![]() "Our team of 'nerdy' developers, engineers, researchers and marketers set out to create these bite-sized bundles that combine a fruity gummy with a punch of crunch for a delightful combination in every NERDS Gummy Clusters bite." "NERDS has driven significant growth in the past year, and with research showing that consumers are seeking fun and multi-textured candy, our team came together to deliver the fun of our NERDS Candy in an innovative and poppable way," said Katie Duffy, Vice President of Marketing at Ferrara Candy Company. These first-of-its-kind Gummy Clusters are perfectly imperfect by design, championing the spontaneity and creativity NERDS fans embrace. By combining crunchy and gummy in every bite, NERDS Gummy Clusters encourage fans to celebrate how we are all better together. “This investment executes on several of our stated strategic priorities, such as operating highly efficient and profitable ethanol production facilities, increasing capacity under management, developing new technologies with higher value co-products and expanding our fee based services offering.” said Pat Bowe, CEO of The Andersons.Just as every nerd is unique, NERDS Candy embodies a variety of shapes, colors, and textures. At the core, we have similar values, similar expectations of excellence, and the same relentless drive to improve our businesses, our people, and our communities.” By positioning ELEMENT in such a way to take advantage of what both companies do best, we expect that this company will be the leader in the ethanol industry well into the future.”ĭave VanderGriend, ICM founder and CEO concluded, “This collaboration brings two leading players in the corn-ethanol industry together. We strive to utilize our combined experience and expertise to build and grow businesses that operate in the top percentile of their industries. ELEMENT is expected to be fully operational by year end 2019.Ĭhris Mitchell, ICM President said, “The Andersons and ICM share a common vision. Construction and manufacturing will begin in early 2018 with the first phase of start-up scheduled for spring 2019. ICM began preparing the plant site in late fall 2016. ![]() The ethanol produced by ELEMENT will be sold primarily in California under the state’s progressive Low Carbon Fuel Standard and will position ELEMENT to participate in other emerging low-carbon markets. The carbon index of both the corn and cellulosic ethanol will be industry leading and demonstrates both ICM’s and The Andersons’ commitment to environmental sustainability. These technologies will result in ethanol yields that exceed 3.10 gallons per bushel (approx. ELEMENT will also produce unique high valued animal feed products which will bring significant value to ELEMENT and to customers. The ICM Gen 1.5 cellulosic process will produce more than 5 Million-Gallons-per-Year of cellulosic ethanol which is expected to be the largest corn fiber to cellulosic ethanol plant in the world. The separated fiber provides the feedstock for the patent-pending Generation 1.5 Grain Fiber to Cellulosic Ethanol Technology™ (Gen 1.5). ICM’s patented FST Next Gen™ enables higher corn ethanol production, increases distillers corn oil yield, and separates the fiber from the process. ICM’s patented SMT V2™ is an innovative grind system designed to maximize ethanol and distillers corn oil production. Utilizing ICM’s Advanced Gasification Technology™, ELEMENT will use waste wood to drive a combined heat and power generator that will offset more than 70% of the natural gas requirements and as much as 80% of the electrical demand.īeyond this technology, ELEMENT will include the latest versions, primarily manufactured in ICM’s manufacturing facilities, of ICM’s proven proprietary technologies for corn ethanol, Selective Milling Technology V2™ (SMT V2™) and Fiber Separation Technology Next Gen™ (FST Next Gen™). ![]() ![]() The combination of ICM’s next-generation technologies, the merchandising, risk management and logistics expertise of The Andersons, and the demonstrated operational excellence of both companies will result in the production of the highest yielding, most profitable, and lowest carbon ethanol gallon in the United States ethanol industry today.” 265 million liters) bio-refinery located in Colwich, Kansas, USA.Īccording to ICM, this strategic collaboration “will build and operate the most advanced ethanol plant in the world featuring ICM’s cutting edge technologies. Colwich (KS), United States – ICM, Inc., a global leading biofuels process technology provider, and The Andersons, Inc., a publicly-traded company with diverse interests encompassing a variety of agribusinesses, are partnering to own and construct ELEMENT, LLC, a 70 Million-Gallon-per-Year (approx. ![]()
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