GreenField Ethanol signs agreements with
world-class technology provider, ICM

   TORONTO, Jan. 18 /CNW/ - GreenField Ethanol announced today that it has
signed agreements with ICM, Inc - a global leader in the design and
construction of ethanol plants - to provide its technology and engineering
services for GreenField's 200-million-litre ethanol plant under construction
in Johnstown, Ontario.

    Under the agreement, GreenField is licensed to use ICM's intellectual
property for the design, construction and operation of the Eastern Ontario
plant, slated to be operational in 2008. As well, the two companies have
entered an engineering services license agreement, commissioning ICM to
provide engineering services for the plant.

    ICM technology was also used in GreenField's plant in Varennes, Quebec,
slated to open in February.

   Founded in 1995 and based in Kansas, ICM is an industry leader in the
design, construction and support of ethanol plants using corn grain. ICM is a
key innovator and advocate in the ethanol industry.

    GreenField Ethanol, formerly Commercial Alcohols, is Canada's leading
ethanol producer. The company produces 215-million litres a year of corn-based
ethanol at its plants in Chatham and Tiverton, Ontario. A third facility in
Varennes, Quebec is slated to open in February 2007 and two more plants are
under construction in Hensall and Johnstown, Ontario, and will be operational
in 2008. GreenField Ethanol will be one of the top producers in North America
with five operating plants, producing more than 700-million litres of ethanol
per year by 2008.

    GreenField's ethanol is available at more than 1,500 gas stations across
Canada.
  
  For more information visit the GreenField Ethanol website at
www.greenfieldethanol.com