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Waste-to-biofuels company Enerkem files for

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http://www.greencarcongress.com/2012/02/enerkem-20120204.html

 

Waste-to-biofuels company Enerkem files for IPO

3 February 2012

 

Waste-to-biofuels and chemicals company Enerkem has filed a registration statement on Form F-1 with the US Securities and Exchange Commission...

 

...he company expects to raise up to $125 million.

 

Enerkem’s technology converts municipal solid waste (MSW) and other heterogeneous waste feedstocks, consisting of mixed textiles, plastics, fibers, wood and various other forms of waste, into a pure, chemical-grade synthesis gas, or syngas. This syngas is then converted into biofuels and chemicals through well-established catalytic reactions.

 

Enerkem says that its low-severity gasification process significantly reduces operating and capital costs due to lower temperature, pressure and energy requirements to break down heterogeneous waste feedstock. Enerkem is still a development stage company and has not yet generated any revenue from the sale of our products.

 

While its primary focus is the commercial production of cellulosic ethanol, it also intends to expand to multiple products beyond ethanol by taking advantage of its ability to produce a pure, chemical-grade syngas that serves as a key intermediate for the production of renewable chemicals.

 

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They currently have a 5mgy pilot plant in Quebec, and a 1.3mgy plant in Edmonton Alberta that is just about to start production.  The have a 3rd plant (also 10mgy) in Pontotoc, Mississippi that is under development.  This is very good news.

 

The Alberta plant is using "presorted MSW", while the Mississippi plant is using "presorted MSW and wood residues"

 

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