The Evolution of Energy
The Company, incorporated in 1991, has commercialized a proprietary "fast pyrolysis" process that converts forest residues (bark, sawdust, shavings, etc.) and agricultural residues (sugar cane, cornhusks, bagasse, wheat straw, etc.) into liquid BioOil and char. BioOil is a clean burning, greenhouse gas neutral fuel. It has excellent combustion properties and full scale test burns verified its use as a replacement for fossil fuels to generate power and heat in stationary gas turbines, stationary diesel engines, kilns, and boilers. The char is a high BTU (heating value) solid fuel that can be used in kilns, boilers, the briquette industry, and activated char applications.BioOil Commercialization Milestones
| 2000 | BioOil patent acquired from Resource Transforms Ltd. (RTI). Dynamotive designs and builds 10 tonnes per day (tpd) commercial demonstration plant, Dynamotive completes gas turbine tests |
| 2001 | Commission of 10 tpd commercial demonstration plant, upgraded to 15 tpd, TECNA validation of technology |
| 2002 | Design and development of a 100 tpd plant |
| 2003 | Construction started for 100 tpd plant at Erie Flooring and Wood Products, West Lorne, Ontario in partnership with UMA Engineering, Ontario Power Generation, and Magellan Aerospace |
| 2005 | Completion of the first commercial plant (West Lorne, Ontario) and launch of full commercialization of Dynamotive’s technology |
| First commercial shipments of BioOil | |
| 2006 | Ground breaking for 200 tpd BioOil plant in Guelph, Ontario |
| Entry into strategic partnership with Consensus Business Group | |
| Fabrication and procurement of two 200 tpd plants to be located in Canada | |
| R&D offices & laboratory opened on University of Waterloo campus, Ontario, Canada | |
| Expansion into Latvia and the Ukraine, granting a master license to Rika Ltd | |
| Continued international expansion through Australian master license | |
| 2007 | Dynamotive launches higher energy content renewable fuel - BioOil Plus® |
| Dynamotive opens offices in United States and Argentina | |
| 200 tpd biofuel plant construction completed in Guelph, Ontario |
