Woodland Biofuels Gains Demonstration Plant Loan

By Staff | August 12, 2013

Woodland Biofuels has announced it will receive up to $800,000 in funding from the Canadian government under the Federal Economic Development program. The money will be used to operate and optimize its demonstration-scale plant in Sarnia, Ontario. 

The funding comes in the form of a loan, with what President and CEO Greg Nuttall called “favorable repayment terms,” through the Investing in Business Innovation initiative. 

Woodland Biofuels’ Catalyzed Pressure Reduction technology can be used to produce cellulosic ethanol utilizing a variety of feedstocks. The company plans to test different feedstocks at its demonstration plant, which is in the commissioning phase. 

"Our government recognizes that innovation holds the key to long-term economic stability for the people, communities and businesses of Ontario," said Parliament member Pat Davidson. "Our investment in Woodland Biofuels will lead to opportunities for job creation, growth and long-term prosperity in Ontario, and will strengthen Canada's position as a global leader in clean energy."