IGPC Ethanol adopts Fiber Separation Technology

June 16, 2014, Aylmer, Ont. – IGPC Ethanol Inc. announced the purchase of patent-pending Fiber Separation Technology (FST)
from ICM Inc. The FST product is a significant next step in the incorporation
of ICM’s platform technology package, which includes a license for operation.

“Our ethanol plant is strategically located in the middle of
Ontario’s corn country, enabling us to produce over 170 million liters of
ethanol a year as well as distillers grains for the surrounding animal feed
market,” said IGPC Ethanol, Inc. CEO Jim Grey. “Purchasing ICM’s new FST
product is an important step forward in growing our operations and will
strategically position us to make new and innovative products from corn,
including potentially advanced biofuels.”

ICM’s new FST technology will increase both ethanol
production and oil recovery. The fermentation of additional starch made
available by FST has the potential to significantly enhance yields and plant
throughput. Combined with previously installed ICM Selective Milling Technology,
IGPC Ethanol Inc. is expanding its platform technology to produce more products
from corn while becoming a more efficient and self-sufficient facility.

This comes in addition to other planned technology
enhancements at the Aylmer ethanol plant including:

•         Installation
of a steam turbine generator that uses the facility’s existing excess steam
energy to   produce roughly 1 megawatt of
power; and

•         The addition
of a natural gas fired internal combustion electric generator which can produce
roughly 3 megawatts of power.

By capturing waste heat from the generator, IGPC will also
reduce its overall energy requirements and become virtually self-sufficient in
terms of electricity.

“Over the past two years, our focus has been to target our
investments to constantly improve plant efficiencies on areas that can have the
greatest impact and generate greater revenues,” added Grey. “These current
projects will insulate IGPC from rapidly escalating electricity costs, and at
the same time, ramping up production to 200 million litres per year.”