2007-10-02

Dynamotive plāno uzbūvēt jaunu biodegvielas ražotni Argentīnā ar jaudu 200 t/dienā (15 MW)

"Vancouver-based Dynamotive Energy Systems (OTC: DYMTF) announced plans today to build two biofuel to electricity complexes in Argentina.
The company said it planned to invest $105 million in the two self contained facilities, located in the northeastern province of Corrientes.
"We are moving forward with these projects in Argentina because the need and the economics are compatible with our corporate growth goals, and they reflect how Latin America is helping to lead the biofuel revolution," said Andrew Kingston, CEO of Dynamotive.
"We look forward to developing future plants here and elsewhere in Argentina and South America," he said.
Dynamotive said each complex will be comprised of a 15.7 megawatt electricity generating station powered by the majority of the fuel output of two 200 ton per day modular plants.
The plants will produce biofuel from wood waste and residues from nearby forests and other biomass residue. The company said excess biofuel will be sold into commercial and industrial fuel markets.
"Dynamotive's proprietary fast-pyrolysis technology is a proven and cost-effective method of turning agricultural and forest residues into renewable fuel and electric power. Furthermore, we have pioneered our technology as a readily transportable series of modules that can create such biofuel-to-electricity complexes virtually anywhere in the world," said Kingston.
The company said development and construction of the complexes will be implemented jointly with Tecna, an Argentine engineering firm, with financing to be provided by a group of banks and other private sources.
Dynamotive said the plants are expected to be fully operational late next year."

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