Dynamotive Energy Systems To Build First Commercial Plant in US to Produce Liquid Biofuel from Wood Residues.

December 8, 2007 – Vol. 12 No.37

Dynamotive Energy Systems To Build First Commercial Plant in US to Produce Liquid Biofuel from Wood Residues.

Dynamotive will invest $24 million for the facility that will be located on a site in Willow Springs, approximately 180 miles southwest of St. Louis, Missouri. The site has the potential to host up to four additional facilities. Expansion of Dynamotive’s operation is possible with more than 1.1 million dry long tons of biomass per year in Missouri alone.

The BioOil (R) produced at the Willow Springs complex is expected to be sold to commercial and industrial users in the region through a major local distributor of renewable fuels. The BioOil is expected to be priced competitively to #2 heating oil, a light industrial fuel.

The modular, second-generation biomass-to-biofuel plant is designed to use Dynamotive’s proprietary “fast pyrolysis” process to convert 200 tons per day of wood byproducts and residues from nearby sawmills into 34,000 gallons per day of BioOil.

Fast pyrolysis technology uses medium temperatures and oxygen-free conditions is carbon and greenhouse-gas-neutral.

BioOil and BioOil Plus (tm) are price-competitive replacements for heating oils #2 and #6 that are widely used in industrial boilers and furnaces. BioOil can be produced from a variety of residue cellulosic biomass resources and is not dependent on food-crop production. BioOil can be further converted into vehicle fuels and chemicals.

According to Lt. Col. (Ret.) William C. Holmberg, Chairman of the Washington-based Biomass Coordinating Council and a pioneer of the renewable fuels industry, hailed the plant announcement as “an important step towards releasing America from the bonds of foreign oil, and achieving a sustainable energy future.” Holmberg pointed out that “the commercialization of BioOil adds another element to our arsenal of renewable fuels that can help address a previously neglected segment of our oil use: industrial boiler fuels. As such it complements, rather than competes with, fuel ethanol and biodiesel.”

Dynamotive Energy Systems Corporation is headquartered in Vancouver, Canada, with offices in the USA, UK and Argentina.(12/7/07)

Links:

Dynamotive Energy Systems Corporation
http://www.dynamotive.com

Disclaimer, Forward-Looking or Safe Harbor Statement on original press release: Yes