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Stock impact report

Unlocking Increases in Ethanol Plant Capacity: RCM Technologies Unveils Its Next Technology

RCM Technologies, Inc. (RCMT) 
Last rcm technologies, inc. earnings: 3/4 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: rcmt.com/about-rcm/investor-relations
Company Research Source: GlobeNewswire
PENNSAUKEN, N.J., Jan. 23, 2025 (GLOBE NEWSWIRE) -- RCM Technologies, Inc. (NasdaqGM: RCMT), RCM Thermal Kinetics, a division of RCM Technologies, has announced the launch of its innovative New Ethanol eXpansion Technology (NEXT) program. This solution is designed to revolutionize ethanol plant expansion projects by enhancing production capacity and energy efficiency without requiring costly and time-consuming major equipment replacement. International fuel ethanol consumption is projected to grow by 173% from 2021 through 20301. As this global demand rises, NEXT offers ethanol producers a sustainable and efficient path to increased profitability. Incorporating advanced engineering concepts adapted from the refining industry, NEXT can enable existing ethanol plants to unlock over 20% additional production annually, which, for a plant currently producing 100 million gallons of ethanol per year, would equate to an increase in production of 20 million gallons without major equipment r Show less Read more
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