Enerkem Inc. announced it has signed an agreement with Sinobioway Group worth over C$125M in the form of equity investment in Enerkem Inc., future licenses, equipment manufacturing and sales, as well as for the creation of a major joint venture that will lead the construction of over 100 Enerkem state-of-the-art facilities in China by 2035. The announcement was made in the presence of the Premier of Quebec, Philippe Couillard, during his China trade mission.
Sinobioway, a flagship conglomerate in China's bio-industry, will help accelerate Enerkem's global growth by opening the Chinese market to Enerkem's pioneering waste-to-biofuels technology. This joint venture will spearhead the development of a clean economy, reducing air pollution by producing renewable fuels from non-recyclable garbage.
"Our breakthrough clean technology produces a much needed low-carbon transportation fuel and sustainable waste management solution to help China achieve its climate change objectives," said Vincent Chornet, President and CEO of Enerkem. "We are proud to collaborate with a leading Chinese bio-industrial partner to expand our commercial footprint."
"We are excited to partner with a leading Canadian cleantech company to help meet our country's commitment to reducing greenhouse gas emissions and move towards renewable energy," said Dr. Aihua Pan, Sinobioway's Chairman.
W2C Rotterdam project welcomes Shell as partner
A consortium of world-leading companies comprising Air Liquide, Nouryon (formerly AkzoNobel Specialty Chemicals), Enerkem and the Port of Rotterdam – has announced that Shell will join as a partner in Europe’s first advanced waste-to-chemicals facility in Rotterdam, the Netherlands. Shell w ... more
Initial funding to kick off waste-to-chemistry project in Rotterdam
A consortium of companies comprising Air Liquide, AkzoNobel Specialty Chemicals, Enerkem and the Port of Rotterdam has signed a project development agreement covering initial investments in an advanced waste-to-chemistry facility in Rotterdam. The facility will be the first of its kind in E ... more
Waste-to-chemicals consortium boosted by new partners
A major Dutch initiative designed to investigate how waste can be used as a raw material to produce chemicals has more than doubled in size since being launched late last year. Initially formed by AkzoNobel, Enerkem and four regional partners, the collaboration has since attracted eight mor ... more
Enerkem is a leader in the development and production of advanced biofuels and green chemicals. The company is headquartered in Montreal, Quebec, and has engineering offices in Sherbrooke, Quebec. Enerkem's gasification, sequential gas conditioning and catalysis technology converts sorted m ... more
