DynaMotive moves forward with Nova Scotia bio-oil facility
Vancouver-based DynaMotive Energy Systems has signed an interim project development agreement with E & R Langille Contracting Ltd. for a potential 500 tonne a day BioOil production facility. The feedstock will be wood chips and other biomass. A site in Pictou, N.S., has been chosen, initial technical and economic studies have been completed, and the next steps are to come up with details for project capitalization, ownership structure and technology licensing.
“The proposed plant is expected to be completed in two stages, comprised of an initial 200 tpd (tonnes per day) facility with a further module to be added subsequently,” according to a company release. “The parties have confirmed access to 500 tonnes per day of biomass for the proposed plant.”
DynaMotive announced on July 12 that there was a potential to build such a plant in Nova Scotia. The company considers this most recent announcement a major step forward, and a strong followup to its West Lorne facility.
Tyler Hamilton is associate publisher and editor-in-chief of Corporate Knights magazine and former business columnist for the Toronto Star. This blog is a personal project started in April 2005.
