Global Biofuel Leaders to View Dynamotive's Biofuel Production Process in Guelph, Ontario.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), a leader in biomass-to-biofuel technology, today announced it hosted a tour of its Guelph, Ontario Guelph (IPA: gwɛlf) (population 114,943[1]) is a city located in the Southwestern region of Ontario, Canada. BioOil([R]) plant -- the first facility of its kind -- on Friday, September 14 with over seventy-five global biofuel bi·o·fuel n. Fuel such as methane produced from renewable resources, especially plant biomass and treated municipal and industrial wastes. bi experts attending. The plant was operational and for the first time the full cycle of production from wood chips to BioOil was demonstrated publicly. The plant had previously undergone testing and inspection processes by regulatory and technical authorities in readiness for continuous operation. Previous tests conducted demonstrated the capacity of the plant to operate at its nominal design capacity of 200 tonnes per day biomass input. Dynamotive and Evolution Biofuels (Dynamotive's partner in the venture) based on the successful start up will now proceed with the final commissioning and synchronization (1) See synchronous and synchronous transmission. (2) Ensuring that two sets of data are always the same. See data synchronization. (3) Keeping time-of-day clocks in two devices set to the same time. See NTP. of all systems task that is expected to be completed within two weeks. The plant will be then operated by Dynamotive's and Tecna's staff for 60 days before handing over the plant operations to Evolution Biofuels. The tour was part of a two-day conference in Toronto sponsored by the IEA IEA International Energy Agency IEA International Environmental Agreements IEA International Association for the Evaluation of Educational Achievement IEA Institute of Economic Affairs IEA Inferred from Electronic Annotation IEA International Ergonomics Association (International Energy Association) Bioenergy Task 40-Biotrade, Bioenergy Focus Ontario and the Canadian Bioenergy Association, a national non-profit organization A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes. whose mission is to promote utilization of sustainable biomass for the production of biofuels, heat and power. The Guelph plant, with a capacity to convert 200 tonnes of biomass into BioOil per day, was developed in partnership with MegaCity Recycling Inc. and operates under the name Evolution Biofuels Inc. This Dynamotive flagship pyrolysis py·rol·y·sis n. Decomposition or transformation of a chemical compound caused by heat. pyrolysis (pīrol´isis), n plant was constructed using modules that minimize on-site activities and allow for rapid deployment. It comprises eight fully assembled modules and when fully operational will process 66,000 dry tons of biomass per year with an energy output equivalent to 130,000 barrels of oil. Prior to the tour, Dynamotive's Vice President Anton Kuipers presented the company's strategic initiatives to conference attendees on Wednesday, September 12. Mr. Kuipers commented during the presentation, "With two BioOil plants completed in Canada and plans underway for additional plants in 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 in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Dynamotive is moving ahead in its global initiative to increase production of fuels from biomass." Photographs of the plant tour will be posted on the Dynamotive website today. About BioOil([R]) BioOil is an industrial fuel produced from cellulose waste material. When combusted it produces substantially less smog-precursor nitrogen oxide Noun 1. nitrogen oxide - any of several oxides of nitrogen formed by the action of nitric acid on oxidizable materials; present in car exhausts pollutant - waste matter that contaminates the water or air or soil ('NOx') emissions than conventional oil as well as little or no sulfur oxide Noun 1. sulfur oxide - any of several oxides of sulphur sulphur oxide oxide - any compound of oxygen with another element or a radical gases ('SOx'), which are a prime cause of acid rain. BioOil and BioOil Plus[TM] are price-competitive replacements for heating oils #2 and #6 that are widely used in industrial boilers and furnaces. They have been EcoLogo certified, having met stringent environmental criteria for industrial fuels as measured by Environment Canada's Environmental Choice Program. BioOil can be produced from a variety of residue cellulosic biomass resources and is not dependent on food-crop production. About Dynamotive Dynamotive Energy Systems Corporation is an energy solutions provider headquartered in Vancouver, Canada, with offices in the USA, UK and Argentina. Its carbon/greenhouse-gas-neutral fast pyrolysis technology uses medium temperatures and oxygen-free conditions to turn dry, waste cellulosic biomass into BioOil for power and heat generation. BioOil can be further converted into vehicle fuels and chemicals. The final stages of the commissioning process at the Guelph plant and the reconstruction of the West Lorne plant may be seen by viewing photographs regularly posted on the company's website at www.dynamotive.com Forward Looking Statement Statements in this news release concerning the company's business outlook or future economic performance; including the anticipation of future plant start-ups, partnerships, consortiums, teaming agreements, government assistance, other anticipated cash receipts, revenues, expenses, 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. ". Forward-looking statements are by their nature 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, changes in energy prices, availability of capital, and the Company's ability to access capital on acceptable terms or any terms at all, changes and delays in project development plans and schedules, customer and partner acceptance of new projects, changes in input pricing, competing alternative energy technologies, government policies and general economic conditions. These risks are generally outlined in the Company's disclosure filings with the Securities and Exchange Commission. |
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