GreenField Ethanol Tiverton plant to receive new funding from Government of Canada



    TORONTO, April 15 /CNW/ - GreenField Ethanol's Tiverton plant was pleased
to host Ben Lobb, Member of Parliament for Huron-Bruce - today on behalf of
the Honourable Lisa Raitt, Minister of Natural Resources, where he announced
that the Tiverton facility will receive up to $14 million from the Government
of Canada's ecoENERGY for Biofuels program. Mr. Lobb was joined at today's
announcement by Marty Cormier, Vice President of Bulk Manufacturing,
GreenField Ethanol.
    The ecoENERGY for Biofuels program supports the production of renewable
alternatives to gasoline and diesel, encourages the development of a
competitive domestic industry for renewable fuels and provides an operating
incentive to facilities that produce renewable alternatives to gasoline and
diesel in Canada.
    "These funds will help GreenField Ethanol in our committed vision to help
broaden Canadian's fuel choices through the use of innovative technologies and
disciplined leadership. They will also result in an important investment that
contributes to greater workplace opportunity for the Tiverton community," said
Robert Gallant, President and CEO of GreenField.
    "This investment is an example of how our Government is working for
families in Tiverton," adds Mr. Lobb. "This funding will help create local
jobs and economic opportunities for local businesses, both of which are more
important than ever given the current global recession. In the long run,
increasing our supply of cleaner fuels will also reduce greenhouse gasses and
contribute to a healthier environment for all Canadians."
    Compared to gasoline, grain-based ethanol can reduce greenhouse gas (GHG)
emissions by up to 40 percent on a lifecycle basis. For biodiesel, the
emissions reduction can be as much as 60 percent.
    Through the ecoENERGY for Biofuels program, the Government of Canada will
invest a total of $1.5 billion over nine years to encourage the development of
a strong, competitive renewable fuels industry in Canada.

    GreenField Ethanol Inc. (www.greenfieldethanol.com) is Canada's leading
ethanol producer. The company produces 550 million litres a year of ethanol at
its plants in Johnstown, Chatham and Tiverton, Ontario and Varennes, Quebec.
Another plant is in development in Hensall, Ontario. GreenField is actively
involved in the development of biochemical process technology to produce
cellulosic ethanol at its research facilities in Chatham, Ontario. The company
is also working with Enerkem Inc. to build thermochemical cellulosic ethanol
plants. GreenField's ethanol is available at more than 1,300 gas stations
across Canada. The federal government contributed $15 million toward the
construction of this plant under the Ethanol Expansion Program.





For further information:

For further information: Megan Johnson, GreenField Ethanol, (647)
501-6556, Email: m.johnson@greenfieldethanol.com

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GREENFIELD ETHANOL

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