Canadian Enerkem, with a group of strategic partners, that include major investor Shell, along with Suncor and Proman and Hydro-Québec supplying green hydrogen and oxygen, and with the support of the Québec and Canadian governments, will build a biofuel and renewable chemicals plant in Varennes, in the Greater Montréal area.
Varennes Carbon Recycling (VCR) will produce biofuels and renewable chemicals made from non-recyclable residual materials as well as wood waste. The plant will leverage green hydrogen and oxygen produced through electrolysis, transforming Quebec’s excess hydroelectricity capacity into value-added biofuels and renewable chemicals. VCR will be a major creator of quality local direct and indirect jobs during its construction and operation.
Two Canadian companies will collaborate on innovative technology to close the loop on recycling and drive a plastics circular economy. Nova Chemicals, a leading producer of chemicals and plastic resins, and Enerkem, a world-leading waste to renewable fuels and chemicals producer, have entered into a joint development agreement to explore turning non-recyclable and non-compostable municipal waste into ethylene, a basic building block of plastics.
Enerkem Inc., a global leader in biofuels production from solid waste, closed last April a new round of financing totalling C$76.3 million. The financing comes from Enerkem’s existing investors, as well as a new investor, Suncor Energy Inc. This injection of additional capital will help foster the company’s growth by continuing the development of its other projects, including in Varennes, Québec, and Rotterdam, the Netherlands.
Royal Dutch Shell will join a consortium of world-leading companies comprising Air Liquide, Nouryon (formerly AkzoNobel Specialty Chemicals), Enerkem and the Port of Rotterdam as a partner in Europe’s first advanced waste-to-chemicals facility in Rotterdam, the Netherlands. Shell will become an equal equity partner in the proposed commercial-scale waste-to-chemicals (W2C) project, which will be the first of its kind in Europe to make valuable chemicals and bio-fuels out of non-recyclable waste materials.
Enerkem Inc., a world-leading waste-to-biofuels and chemicals producer headquartered in Canada, has successfully produced a clean, renewable bio-dimethyl ether (Bio-DME), a by-product of biomethanol, that could help address global climate change efficiently by replacing the use of diesel fuel in the transportation sector.
Large research infrastructures, a chemical and paper industry supporting a sector that is considered strategic, clusters that are able to build extended value chains, universities at the level of excellence and a federal government and provinces with a vision and an effective action plan. These are shortly all the strengths of the bioeconomy in Canada, as I saw them last week.
Air Liquide, AkzoNobel Specialty Chemicals, Enerkem and the Port of Rotterdam signed a project development agreement covering initial investments in an advanced waste-to-chemistry facility in Rotterdam, Netherlands. The facility will be the first of its kind in Europe to provide a sustainable alternative solution for non-recyclable wastes, converting waste plastics and other mixed wastes into new raw materials.
Great result in the Canadian bioeconomy. Enerkem Inc., a world leading waste-to-biofuels and chemicals producer headquartered in Montréal, completed a C$280 million investment round–its largest to date. In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing.
Enerkem Inc., a Canadian waste-to-biofuels and chemicals producer, yesterday announced it has obtained certification from the International Sustainability and Carbon Certification (ISCC) system for the biomethanol production of its Enerkem Alberta Biofuels full-scale facility in Edmonton, Canada. This biorefinery therefore becomes the first ISCC certified plant in the world to convert municipal solid waste into biomethanol.
The bioeconomy is innovation, the result of the skills and passion of researchers and managers able to create value and new high-qualified jobs. At the end of 2014 Il Bioeconomista launched a new initiative: The 10 Most Innovative Bioeconomy CEOs. We ask a panel of world bioeconomy experts to tell us the Chief Executive Officers that have stood out as the most innovative during the last year.