200 Tonnes Per Day BioOil Plant Engineering Completed; Modular Plant to be Deployed in Canada and Internationally.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- DynaMotive Energy Systems Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :DYMTF) announced that the international engineering firm Tecna Proyectos Y Operaciones, S.A. (Tecna) has now completed the conceptual design for a 200 tonnes per day modular plant which uses DynaMotive's patented pyrolysis py·rol·y·sis n. Decomposition or transformation of a chemical compound caused by heat. pyrolysis (pīrol´isis), n technology. DynaMotive and Tecna co-operated extensively in the design, drawing on the experience provided by the three previous DynaMotive plants. A three dimensional rendering of the plant will be available at DynaMotive's website (www.dynamotive.com) by June 20th. The deliverables for this sophisticated engineering project included: --Conceptual design for the 200 tpd plant including design codes and product specifications --Equipment and instrument data sheets - process data. --Project diagrams, plan and fabrication fabrication (fab´rikā´sh n the construction or making of a restoration. schedules. These deliverables put DynaMotive in a position to commence procurement and construction of its next plant totally within its control. DynaMotive also confirmed that the modular design In the context of systems engineering, modular design — or "modularity in design" — is an approach aiming to subdivide a system into smaller parts (modules) that can be independently created and then used in different systems to drive multiple functionalities. will be applied to the plant currently being developed with Megacity Recycling and that it intends to replicate it in Canada and internationally. The Company is currently evaluating projects of this capacity in Europe, Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. and Asia. The design calls for a plant capable of processing 200 tonnes per day of dry biomass and producing up to 140 tonnes of BioOil and 40 tonnes of char per day (equivalent in total energy to approximately 190,000 barrels of hydrocarbon oil equivalent (BOE BOE Based on Experience BOE Board of Education BOE Boletín Oficial del Estado (Spanish) BOE Bank of England BOE Board of Equalization BOE Board of Elections BOE Barrel of Oil Equivalent BOE Bind on Equip ) per year, which translates to 132,000 BOE from BioOil and 58,000 BOE from char). The design draws from Tecna's extensive experience in plant modularization and in the energy industry. Tecna participated in the development of DynaMotive's pilot plants, which were successfully operated at DynaMotive's research facility in Vancouver during 2002 and 2003. Tecna also contributed in the development of process control systems at the 100 tonnes per day co-generation plant which is currently in the final stages of commissioning at West Lorne. Based in Buenos Aires Buenos Aires (bwā`nəs ī`rēz, âr`ēz, Span. bwā`nōs ī`rās), city and federal district (1991 pop. , Argentina, Tecna S.A. is a major engineering and construction company that has played a leading role in the oil and gas sector in Latin America and internationally. Tecna has a proven track record as an EPC (1) (Entertainment PC) See HTPC. (2) (Electronic Product Code) A standard code for RFID tags administered by EPCglobal Inc. (www.epcglobalinc.org). contractor in the energy sector, delivering high quality installations and providing project completion guarantees for multinational energy companies. After 30 years in the market, Tecna is a sound and experienced Company that has extended well beyond the boundaries of Argentina. DynaMotive is an energy systems company focused on the development of innovative energy solutions based on its patented fast pyrolysis system. Through the application of fast pyrolysis, DynaMotive unlocks the natural energy found in the world's abundant organic resources traditionally discarded by the agricultural and forest industries. DynaMotive's technology economically converts biomass into a renewable, environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] fuel. DynaMotive has successfully demonstrated conversion of these residues into fuel known as BioOil, as well as char. Forward Looking Statement Statements in this news release concern the company's business outlook or future economic performance; its anticipated ability to deploy the 200 tpd plant design, or other financial items; and statements concerning assumptions made or expectations as to any future events, conditions, performance or other matters, are "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " as that term is defined under the Federal Securities Laws. Forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from those stored in such statements. Such risks, uncertainties and factors include, but are not limited to, future capital needs, changes and delays in product development plans and schedules, customer acceptance of new products, changes in pricing or other actions by competitors, patents owned by the Company and its competitors, and general economic conditions, as well as other risks detailed in the Company's filings with the Securities and Exchange Commission. |
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