RENFREW, ON, April 4, 2014 /CNW/ - CRIBE is providing an investment of
up to $1.5 Million to leverage a total project value of up to $4
Million to enhance Ensyn Technologies' Renfrew facility by increasing
production capacity and making it a first-of-its-kind dedicated
By enhancing their existing facility in Renfrew, Ensyn will have a
fast-to-market option for delivery of their petroleum-replacement
liquid biofuel produced from forest residues to heating oil customers
in Quebec and Northeastern United States.
This investment will secure the 14 existing full time staff in Renfrew,
as well as add 14 full-time positions as the plant is brought up to
full production capacity. Capacity at the facility will be increased
from approximately 3 Million litres to 13 Million litres of RFO
Ensyn's biofuels business is based on the conversion of wood and other
non-food, cellulosic biomass to advanced cellulosic biofuels. Ensyn's
principal product is RFO™, a liquid biofuel that is a heating fuel and
is also a feedstock for refineries for the production of gasoline and
The US Environmental Protection Agency (EPA) has recently approved
Ensyn's Renfrew plant as a registered facility under the US Renewable
Fuel Standards (RFS2) program. Ensyn will now be able to produce
cellulosic biofuel that will be eligible for credits under the program.
This has significantly accelerated customer demand from US clients.
The CRIBE funding will support capital investment at Ensyn's facility in
Renfrew to meet this immediate demand. This targeted capital investment
will address the following:
Enhance and expand the feedstock receiving, drying and preparation;
Enhance the RFO fuel conditioning process; and
Improve the RFO fuel handling capabilities.
On March 7th, 2014 Ensyn announced an initial contract for the supply of RFO from
the enhanced production capacity at Renfrew. Ensyn signed a five year
contract with Memorial Hospital of North Conway, New Hampshire for the
supply of RFO for heating purposes, replacing petroleum-based fuels.
"Through CRIBE, Ontario is investing in bio-mass research and innovation
not just in Northern Ontario, but throughout the province," said Reza
Moridi, Minister of Research and Innovation. "Companies like Ensyn
Technologies are leading the way, creating the next generation of
renewable fuels, along with jobs and opportunities that will help
ensure Ontario's future prosperity."
"This project represents a critical step in our biofuels development
process" said David Boulard, President of Ensyn Technologies. "Although
Ensyn has had commercial operations for many years, and while the
Renfrew facility has served us well as a commercial merchant facility
for contract production and business development, Renfrew will be our
first commercial facility dedicated to biofuel production and will
allow us to accelerate the development of market demand. We are
pleased that CRIBE has elected to help us on this important project".
"Ensyn has been a leader in the development and commercialization of
innovative products and materials derived from wood based fibres
through application of its RTP technology," said Lorne Morrow, CEO of
CRIBE. "This strategic investment by CRIBE not only supports the future
of Ensyn's Renfrew RTP facility but also supports wood based forest
industries in the area through the increased use of forest residue at
the Renfrew facility".
The Centre for Research and Innovation in the Bio-Economy is a provincial initiative to transform the forest products industry in
Northern Ontario. We're an independent, not-for-profit research
corporation, with $25 million in funding provided by the government of
Ontario, that partners closely with other relevant organizations to
provide support to direct and turn research results and innovative
business opportunities into operational realities. CRIBE will help the
bio-economy to play a central role in the metamorphosis of Northern
Ontario's future - creating jobs, opportunity and prosperity.
Ensyn is a producer of advanced cellulosic biofuels and is increasing
production capacity of RFO, its principal biofuel product, to meet
demand. RFO is a renewable heating fuel and is also a refinery
feedstock for the production of transportation fuels. Ensyn is
expanding capacity at its existing facility in Renfrew, Ontario, and is
developing projects in the U.S. and Brazil. Ensyn's RTP® technology
has produced over 37 million gallons of RFO since 1989, dedicated
primarily to chemicals and heating fuels; Ensyn is now increasing
production in conjunction with key strategic relationships including
UOP, a Honeywell company; Chevron Technology Ventures; Fibria Celulose
(Brazil), and Felda Palm Industries (Malaysia).
SOURCE: CRIBE (Centre for Research and Innovation in the Bio-Economy)
For further information:
Lorne Morrow, CRIBE CEO (807) 620-6850 email@example.com
David Boulard, President, Ensyn Technologies Inc., (613) 248 2257, firstname.lastname@example.org