Increased manufacturing capacity required to meet 2011 federal
government biodiesel target
TORONTO, Dec. 14 /CNW/ - Energy Innovation Corp. (EIC), Canada's leading
biodiesel innovator, announced today that it plans to open the City of
Toronto's first biodiesel manufacturing facility in the port lands.
Working with Invest Toronto and the property owner, Toronto Port Lands
Company (TPLC), EIC has selected an existing 8,600 square foot facility
on Unwin Avenue to produce market-ready biodiesel and meet the federal
government's renewable fuel target.
Canada currently produces just over 200 million litres of biodiesel
annually. In 2011, the country's demand will expand to over 650 million
litres to meet projections based on the Canadian Government's new
regulation requiring diesel fuel and heating oil to contain an average
of two per cent biodiesel.
EIC's first full scale manufacturing plant, to open in spring of 2011,
will have the capacity to produce over 10 million litres of biodiesel
per year. The domestic production of biodiesel will provide the
opportunity to meet Canada's mandate without relying on imports, and
reduce CO2, soot emissions and green house gases by 99 per cent.
"We are excited to bring the technology that will ensure Canada meets
its federal biodiesel mandate to Toronto," said EIC CEO Jon Dwyer.
"Setting up our first plant in the Toronto port lands will allow us to
partner with the right organizations, such as the City of Toronto,
waste management companies and local train operators, to meet this
demand and help the city emerge as a player in the burgeoning green
The facility will create 12 full-time positions in the port lands. The
Unwin Avenue facility is the first of eight EIC biodiesel production
centres to be located around the province.
"We are pleased to welcome Energy Innovation Corp. as TPLC's newest
tenant," said Mike Williams, Chair, Board of Directors, Toronto Port
Lands Company. "Innovative manufacturers in the green fuel industry
have the capability to enhance the City of Toronto's economic
competitiveness and we are proud Toronto's port lands are becoming an
emerging location in the City where these businesses are beginning to
recognize the inherent benefits of being close to the downtown core and
The production of biodiesel produces no harmful emissions. Biodiesel is
biodegradable, renewable, non-toxic and essentially sulphur free. It is
a clean-burning fuel that can run any diesel engine, from trains, buses
and waste management vehicles to generators and furnaces, without any
engine modification. Due to its organic and reusable nature, EIC's
biodiesel is sold below the cost of petro-diesel and is stable enough
to be shipped through parcel services.
EIC manufactures its biodiesel from Ontario grown flax seeds and locally
collected used coffee grounds. Currently, Canada produces 56 per cent
of the world's flax. Flax offers a diversity of applications and is
hardy in nature. Since flax oil becomes rancid and inedible when
heated, it has a very limited use. Biodiesel from flax is better suited
to cold winters than petro-diesel.
"EIC is dedicated to building community applications for the biodiesel
industry and accessing Ontario agriculture to help cities like Toronto
reduce emissions and provide jobs for local residents," said EIC
Director of Agriculture, Daniel Popper.
About Toronto Port Lands Company
The Toronto Port Lands Company is the largest property owner in the port
lands with over 400 acres in its portfolio. TPLC adds value and
contributes to the City of Toronto's new model for enhanced economic
competitiveness by being a proactive property manager and facilitator
of development in the port lands. TPLC does this by determining the
best economic return for its lands, creating employment and
contributing to the broader City Building goals. For more information,
About Energy Innovation Corp.
Energy Innovation Corp. is an Ontario fuel and food producer. EIC
processes Ontario grown flaxseed into food, fuel and animal feed;
solving the 'food vs. fuel' dilemma. EIC uses Ontario developed
technology and knowledge to create a renewable fuel for Ontario
communities. Flax flour is a healthy, omega-3 rich, high protein food
source. Flax animal feed contains omega-3 fatty acids that help create
omega-3 rich foods such as eggs, meat and milk. To learn more please
SOURCE ENERGY INNOVATION CORP.
For further information: For further information:
President & CEO
Michael L. Kraljevic
President & CEO