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GreenField Ethanol signs agreements with world class technology provider, ICM

TORONTO

GreenField Ethanol announced today that it has signed agreements with ICM, Inc – a global leader in the design and construction of ethanol plants – to provide its technology and engineering services for GreenField's 200-million-litre ethanol plant under construction in Johnstown, Ontario.

Under the agreement, GreenField is licensed to use ICM's intellectual property for the design, construction and operation of the Eastern Ontario plant, slated to be operational in 2008. As well, the two companies have entered an engineering services license agreement, commissioning ICM to provide engineering services for the plant.

ICM technology was also used in GreenField's plant in Varennes, Quebec, slated to open in February.

Founded in 1995 and based in Kansas, ICM is an industry leader in the design, construction and support of ethanol plants using corn grain. ICM is a key innovator and advocate in the ethanol industry.

The federal government contributed $15 million towards the construction of the Johnstown facility under the Ethanol Expansion Program.

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