ICM signs contract with Latin American company for ethanol plant equipment

ICM, Inc., based in Colwich, has signed a contract to provide an evaporator and dryer system to Industria Paraguaya de Alcoholes S.A. for a plant in Esperanza, Paraguay, according to a news release from ICM.

INPASA, founded in 2006, is designed to produce ethanol from a variety of feedstock, including sorghum, corn and sugarcane. INPASA’s plant in Nueva Esperanza produces about 400,000 liters of ethanol per day and is the largest producer of sugar and maize-based ethanol in Latin America, according to the release.

ICM, which declined to disclose the value of the contract, provides technology and services focusing primarily on bio-fuels.

It said in the release that the dryer and evaporator are expected to be installed by the second quarter of 2014.