SDTC awards $1.82 million to Lignol

By Ryan C. Christiansen | March 05, 2009
Web exclusive posted March 20, 2009, at 2:10 p.m. CST

Lignol Energy Corp., a cellulosic ethanol producer based in Burnaby, British Columbia, has been awarded $1.82 million from Sustainable Development Technology Canada, a non-profit foundation established by the Canadian government in 2001 to finance and support the development of clean technologies.

According to SDTC, the new funds are in addition to the $4.42 million that has been awarded by SDTC to Lignol to date, representing an aggregate contribution from SDTC of up to $6.24 million. The funding supports overall project costs estimated to be $20.36 million for work that will be completed by the end of the first half of 2009. The project will result in the establishment of an integrated, industrial-scale facility for the production of cellulosic ethanol and renewable biochemicals.

"The additional funding from SDTC is an important contribution that will enable us to enhance the functionality of our industrial pilot plant here in British Columbia and allow us to pursue several truly innovative breakthroughs that were developed by our renowned engineers and scientists," said Ross MacLachlan, president and chief executive officer of Lignol. "This funding has enabled us to extend this phase of operations well into the first half of 2009 with an expanded scope of our project, together with enhancements for enzyme utilization and process improvements."

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