BioOil Cogeneration Plant Construction Schedule Se
Vancouver, BC, Nov. 4--DynaMotive Energy Systems Corporation, Erie Flooring and Wood Products, Magellan Aerospace Corporation's Orenda division, Bruks-Klockner, Ramsay Machine Works and UMA Engineering announced today that the construction schedule for the Erie Flooring waste-to-energy system capable of converting wood residue into BioOil and generating green electrical power has been agreed.
The schedule predicts mechanical completion in April, 2004 and commissioning and production ramp-up completed before the end of June, 2004. It was further confirmed that detail design has been completed and major components have been ordered. Progress on the construction schedule would be made available at DynaMotive's website at www.dynamotive.com on a monthly basis.
DynaMotive intends to deliver this first commercial system to Erie Flooring and Wood Products, with other projects to follow. The fuel would be utilized to drive an Orenda power generation system capable of generating 2.5 megawatts of electricity and 12,000 lbs/hr of steam for Erie Flooring's operations and providing green power to Ontario's grid system.
Commenting on the schedule Andrew Kingston, President & CEO of DynaMotive, said, "Maintaining this schedule to a successful start-up is critical for the commercialization of our combined renewable energy technologies. The partners' commitment to this schedule reflects the importance of this project and the future potential that successful completion would imply. I look forward to confirming the achievement of these milestones as we progress."
"This aggressive schedule is only possible due to the extensive background and pre-construction work done with our technical partners," said Warren Johnson, DynaMotive's Chief Technology Officer. "Timely investment of key resources by DynaMotive and partners have made this scheduling possible."
Alan Vandenbrink, General Manager of Erie Flooring and Wood Products commented, "Having evaluated various alternatives for value added utilization of our residue, we are pleased to support this project and look forward to its timely completion."
Frank Button, VP and General Manager, Magellan Aerospace Repair, Overhaul and Industrial commented, "Our extensive background with high performance military turbine engines has allowed us to develop the technology to use DynaMotive EcoLogo certification 'BioOil' in our power generation turbine to develop "Green Energy". The successful completion of this project will complete the commercialization of this technology."
