Canfor Pulp Project Lands Major Grant
Prince George, B.C. – Canfor Pulp’s project to create bio-crude from the waste streams of the pulp production process has just received a major cash infusion.
The Federal Minister of Innovation, Science and Economic Development, Navdeep Bains, has announced a grant of $13 million dollars to Canfor Pulp Products to further develop and demonstrate its bio-fuels project. The bio-crude could be refined by existing refineries into bio-fuels and bio-chemicals that can be used instead of fossil fuels.
The grant is part of a joint venture with the Province of B.C. which sees the Federal and Provincial governments each contributing $20 million dollars to the Sustainable Development Technology Canada (SDTC) fund.
“We have the opportunity to create a truly renewable biofuel that can easily integrate with conventional fuels to dramatically lower environmental impacts” says Canfor Pulp Products Vice President of Operations, Martin Pudlas “This funding from SDTC provides critical support as we look to operationalize this truly transformative green technology.”
The Canfor Pulp Project is being undertaken in partnership with Licella Fibre Fuels of Australia and was first officially announced at the Bio-Energy conference in Prince George last year. Just last month, Pudlas told 250News the work continues to “develop the project from a demonstration plant level to a commercial level” and that there are a number of companies “interested in the offtake.”
The product has already been qualified for use in refineries, and the focus now is now on being able to make that product on a continuous basis. A rough estimate of production is that for every oven dried ton of fibre, you would get two barrels of the bio-crude.