Corporate History

Dynamotive Energy Systems Corporation was founded in 1990 to develop and commercialize technologies that improve industrial efficiency while solving major environmental problems. The company was incorporated and commenced operations in Canada in 1991, went public in 1996 and is currently traded on the Over-The-Counter Bulletin Board (OTC:BB) under the symbol DYMTF.

Since inception, Dynamotive has successfully commercialized two technologies: a motion control system for automotive stud welding and DynaPower industrial metal cleaning systems. The firm is well into the process of bringing a third technology to the market, a Fast Pyrolysis process for producing BioOil from organic waste.

In 1996, the Company licensed the Fast Pyrolysis process from Resource Transforms International Ltd. (RTI), a partner company located in Waterloo, Ontario. Dynamotive then began to focus exclusively on the Fast Pyrolysis process and its derivative products. In February of 2000, the Company acquired the exclusive worldwide Pyrolysis patents from RTI to consolidate its position as a world leader in BioOil production technology.

Dynamotive also designed and constructed a 10TPD (Tonne Per Day) commercial demonstration plant at the BC Research Facility in Vancouver, Canada. In 2001, the plant was commissioned and upgraded to 15TPD. The engineering firm Stone & Webster validated the technology and confirmed that the process was “reliable and scalable.”

From 2001 to 2003, Dynamotive focused on developing a commercial size 100TPD plant. Construction started in late 2003 in West Lorne, Ontario with Erie Flooring Inc and the Orenda Division of Magellan Aerospace. Orenda developed a turbine that would be fueled by BioOil and generate 2.5MW of electricity to the Ontario Power-grid.

In 2005, the West Lorne Plant was completed after delays in construction. Shipments of BioOil began and plans were drawn up to develop a 200TPD plant in Guelph, Ontario.

In early 2006, ground breaking for the Guelph Plant commenced and an upgrade to improve the reliability and increase the output of the West Lorne plant also commenced. A research facility and laboratory looking into further uses for BioOil and BioChar was opened in Waterloo, Ontario under the guidance of Dr. Desmond Radlein. A master license was granted to Renewable Oil Corporation (ROC) to develop markets in Australia.

In 2007, the Guelph plant was completed. At the same time, the 15TPD Pilot Plant and 2TPD Test Plant were moved to Guelph, Ontario. Dynamotive continued to expand its operations by opening offices in the US, and Argentina.

2008 saw upgrades to the West Lorne Plant. Sustained runs were achieved and shipments of BioOil and BioChar were made. Research into refining BioOil to create sythetic mobile fuels proceeded into 2009 when Dynamotive succeeded in upgrading its BioOil to “drop-in” mobile fuels.