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Chinese Deal for Waste to Biofuel & Chemicals Firm Enerkem

28 October 2014

Canadian waste to biofuels and chemicals firm, Enerkem, has signed an agreement with Shanghai Marine Diesel Engine Research Institute (SMDERI) to develop a project partnership to jointly build a waste to biofuels facility in China.

SMDERI is a state research institute on marine diesel engine in China, as well as an enterprise group engaged in R&D, manufacturing, service and project contract.

For its part in the new project partnership, Enerkem said that it will license its proprietary technology to convert a variety of waste feedstocks into biofuels and chemicals.

The company added that the final business structure and sites are under discussions and will be announced at a later time.

The agreement was signed by Dr. Donghan Jin, president of Shanghai Marine Diesel Engine Research Institute, and Vincent Chornet, president and CEO of Enerkem in the presence of the Premier of Quebec, Philippe Couillard, as part of the Quebec government’s trade mission in China.

“Combining SMDERI’S expertise in equipment manufacturing and fuel ethanol distribution with our own strength in the conversion of waste to ethanol will create powerful synergies,” commented Chornet.

“The deployment of our disruptive technology in this market to produce clean transportation fuels from a variety of waste feedstocks also demonstrates that Enerkem’s global export capacity can help sustainably address the growing issue of waste disposal in China,” he added.

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