Dynamotive Launches Higher Energy Content Renewable Biofuel For Industry
January 16, 2007
Dynamotive Energy Systems Corporation (OTCBB:DYMTF), which develops and markets biomass-based biofuel technology and products based on its advanced fast pyrolysis process, today announced the introduction of ‘Intermediate BioOil’, a higher energy grade of BioOil aimed as an alternative fuel for the intermediate and heavy fuel oil markets and as a higher energy source for production of synfuels from biomass.
The fuel was developed at Dynamotive’s West Lorne facility and has undergone combustion, emission and certification tests throughout 2006.
Intermediate BioOil’s heat output averages 14% higher than the company’s standard BioOil. Developed to compete functionally and on price-performance with commonly used industrial fuels such as No. 2 and No. 6 heating oil, it is a blend of 80% BioOil and 20% char ground to under 8 microns.
Intermediate BioOil produced at West Lorne recently received EcoLogo certification, having met stringent environmental criteria for industrial fuels as measured by Environment Canada’s Environmental Choice Program. EcoLogo signifies that the manufacturing process of the product and its production facility has been audited by a third party sanctioned by Environment Canada, and supported by empirical data on combustion tests conducted by both the company and authorized third parties.
Dynamotive also disclosed that this fuel grade can be produced at its new Guelph, Ontario plant and that it would seek certification for fuel from this plant once it is in operation. Construction is forecast to be completed in the spring. The new 200 tonne-per-day plant, located about 40 miles west of Toronto, is the company’s second BioOil plant in the province.
Dynamotive President and CEO, Andrew Kingston, stated, “This new product and the EcoLogo certification are important developments in Dynamotive’s drive to offer competitively-priced, environmentally-friendly, renewable fuel alternatives for conventional fuel and heating oils, as well as an economical feedstock for conversion into synthetic fuels, including syn-diesel.”
“Dynamotive’s BioOil and Intermediate BioOil can be used in burners, furnaces, and the BioOil also in gas turbines. By varying the carbon content, customers requiring higher thermal outputs can now have a renewable fuel choice to meet their needs and reduce costs,” he said.
Both BioOil and char are produced simultaneously during Dynamotive’s proprietary fast-pyrolysis process, which creates a usable source of energy from cellulosic biomass. Fast pyrolysis is a carbon/greenhouse-gas-neutral technology that rapidly heats biomass in an oxygen-free environment to turn dry waste and energy crops into BioOil and char for power and heat generation.