Grainnet

Reed-Three Rivers Bio-Grain to Use New Process to Make Ethanol That Uses More of Corn Kernel, While Producing Less Pollution in Nine Ethanol Plants Across Illinois and Indiana

West Lafayette, IN--Bio Processing Technology, Inc. of West Lafayette, IN and Reed-Three Rivers Bio-Grain, Inc. of San Jose, IL reached an agreement Sept. 15, under which the latter will become the first commercial production user of the Chen-Xu Process of converting corn to fuel ethanol.

The new process was developed by Professor Lifu Chen and Dr. Qin Xu at Purdue University’s Food Science Department.

An exclusive global license was granted in August 2006 by Purdue Research Foundation to Bio Processing Technology, Inc. to develop commercial utilization of this new technology.

Reed-Three Rivers Bio-Grain, Inc. plans to build nine 240 million gallon per year (MMGY) corn ethanol plants at Havana, IL, Danville, IL, Greenville, IL, Henry, IL, Paducah, KY, Gila Bend, AZ, and three facilities in the state of Indiana These facilities will all use the Chen-Xu Process of converting corn to ethanol.

Besides 240 MMGY of ethanol, the plants will produce six other pharmaceutical and/or human food grade products.

Reed -Three Rivers Bio-Grain, Inc. will utilize other patented technology provided by Reed Klondike Group, LLC. as well as proprietary 240 million gallons commercial production technology provided by Reed Klondike Group, LLC.

These plants will have high volume procurement centers with the state of the art technology for drying and storage.

These procurement centers will insure needed annual corn supply.

All of the nine corn ethanol facilities will use their patented drying technology which will enable the utilization of high moisture corn to improve the production yield to over three gallons of ethanol per bushel of corn. This drying technology will control drying costs and maintain the higher starch content of the high-moisture corn.

This technology will enable corn growers to deliver earlier harvested corn with higher moisture content and to receive a premium for that higher moisture grain and lower drying costs.

Each of these plants will provide employment for approximately 205 persons.

Reed-Three Rivers Bio-Grain, Inc. is a private closely held corporation.

Their decision to use the Chen-Xu process is predicated on the capability of this new manufacturing process to reduce pollution, and most importantly to utilize the remaining portion of the corn kernel for human food consumption and pharmaceutical use.

Steven C. Reed, Sr. is the President and CEO of Reed -Three Rivers Bio-Grain, Inc. He is also Co-Founder and Co-Executive Director of Reed Klondike Group, LLC.

Dale Elder is Vice-President and CFO of Reed-Three Rivers Bio-Grain, Inc. Bio Processing Technology Inc. is an Indiana corporation established for the purpose of developing commercial uses of technology invented by Professor Li-fu Chen and Dr. Qin Xu from Purdue University’s Food Science Department.

The nine Chen-Xu Method Plants under planning by Reed-Three Rivers Bio-Grain, Inc. will be the first corn ethanol plants built without the odor of Distiller’s Grain as a co-product.

The elimination of Sulfur Dioxide will eliminate other noxious odors.

The combination of environmental benefits, shorter production cycle, lower operating costs and higher total sales revenue of seven co-products from the Chen-Xu Process could make other processes much less attractive in the future.

Dr. John Y.D. Tse, as Co-Founder and CEO of Bio Processing Technology, Inc., carries the mission of developing commercial uses of the Chen-Xu process.

Now, as co-founder and co-executive director of Reed Klondike Group, LLC, Dr. Tse is bringing the Purdue Research Foundation licensed basic Chen-Xu process from university laboratory setting to the reality of 240 MMGY commercial production in each of the nine plants under planning by Reed-Three Rivers Bio-Grain, Inc.

For more information, call 765-463-9758.