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eNews from Thursday, June 2, 2011

CPM, Pellet Technology Form Strategic Alliance for Renewable Energy Industry

Press Release -- WATERLOO, IA -- June 1, 2011 -- CPM, the world’s leading supplier of process equipment and technology for the animal feed, oilseed, biofuels and human food-processing industries, and Pellet Technology LLC, announce the formation of a strategic alliance that will help bring sustainable, renewable energy to electric utilities and biofuels producers.

Pellet Technology has developed a complete supply chain solution for biomass users that includes feedstock supply contracting, harvest management and patent-pending, production technology to turn corn stover into PowerPellets™ on an economic and environmentally sound basis. Under the agreement, the two companies will work together to market Pellet Technology’s biomass engineering processes along with CPM’s hammermills and pellet mills.  Together, they’ll implement a  “field-to-fuel” program that provides electric utilities and biofuels producers with an affordable and reliable source of renewable energy.
 
“We’re pleased to form this alliance with a company that’s working to make the biomass supply chain more cost-efficient and accessible,” said Jim Hughes, CPM general manager. “Pellet Technology is on the cutting edge of developing processes for renewable energy.”
 
“CPM produces the highest-quality pellet mills in the world, with the best production levels and excellent pellet quality,” said Russ Zeeck, chief operating officer for Pellet Technology. “Working with CPM, we give our customers access to equipment and service they can depend on.”                                                                                                                                                                                       

Pellet Technology is an integrated, field-to-fuel biomass technology provider primarily focused on corn stover, the most abundant source of renewable biomass in America.
 
CPM business units include California Pellet Mill, Roskamp Champion, Beta Raven, Century Extrusion, Wolverine Proctor, Crown Iron Works and Greenbank Technology. CPM has more than 900 employees with production facilities in the Americas, Europe and Asia. For more information, visit www.cpm.net or www.pellettechnologyusa.com.

Contact:
Scott Anderson, CPM
319-232-8444
                                                                                                                     
Russ Zeeck, Pellet Technology
402-670-3427
 

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