The NEXT big thing in sustainable fuel production
PENNSAUKEN, N.J., Jan. 23, 2025 (GLOBE NEWSWIRE) — RCM Technologies, Inc. (NasdaqGM: RCMT) has unveiled its groundbreaking New Ethanol eXpansion Technology (NEXT) program. This innovation aims to enhance ethanol plant capacity and energy efficiency without needing expensive equipment overhauls.
The global demand for ethanol is set to soar, expected to increase by 173% between 2021 and 20301. In this landscape, the NEXT program helps producers achieve sustainable growth. By applying advanced engineering methods from the refining sector, NEXT allows plants to increase their output by over 20% annually—adding 20 million gallons to a facility currently producing 100 million gallons. This approach is tailored to meet the unique needs of each plant.
NEXT brings essential benefits to ethanol producers. It combines strategic equipment upgrades with a thorough hydraulic balance among systems like distillation and evaporation. This leads to noticeable improvements in both efficiency and profitability. Plus, plants can implement changes during brief shutdowns, keeping production on track while minimizing costs.
This initiative aligns with RCM Thermal Kinetics’ goal of enhancing the biofuels sector through innovative and eco-friendly solutions. By allowing ethanol producers to grow with less disruption and expense, NEXT stands to bolster both business performance and environmental responsibility.
“NEXT technology is a leap forward for ethanol producers looking for quick and affordable ways to meet rising demand,” stated David Loschiavo, General Manager of RCM Thermal Kinetics. “By utilizing our patented energy integration technology, we enhance productivity and foster a more sustainable future for the industry.”
Harvesting Efficiency: NEXT Technology Unlocks New Potential for Ethanol Plants
About RCM
RCM Technologies (NasdaqGM: RCMT) provides business and technology solutions with expert talent across key sectors. We design, build, and enable tomorrow’s industries today, specializing in Health Care, Engineering, Aerospace & Defense, Process & Industrial, Life Sciences, and Data & Solutions. www.rcmt.com.
The statements in this release that are not purely historical are forward-looking statements under the Private Securities Litigation Reform Act of 1995. They carry various risks and uncertainties that may cause actual results to differ from what is expressed or implied. These statements may include terms like “may,” “will,” “expect,” and “believe.” Investors should consider such risks mentioned in filings with the Securities and Exchange Commission, including our most recent Annual Report and subsequent Quarterly Reports. The Company assumes no obligation to update any forward-looking statements unless required by law.
For media inquiries, contact:
Shreyasi Bhaumik
BCM Public Relations Ltd.
E: s.bhaumik@bcmpublicrelations.com
T: +44 (0) 20 3965 7410
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RCM Technologies, Inc. |
Tel: 856.356.4500 |
Corporate Contacts: |
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2500 McClellan Avenue |
info@rcmt.com |
Bradley S. Vizi |
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Pennsauken, NJ 08109 |
Executive Chairman |
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Kevin D. Miller |
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Chief Financial Officer |
1 https://ers.usda.gov/sites/default/files/_laserfiche/outlooks/105762/BIO-05.pdf?v=13789
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ef77bc3e-eb20-4867-b5f9-7a73c9979c93
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ethanol plant, ethanol producers, production capacity, equipment replacement, forward-looking statements, plant profitability, sustainable future, RCM Technologies, Inc., fuel production
