Bioindustrial Innovation Canada Approves COMM SCI Project in Benefuel

NEWS RELEASE SARNIA, Ontario - Bioindustrial Innovation Canada (BIC) is a not-for-profit organization based in Sarnia, Ontario. Its goal is to help Ontario and Canada become globally recognized leaders in the field of sustainable technologies. In 2016, BIC established the Centre for Commercialization of Sustainable Chemistry Innovation (COMM SCI) initiative program, which acts as a hub for the commercialization of sustainable chemistry and bio-based innovation. COMM SCI supports BIC’s mission to provide critical strategic investment, advice and services to business developers of clean, green and sustainable technologies.

BIC is pleased to announce the approval of a COMM SCI project with Benefuel, a renewable energy company that utilizes their patented ENSEL® catalyst technology to produce a low carbon intensity biodiesel from a variety of food and agriculture waste streams, with high yields.

The purpose of this COMM SCI project is to support a Front-End Engineering Design (“FEED”) study for a 75 million litre, novel biodiesel plant to be located in Sarnia, Ontario.

The execution of this project will provide Benefuel with a well-defined, modular engineering design that can be replicated and constructed by a wide-range of fabricators. The Modular design will reduce costs, accelerate development, improve quality and lower the overall risk of execution.

Rob Tripp, Chief Executive Officer of Benefuel said, “The COMM SCI funding will enable Benefuel to complete a larger amount of engineering in its FEED study, which will provide a higher degree of certainty and accuracy in its project costing. Our refining package will provide for the processing of a wide variety of low carbon and waste feedstocks like distiller’s corn oil, used cooking oil and animal fats." Mr. Tripp further added, “We are excited to be establishing a modular design for our technology that will allow us to efficiently expand our production in other locations in Canada, the US and abroad. In addition to the investment in Benefuel equity and the project related COMM SCI funding, BIC have been an excellent partner and resource in the development of our project in Sarnia.”

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