Canadian Companies Develop Bio Oil Joint Venture

DynaMotive Energy Systems Corporation and UMA Engineering Ltd. have announced the signing of a Memorandum of Understanding (MOU) as the precursor to a strategic alliance agreement to develop commercial pyrolysis projects based on DynaMotive’s technology in Canada.

Vancouver, British Columbia, Canada – October 4, 2002 [SolarAccess.com] The process uses abundant organic resources that are generally discarded by the agricultural and forest industries at a cost, and economically converts them into a renewable and environmentally friendly fuel. Examples include forestry residues such as wood and bark and agricultural residues such as sugar cane bagasse. DynaMotive has successfully converted each of these residues into bio-oil and char making them a renewable and environmentally friendly oil and char reserve that is available worldwide. The work plan includes: technical feasibility, scale-up reviews (first stage successfully completed), and the development of long-term strategies for projects deployment in Canada.

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