GreenField Ethanol leading the fight against climate change



    Analysis Shows Johnstown Ethanol Plant To Generate Significant Greenhouse
    Gas Reductions

    JOHNSTOWN, ON, Nov. 2 /CNW/ - GreenField Ethanol, Canada's leading
ethanol producer, today announced the results of an analysis demonstrating
that its plant in Johnstown, Ontario, currently under construction, will
generate substantial reductions in greenhouse gas emissions once the plant
becomes operational.
    "We are extremely proud to be building an ethanol plant in Johnstown that
will generate significant benefits to the environment," said Bliss Baker, Vice
President of Corporate Affairs for GreenField Ethanol. "The results of third
party modeling show the plant will play an important role in combating climate
change."
    Using a sophisticated modeling mechanism developed by a well-respected
third party known as the Delphi Group, GreenField Ethanol conducted a
greenhouse gas modeling analysis on the Johnstown plant to ensure the facility
has the smallest CO(2) footprint possible. The results show that the ethanol
produced in Johnstown will displace 370,000 tons of CO(2) per year, or
9.25 million tons over the life of the plant. This is equivalent to
permanently taking 46,000 cars off the road.
    Canada's Environment Minister, John Baird, and Member of Parliament for
Leeds-Grenville, Gord Brown, toured the construction site today and received
an update on the plant's progress. The Government of Canada contributed
$15 million towards the construction of the Johnstown facility under the
Ethanol Expansion Program.
    "Together with the Government of Canada, GreenField Ethanol is making
important progress in combating climate change through projects such as the
Johnstown ethanol facility," said Baker.
    Located near the junction of Highway 401 and Highway 416, next to the
railway tracks, the Johnstown ethanol plant will produce 200 million litres of
ethanol per year once operational. Numerous studies have proven that the use
of ethanol reduces harmful greenhouse gas emissions and helps clean the air we
breathe.

    GreenField Ethanol, formerly Commercial Alcohols, is Canada's leading
ethanol producer. The company produces 250 million litres of corn-based fuel
ethanol every year at its plants in Chatham and Tiverton, Ontario and
Varennes, Quebec. 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 further information:

For further information: Tyler Fleming, (416) 642-6122

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GREENFIELD ETHANOL

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