April 10, 2002

Vancouver firm converts low-grade feedstock to oil

Vancouver, B.C. – Vancouver-based bio-oil company, DynaMotive Energy Systems Corporation, announced that it has successfully completed testing of its next generation pyrolysis system “BioTherm III”. The system uses low cost components and materials annd is designed to continuously process low grade feedstock such as wood bark and forest residue with high wax content.

“With the introduction of this next generation system, we are further extending our lead in this emerging technology,” said Andrew Kingston, DynaMotive’s President and Chief Executive Officer.

“The BioTherm III features a modified fuel separation system that allows us to consistently produce high quality BioOil products from a wide range of lower grade feed materials. We have now confirmed the cost of operating under a variety of operating conditions. This advance gives us a significant
technological and cost advantage,” said Kingston.

DynaMotive is an energy systems company that is focused on the development of energy solutions based on its patented pyrolysis system. Through the application of its technology and know how, the Company intends to tap into abundant organic resources that are generally discarded by the agricultural and forest industries at a cost, and economically convert them into a renewable and environmentally friendly fuel. Examples include forestry residues such as wood and bark and agricultural residues such as sugar cane bagasse. The Company has successfully converted each of these residues into BioOil and char making them a renewable and environmentally friendly oil and char reserve that is available worldwide.

Connect with Autos.ca