Tag: Canada

Ocean Park served as financial advisor to Atlantic Biodiesel on sale to Verbio

Ocean Park served as financial advisor to Atlantic Biodiesel on sale to Verbio

July 18, 2019 |

In Canada, Atlantic Biodiesel Corporation recently closed on the sale of its Canadian biodiesel plant to VERBIO Diesel Canada Corporation. Ocean Park acted as exclusive financial advisor to Atlantic Biodiesel on the transaction. The purchaser is a wholly owned subsidiary of leading German bioenergy producer VERBIO Vereinigte BioEnergie AG (“VERBIO”). VERBIO first announced that it […]

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Advanced Biofuels Canada says success of LCFS in British Columbia demonstrates how nationwide LCFS could work

Advanced Biofuels Canada says success of LCFS in British Columbia demonstrates how nationwide LCFS could work

July 18, 2019 |

In Canada, since implementing its renewable fuel standard (RFS) in 2010 and a low carbon fuel standard (LCFS) in 2013, the BC market has provided direct evidence to inform the question of how the federal clean fuel standard (CFS) may impact fuel prices. Unlike forward-looking CFS cost speculations, most of which rely on a large […]

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Canada’s conservative leader wants to scrap clean fuel standard

Canada’s conservative leader wants to scrap clean fuel standard

July 9, 2019 |

In Canada, The Canadian Press reports that the leader of the conservative party has written a letter to the Prime Minister that the new clean fuel standard that promotes increased use of biofuels to lower greenhouse gas emissions of fuels will increase prices at the pump by 4 cents per liter and reaching 11 cents […]

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Fanshawe receives nearly C$2 million to establish bioeconomy center

Fanshawe receives nearly C$2 million to establish bioeconomy center

June 24, 2019 |

In Canada, Fanshawe has received nearly C$2 million over five years from the Government of Canada to establish a research hub focused on the agri-food industry. With this funding, Fanshawe will establish the Centre for Bioeconomy within the recently opened Centre for Advanced Research and Innovation in Biotechnology (CARIB). While federal and provincial policy looks […]

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Cielo Waste closes a second tranche of private placements

Cielo Waste closes a second tranche of private placements

June 5, 2019 |

In Canada, Cielo Waste Solutions Corp. announced the closing of C$787,000 in gross proceeds in the second tranche of its previously announced private placement of convertible debenture units, initially announced on May 7, 2019. Cielo announced on May 7, 2019 a private placement offering of a targeted minimum of C$1,000,000 in convertible debentures units. Each […]

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FPInnovations commission new TMP-Bio plant in Ontario

FPInnovations commission new TMP-Bio plant in Ontario

May 27, 2019 |

In Canada, FPInnovations and Resolute Forest Products Inc. announced the commissioning of a new TMP-Bio plant in Thunder Bay, Ont. With the capacity to treat 100 metric tons of biomass annually, the bio-refinery pilot plant produces lignin and sugars for use in the development of innovative bio-products, such as wood adhesives, animal feed and composites. […]

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Federated Co-operatives Limited to acquire Belle Plaine ethanol plant

Federated Co-operatives Limited to acquire Belle Plaine ethanol plant

May 23, 2019 |

In Canada, Terra Grain Fuels (TGF) and Federated Co-operatives Limited (FCL) announced they have reached a mutual agreement in which FCL will acquire TGF’s 150 million liter-per-year ethanol plant near Belle Plaine, Saskatchewan. This move positions local co-ops across Western Canada to be able to continue to provide transportation fuels to their members to meet […]

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Bioindustrial Innovation Canada releases country’s first national Bioeconomy Strategy

Bioindustrial Innovation Canada releases country’s first national Bioeconomy Strategy

May 14, 2019 |

In Canada, Canada’s first national Bioeconomy Strategy, released by Bioindustrial Innovation Canada, reflects the views of more than 400 industry representatives from across the country. The Strategy recommends action on four key priority areas identified in foundational work by the Advisory Council on Economic Growth, the Economic Sector Strategy Tables, and Canada’s forestry ministers. These […]

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Canada announces private placement offering and closes first tranche of C$1 million

Canada announces private placement offering and closes first tranche of C$1 million

May 7, 2019 |

In Canada, Cielo announced a private placement offering of a targeted minimum of C$1 million in convertible debentures units. Each unit will consist of one $1,000 unsecured convertible debenture and 500 share purchase warrants. The Debentures will bear interest at a simple rate of 15% per annum, the initial two = years of interest to […]

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IEA Bioenergy Task 39 compares different biofuel LCA tools

IEA Bioenergy Task 39 compares different biofuel LCA tools

May 2, 2019 |

In Canada, one of the objectives of IEA Bioenergy Task 39 is to enhance the understanding of the commonalities and differences between four well-recognized biofuels life cycle analysis (LCA) models (EU’s BIOGRACE, Canada’s GHGENIUS, USA’s GREET and Brazil’s VSB). These LCA models have been used globally by industry, policy makers and regulators to evaluate and […]

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