SunOpta BioProcess Wins Contract With Major Ethanol Producer in China
SunOpta Inc. (SunOpta or the Company) (Nasdaq:STKL) (TSX:SOY) has just announced that SunOpta BioProcess Inc. (SBI) has been awarded a contract to supply a major ethanol producer in China with the Company’s proprietary fiber preparation and pretreatment equipment for use in the production of cellulosic ethanol.
The Chinese client is one of the largest operators in the corn biochemical processing and new energy sectors in China and is owned by a consortium of leading Chinese companies including one of the largest petrochemical companies in China. SBI’s equipment will be installed in a planned cellulosic ethanol demonstration plant scheduled for completion in late 2010. The plant will be located adjacent to an existing starch-to-ethanol facility and will utilize local corn stover as feedstock. The development of cellulosic ethanol alternatives has taken a high profile in China as the Central Government has discouraged further development of corn to ethanol plants due to environmental and food supply issues.
Under the terms of the contract, which was obtained with the assistance of Pacitec, Inc., SBI’s exclusive agent in China, the Company will realize revenues of approximately $6.5 million from supply of equipment and a technology license as well as certain design and engineering services.
Murray Burke, President of SBI, commented, “We are extremely pleased that one of the largest fuel alcohol companies in China has selected SBI as its supplier of choice for fiber preparation and pretreatment as it expands its capabilities to include fuel alcohol produced from cellulosic biomass. We look forward to working with our customer to help make the demonstration plant an unqualified success. As SBI’s second major project in China, it represents another important step forward as SBI establishes its business in this very important market.”
About SunOpta Inc.
SunOpta Inc. is an operator of high-growth ethical businesses, focusing on integrated business models in the natural and organic foods and natural health markets. The Company has three business units: the SunOpta Food Group, which specializes in sourcing, processing and distribution of natural and organic food products integrated from seed through packaged products; Opta Minerals Inc. (TSX:OPM) (66.5% owned by SunOpta), a producer, distributor, and recycler of environmentally friendly industrial materials; and SunOpta BioProcess Inc. which engineers and markets proprietary steam explosion technology systems for the bio-fuel, pulp and food processing industries. Each of these business units has proprietary products and services that give it a solid competitive advantage in its sector.
The SunOpta Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=3958
About SunOpta BioProcess Inc. and SunOpta BioProcess USA Inc.
SunOpta BioProcess Inc. is a leader in the design, construction and optimization of biomass conversion process technologies, equipment and facilities. With over 30 years experience in delivering biomass solutions worldwide, SBI combines its applications expertise with innovative, patented, and proprietary technologies to produce cellulosic ethanol, cellulosic butanol, xylitol, and dietary fiber for human consumption. The company is currently designing and supplying equipment and process technology for pilot and commercial demonstration cellulosic ethanol projects worldwide.
Related Posts:- SunOpta Announces Third Quarter 2009 Results
TORONTO, Nov 5, 2009 (GlobeNewswire via COMTEX News Network) — SunOpta Inc. ("SunOpta" or "the Company") (Nasdaq:STKL) (TSX:SOY), a...
- EVATECH Wins $1.7 Million PV Solar Machine Contract
SHENYANG, China, March 9, 2010 /PRNewswire via COMTEX News Network/ — A-Power Energy Generation Systems, Ltd. (Nasdaq: APWR), a...
- Gamesa signs its first contract to supply 300 MW to China Resources Power
It will deliver 150 Gamesa G90-2.0 MW wind turbines in the second half of 2011 Gamesa has finalised a deal...
- Genencor Wins 2009 New Product Innovation Award for Enzymes for Biofuel Production
Frost & Sullivan recognizes Accellerase® products for critical role in cellulosic biofuels development Genencor, a division of Danisco A/S, is...
Please send us more information regarding Bioethanol from Casava.Thank You