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| CRANBURY, N.J. (DTN) -- Dynamotive Energy Systems Corp. and its subsidiary, Dynamotive USA, Inc., said in a news release that it will invest $24 million to build the first fully commercial industrial biofuel plant in the United States. The facility will be located on a site in Willow Springs, Mo., approximately 180 miles southwest of St. Louis, and has ready access to rail transport, proximity to biomass and the potential to host up to four additional facilities.
The facility will be a modular, second-generation biomass-to-biofuel plant that will convert 200 tons per day of wood byproducts and residues from nearby sawmills into 34,000 gallons per day of BioOil -- a trademarked industrial fuel produced from cellulose waste material. Commercial terms have been reached with local feedstock providers to supply the plant.
"This first U.S. project will demonstrate the viability of our technology in the U.S. market and the enormous potential of BioOil to help America make the transition to clean, renewable fuels that do not depend on food crops for their production. Missouri has provided a unique platform to showcase our technology and its capabilities," said Dynamotive's President and Chief Executive Officer Andrew Kingston.
The BioOil produced at the Willow Springs complex is expected to be sold to commercial and industrial users in the region through a major local distributor of renewable fuels.
"Opportunities exist for a significant expansion of Dynamotive's operations, with more than 1.1 million dry long tons of biomass per year in Missouri alone. As a result, other, similar projects in the state are currently under review," said the company, which is based in Vancouver, Canada. | |
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Dynamotive to Build Biomass-to-Biofuel Plant in Missouri
