16 January 2013 13:47 [Source: ICIS news]
TORONTO (ICIS)--Enerkem expects to begin commissioning its renewable chemicals and biofuels plant in Edmonton, Alberta, this summer, the Canadian renewable chemicals firm said on Wednesday.
The plant will use municipal non-recyclable and non-compostable waste to produce renewable fuels and chemicals, Enerkem said.
According to information on Enerkem’s website, the plant will have a total capacity of 38m litres/year to produce ethanol and methanol. In addition to the plant in Edmonton, Enerkem is developing a similar project in Pontotoc, Mississippi, in the US.
Enerkem also said that it closed a Canadian dollar (C$) 37m ($37m) deal with two investors, Waste Management of Canada and EB Investments, to help finance the Edmonton project.
"We're glad to see Waste Management and EB Investments strengthen their relationship with us by increasing their direct investment in the Edmonton facility," said Enerkem CEO Vincent Chornet.
"This is further validation of Enerkem's business model and leadership position in the market for waste-to-fuels and chemicals," Chornet added.
($1 = C$0.99)
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