MONTREAL, June 12, 2012 /CNW Telbec/ - La Coop fédérée signed yesterday
an ownership agreement with the most advanced biomass company in
Canada, Prairie Bio Energy Inc. (PBE Group). This agreement will make
La Coop fédérée the owner of 50 per cent of all intellectual properties
possessed by PBE Group.
This new partnership will allow La Coop fédérée to become a Canadian
leader in the promotion of agricultural biomass by supporting projects,
products, practices and equipment through an authorized distribution
As part of this partnership, many activities are planned:
Investment in projects to develop agricultural biomass in Quebec and
A possible study on the implementation of a Blue Flame boiler production
line in Quebec
Marketing of Blue Flame agricultural biomass combustion systems across
Canada and the United States
Consultation activities in the projects that require technical knowledge
in terms of agricultural biomass and/or Blue Flame
Support for the Sonic energy sector of La Coop fédérée in their desire
to develop heat production from biomass in Quebec.
La Coop fédérée proposed to the PBE Group that they work together to
study the implementation of a biomass production plant in Quebec. This
facility would process different types of biomass to add value in the
area. "Our new association with Prairie Bio Energy, leader in its
sector in this country, is very promising. There is enormous potential
for the local producers here. The expansion that La Coop fédérée is
undergoing in Canada, among other things through the acquisition of
companies in the crop production sector, is opening the door to
multiple markets. The synergy is there! The leadership from across
Quebec is moving forward through our actions in the biomass sector,"
said Claude Lafleur, CEO of La Coop fédérée.
"Quebec has an excellent potential to implement an energy sector based
on biomass. There is a big enough population to launch many projects,"
said Stéphane Gauthier, co-founder of PBE Group, "And the cost of
fossil fuels is higher here than in Manitoba."
A possible project would also focus on working in collaboration with the
oil sands industry to develop a product using a base from agricultural
biomass that would help return land that has been exploited to its
About Prairie Bio Energy Inc.
Prairie Bio Energy was launched in 2004 in Winnipeg, by two aerospace
engineers, Stéphane Gauthier and Eugene Gala. The company developed a
biofuel made primarily from dense straw that could replace coal. This
source of fossil energy is widely used in Manitoba as well as in the
rest of Western Canada.
About La Coop fédérée
La Coop fédérée represents nearly 90,000 members in 103 co-operatives
with facilities in Quebec, New Brunswick, Ontario, Alberta, Manitoba
and Saskatchewan. It employs more than 10,000 people and has
accumulated a profit of 4.6 billion dollars. La Coop fédérée is present
throughout the food chain and, as a wholesaler, provides agricultural
producers the goods and services needed to operate their businesses,
including oil products, hardware and agricultural machinery. La Coop
fédérée will celebrate 90 years of existence in 2012, which has also
been designated as "International Year of Cooperatives" by the United
Nations Secretary General Ban Ki-moon.
SOURCE LA COOP FEDEREE
For further information:
Ben Marc Diendéré
Communications Director, La Coop fédérée
Twitter : @marc_ben
Prairie Bio Energy
Email : email@example.com