Proposed C$185 million Newfoundland wood-based biodiesel plant flounders

January 29, 2018 |

In Canada, New Green Technology’s proposed C$185 million timber-based biodiesel plant in Newfoundland isn’t likely to move forward. Nearly a year has passed since the agreement in principle was made with local authorities including securing the required timber rights to make the project viable. But the final deal was dependent on resubmitting the business plan with some changes within six months, which government and NGT blame on bureaucratic hurdles and too many cooks in the kitchen, but the plan was never resubmitted so the timber deal has been rescinded.

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Category: Fuels

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