in Brazil, ICM specializes in delivering innovative technologies and services that advance renewable energy and sustain agricultural practices. The company proudly supports over 110 facilities around the globe, contributing to an annual ethanol output of approximately 8.8 billion gallons alongside 25 million tons of distiller grains.
About Elite Octane, LLC
Elite Octane, LLC is an influential player in the ethanol production landscape, serving as a beacon of advancement and community support. Since its launch, it has not only enhanced local agricultural economies by raising cash corn and land values for farmers but has also successfully integrated into the community. Their contributions have facilitated local employment, improved housing, childcare facilities, recreational amenities, and even the creation of a community splash pad.
Frequently Asked Questions
What is the FOT Oil Recovery™ system?
The FOT Oil Recovery™ system is an innovative technology designed to optimize oil extraction processes within ethanol production facilities.
How does the FOT Oil Recovery™ system benefit Elite Octane?
It significantly increases oil extraction rates while reducing operational costs, leading to improved profitability for Elite Octane.
What impact does the system have on local farmers?
By increasing oil recovery efficiency, the system contributes to higher cash corn and land values, benefiting local farmers.
How has ICM demonstrated the system's effectiveness?
ICM conducted extensive on-site testing across numerous facilities, confirming the system's operational reliability and performance.
What future plans do Elite Octane and ICM have for this technology?
Both companies aspire to continue improving oil recovery processes and expand upon the positive impacts seen in the industry.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
Related Articles
- Veteran Trader Peter Brandt Predicts Bitcoin's Next Big Move
- Empowering Web3 Innovation: Thrive Boba Ecosystem Grants
- Danielle Macdonald and Scott Evans Empower Lamb Welfare Efforts
- Understanding the P/E Ratio for Avantor Inc. Stocks Today
- Stock Market Updates: Gains, Losses, and Oil Inventory Trends
- Alcoa's Strategy for Growth Depends on Kwinana and San Ciprian
- Understanding Medicare Open Enrollment: Key Insights for All
- MasterBrand Cabinets Reaches Record Stock Price of $19.11
- NuZee Stock Surges on Major Operational Changes and Leadership Shift
- Ascend Wellness Unveils Innovative THC-Cannabinoid Edibles
Recent Articles
- Gen Z's Shift: Trusting Influencers Over Traditional Recommendations
- Investment Trends: A Look into Crypto VC Landscape for Q3 2024
- Foot Locker Launches Innovative Creator Platform for Influencers
- Exploring the World of Luxury Travel with VidantaWorld
- Jim Rickards Predicts Economic Turbulence Ahead of Elections
- Sev1Tech Secures $188M Contract with U.S. Space Force
- Canton Fair Unveils Innovative Advances in Smart Appliances
- ShiftPixy (NASDAQ: PIXY) Expands AI Capabilities with TurboScale
- Investigation Launched: Is Zuora, Inc. Fairly Valued?
- Essential Tips for Parents on Effective College Visits
- Insights into Dutch Bros's Market Trends and Short Selling
- KX Community Expands, Empowering Developers in Data Analytics
- StereoLOGIC Launches Data Discovery to Enhance Operations
- Analyzing Recent Trends in Ventas's Short Interest Dynamics
- Morgan Stanley and Opportunity Finance Network Unite for Housing Support
- Innovative Cancer Detection Technology Promises Major Advancements
- Exploring Amgen's Growing Short Interest Insights
- New Energy Equity Completes Solar Projects for Public Storage
- Insights from Moleculin's AML KOL Event: Key Highlights
- Elevating Employee Loyalty Through Thoughtful Holiday Gifts
- Upcoming Sasol Limited AGM: Key Details and Insights
- Innovative Conference Series to Transform Healthcare Approaches
- Carlisle Companies' Strategic Move: Acquiring Plasti-Fab
- Energiekontor Undertakes Management of New Wind Park in Scotland
- Settlement Proposal for Six Flags Stockholders Explained
- DP World Expands Logistics Reach with New Office in Colombia
- WAVE Life Sciences Receives Buy Rating and Positive Trial Data
- E.W. Scripps Company to Announce Q3 Results Soon
- C.H. Robinson Celebrates Growth in Drop Trailer Business
- Bruker Secures Legal Win Over 10x Genomics in Europe
- €10.5 Million Grant Boosts Terbium Isotope Production for Cancer
- Northern Illinois Recovery Center Recognized Among Top Addiction Treatment Facilities
- GridStor Initiates Major Battery Energy Storage Project in Texas
- BDA Expands Portfolio with New Licensing Partnership in Soccer
- Taiwan Semiconductor's Growth Drives Up UBS Price Target
- Celebrating Tim Rivers: A Leader in Flexible Packaging Success
- PatchRx Collaborates With Optimize Health for Enhanced Care Solutions
- HAPS Alliance Launches Advisory Board, Welcomes Greg Ewert
- Fellowes Enhances Product Insights with 3D Cloud Technology
- SiTime Corp. Price Target Boosted: Insights on Growth Prospects
- Floatic and Geek+ Join Forces to Revolutionize Warehouse Automation
- Dario Crosetto's Innovations in Cancer Detection Set to Shine
- Recognizing Supply Chain Leaders: Assent Achieve Winners
- Alibaba's Lazada Boosts AI to Compete in E-Commerce Landscape
- Aspen Aerogels Secures DOE Loan, Promising Future Ahead
- Bruker Corporation Wins Patent Case Against 10x Genomics
- Unitronix Corp Unveils Innovative Models for DeFi Assets
- Flex to Strengthen Data Center Operations with Crown Systems Deal
- EU's New Cybersecurity Directive Could Hit Companies Hard
- How GPUs Are Revolutionizing Data Processing in Enterprises