Dynamotive's plant located within West Lorne, Ontario, wood flooring facility receives order extension for nine more shipments of BioOil from U.S.-based client
VANCOUVER, British Columbia
November 3, 2009
– Dynamotive Energy Systems Corporation (OTCBB:DYMTF) a leader in biomass-to-biofuel technology, announced that it has received a new order for BioOil from a US based client. The order for nine shipments of BioOil to be delivered over a period of 3 months has an estimated value of $ 130,000 and takes planned deliveries from the plant to April 2010. The extension follows an initial order for 18 shipments of BioOil received earlier in the year. To date 50% of the shipments corresponding to the initial order have been produced. The extension takes the total value of the contract at approximately at $390,000. Dynamotive disclosed that it is in negotiations for deliveries beyond the current extension with the client and that it has delivered sample shipments of BioOil and char to other potential buyers in continuation of its marketing efforts.
The plant operated dry biomass input capacities of 100 metric tons per day (> 75% of nominal capacity) and peak feed rates of 116.8 metric tons per day (90 % of nominal capacity) for a number of days.
Dynamotive’s West Lorne plant is capable of processing up to 130 tonnes per day of biomass and is located within a wood flooring manufacturing facility in Ontario, Canada.
® BioOil is a registered trademark of DynaMotive Energy Systems Corp.
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. Photographs of the Guelph and West Lorne plants may be seen on the company's website www.dynamotive.com.
About BioOil® Biofuel
BioOil® is an industrial fuel produced from cellulose waste material. When combusted it produces substantially less smog-precursor nitrogen oxides (‘NOx’) emissions than conventional oil as well as little or no sulphur oxide gases (‘SOx’), which are a prime cause of acid rain. BioOil® and BioOil Plus™ are price-competitive replacements for heating oils #2 and #6 that are widely used in industrial boilers and furnaces. They have been EcoLogo certified, having met stringent environmental criteria for industrial fuels as measured by Environment Canada’s Environmental Choice Program. BioOil® can be produced from a variety of residue cellulosic biomass resources and is not dependent on food-crop production.
© 2017 Business Wire, Inc., All rights reserved.