Eddyville, Iowa
January 19, 2006
Renessen LLC, a
biotechnology company, today announced plans for a new pilot
plant to test a unique technology system in which new biotech
corn hybrids with increased energy and nutrient levels will be
combined with a novel dry corn separation technique designed for
ethanol facilities. The new system represents a step change in
the agriculture and biofuels industries and has the potential to
increase the profitability of corn growers, ethanol producers,
and swine and poultry producers.
Renessen is a joint venture
between Cargill and
Monsanto, bringing
together Monsanto's expertise in biotechnology and plant
breeding with Cargill's capabilities in animal nutrition, grain
processing, and logistics. The pilot-scale facility, which will
employ about 15 people, will be built at Cargill's Iowa
BioProcessing Center campus in Eddyville, about 70 miles
southeast of Des Moines.
"Given the rapid expansion of
the domestic ethanol industry, there has been a concerted market
push of late for new technologies that will enhance ethanol
yields and improve co-product values," said Michael Stern, Ph.D.
chief executive officer of Renessen. "Our process does both, and
also will greatly reduce the need for natural gas to dry the
non-fermentable material. This is a great opportunity for U.S.
corn growers, livestock producers, and the biofuels industry as
a whole."
The pilot plant will provide
engineering data to help Renessen refine specifications for
building a full-scale commercial plant and developing livestock
feed markets. A limited number of bushels of corn will be
contracted with Iowa farmers for the 2006 growing season to
ensure a ready supply in time for the pilot plant's expected
opening in January 2007.
By applying a novel processing
technology with a high-nutrient corn specially adapted for the
process, the system would allow a standard dry-grind ethanol
plant to produce several products on site, including:
- Corn oil for food and
biodiesel;
- A nutrient-rich feed
ingredient for use in swine and poultry production;
- A more easily fermentable
ethanol medium;
- An enhanced form of
distiller dried grains with solubles (DDGS), the standard
cattle feed co-product of today's ethanol dry milling
process.
The new production process is
expected to be more profitable because the nutrient-rich feed
ingredient, the corn oil, and the enhanced DDGS produced in this
new process all have potentially greater value than today's
traditional dry-grind ethanol co-products.
"We're thrilled at the
potential this project presents for advancing renewable energy
through innovative biotechnology," said Mary Lawyer, director of
the Iowa Department of Economic Development. "It fits with two
of our top goals for Iowa: making it more energy independent and
one of the most competitive locations in the nation for
bioscience operations."
Assuming successful testing of
the process at the Eddyville pilot facility, Renessen plans to
actively seek ethanol partners for commercialization of the
technology.
Renessen is an innovative
biotechnology company dedicated to developing quality traits for
the feed and processing industry. It is a joint venture between
Cargill and Monsanto Company.
Cargill is an international provider of food, agricultural, and
risk management products and services. With 124,000 employees in
59 countries, the company is committed to using its knowledge
and experience to collaborate with customers to help them
succeed.
Monsanto is a leading global
provider of technology-based solutions and agricultural products
that improve farm productivity and food quality. |