EXPANDER PROCEEDS WITH CARSELAND BIO-SYNFUELS PROJECT
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The Carseland project will integrate:
- the operational
Rocky Mountain Clean Fuels Inc. (RMCFI) Natural Gas to Liquids facility - a new Biomass Gasifier capable of providing additional bio-syngas feed for the facility and increasing production by 8 million liters/year of Bio-SynDiesel™ and Bio-SynJet™
- a new Isomerization unit capable of producing Arctic Diesel and Synthetic Kerosene (Jet)
- a new hydrogen purification unit to allow for Hydrogen vehicle fueling in the
Calgary area
Expander has a firm contract for supply of biomass feedstock.
Expander has received approval from the British Columbia Low Carbon Fuels Branch for a new fuel code BCLCF702.0 - Renewable Synthetic Diesel produced from wood waste (cellulose) with a Life Cycle Carbon Intensity of 32.56 gCO2e/MJ.
Over the next few weeks, Expander will work with the other project stakeholders to re-instate commercial agreements and the regulatory applications required for the project.
The completed facility will be a global showcase of next generation synthetic fuel production.
"We are looking forward to working with Expander on the additions to the
"Expander is confident that there is sufficient strategic, financial and government support for the commercial demonstration of this paradigm changing technology." said
About Expander
Forward Looking Information
This press release contains "forward-looking information" within the meaning of Canadian securities legislation. Forward-looking information generally refers to information about an issuer's business, capital, or operations that is prospective in nature, and includes future-oriented financial information about the issuer's prospective financial performance or financial position.
The forward-looking information in this press release relates to Expander's plans to build and operate Biomass to Liquids facilities.
Expander have made certain material assumptions to develop the forward-looking information in this presentation, including assumptions about the availability of financing to build Biomass to Liquids facilities and the demand for paraffinic synthetic diesel, jet and naphtha. By its nature, forward-looking information is subject to various significant risks and uncertainties, which could cause the actual results and expectations to differ materially from the anticipated results or expectations expressed in this news release.
Expander assume no obligation to update or revise the forward-looking information in this press release unless it is required to do so under Canadian securities legislation.
A copy of this news release is available on the SEDAR+ profile of Cielo at www.sedarplus.ca.
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