Dynamotive and IFP Co-operate in Pyrolysis Oil Upgrading

IFP and Dynamotive Energy Systems Corporation (Dynamotive) signed a Memorandum of Understanding to cooperate in the field of pyrolysis oil upgrading with the aim to produce second Generation Biofuels.

Pyrolysis oils present several challenges to overcome as they are typically high in water, solids and acids and do not meet the specifications of fossil fuels. Dynamotive R&D venture with Dr. Radlein have started the development of a unique process which was demonstrated at the Company’s research laboratory to upgrade pyrolysis oil which could potentially overcome these challenges and could provide an economically viable process to upgrade BioOils to synthetic hydrocarbons. The Company recognizes that the development of synthetic fuels requires specific expertise which IFP has in this field.

The memorandum establishes progress milestones through 2010. Subject to satisfactory completion of the milestones, Dynamotive and IFP may enter into definitive agreements thereafter.

About Dynamotive
Dynamotive Energy Systems Corporation is an energy solutions provider headquartered in Vancouver, Canada, with offices in the USA and Argentina. Its carbon/greenhouse gas neutral fast pyrolysis technology uses medium temperatures and oxygen-less conditions to turn dry, waste cellulosic biomass into BioOil for power and heat generation. BioOil can be further converted into vehicle fuels and chemicals.

About IFP
IFP is a world-class public-sector research and training center, aimed at developing the technologies and materials of the future in the fields of energy, transport and the environment. It provides public players and industry with innovative solutions for a smooth transition to the energies and materials of tomorrow – more efficient, more economical, cleaner and sustainable. For details, please visit its website at http://www.ifp.fr/