| Regina
, Saskatchewan--HTC Purenergy (“HTC”) announced today that with funding
assistance of $2.5 million from the Governments of Saskatchewan and Canada,
it will build a demonstration plant to showcase its proprietary technology,
which is expected to significantly reduce the costs of bio-diesel and ethanol
production.
This commercial sized demonstration
plant will be located at the University of Regina’s – Green House Gas Technology
Centre which also houses HTC’s Technical Services Product Development Centre.
HTC plans to demonstrate in a full
commercial scale production unit, technology it has been working on for
the past four years that reduce the need for carbon fuels such as natural
gas in the production of bio-diesel and ethanol.
The $3.6 million plant is expected
to demonstrate two key cost reduction processes: using pre-distilled ethanol
and a bio-diesel waste product – glycerol, to produce hydrogen that will
be used as a replacement energy source or a saleable commodity
The project will begin immediately,
with full construction and commissioning expected to be completed by December,
2008.
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