The Top 10 Australian Bioeconomy stories of 2016

#3: The Wonder from Down Under: Licella, Canfor sign Canadian advanced biofuels deal

Licella and Canfor will form a joint-venture under the name “Licella Pulp Joint Venture” to integrate Licella’s unique Catalytic Hydrothermal Reactor upgrading platform into Canfor Pulp’s kraft and mechanical pulp mills to economically convert biomass, including wood residues from Canfor Pulp’s kraft pulping processes, into biocrude oil, to produce next generation biofuels and biochemicals.

This additional residue stream refining would allow Canfor Pulp to further optimise their pulp production capacity. Upon successful integration of the Cat-HTR technology, the Licella Pulp Joint Venture would look towards offering this solution to other third party Kraft and mechanical pulp mills.

This agreement follows a successful program of preliminary trials conducted on feedstock from Canfor Pulp’s Prince George, British Columbia pulp mill at Licella’s pilot plants located in New South Wales, Australia. In these trials, wood residue streams from Canfor Pulp’s kraft process were successfully converted into a stable biocrude oil.

The Wonder from Down Under: The Digest’s Multi-Slide Guide to Licella

We highlighted Licella as one of the “8 under $70”: biofuels ventures that can beat out cheap oil