Cellufuel Inc. receives $2,152,693 funding from Sustainable Development Technology Canada (SDTC)4/4/2016
Cellufuel Inc. has received $2,152,693 funding from SDTC to development a drop-in renewable fuel from cellulosic biomass.
A drop-in biofuel – made from biomass that is chemically indistinguishable from petroleum-based fuel and compatible with currently used fuel infrastructure and engines – has been difficult to produce. Cellufuel’s catalytic depolymerisation technology converts wood into renewable diesel that meets the quality of petroleum diesel. This project will build a demonstration scale plant at a former newsprint mill, demonstrating the commercial viability of the process including the production cost and product quality. Cellufuel leveraged $4,370,619 in additional funding for a total project value of $6,523,312. Cellufuel Inc. is a Nova Scotia based start-up that is focused on the production of synthetic renewable fuels from forestry biomass. They will be included as a Technology Tour location during the 2016 Atlantic Biorefinery Conference. Click here to learn more. Comments are closed.
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May 2018
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