Enerkem Announces New Project Partnership in China

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Oct 27, 2014, 09:30 ET

JINAN, China, October 28, 2014 /PRNewswire/ --

Enerkem Inc. (http://www.enerkem.com), a waste-to-biofuels and chemicals producer, today announced it has signed an agreement with Qingdao City Construction Investment Group Co. Ltd. to develop a project partnership to jointly build a municipal solid waste-to-biofuels facility in Qingdao.

The agreement was signed by Mr. Luzheng Xing, Director General, Qingdao City Construction Investment Group, and Mr. Vincent Chornet, President and CEO of Enerkem. This additional project partnership for Enerkem in China was announced in the presence of the Governor of Shandong, Mr. Guo Shuqing, and the Premier of Quebec, Mr. Philippe Couillard. It follows two previous project partnerships confirmed by Enerkem yesterday during the Quebec government's trade mission in China.

"We are proud to combine forces with our esteemed partner in Qingdao to address local waste challenges and transform garbage into clean transportation fuels," said Vincent Chornet, President and CEO of Enerkem. "Our modular waste-to-biofuels facilities can be replicated in any community as a competitive and sustainable alternative to incineration or landfilling. We are thrilled to export this game-changing technology to China."

In this new project partnership, Enerkem will license its exclusive technology to convert local urban waste from China into biofuels and chemicals. The final business structure and sites are under discussions and will be announced at a later time.

About Enerkem Inc.

Enerkem makes biofuels and renewable chemicals from waste. With its proprietary technology, Enerkem converts non recyclable municipal solid waste into methanol, ethanol and other widely used chemical intermediates. Headquartered in Canada, Enerkem operates both a demonstration plant and a pilot facility in Quebec and is beginning operations at Enerkem Alberta Biofuels, its first full-scale commercial facility. The company is developing additional biorefineries in North America and globally, based on its modular manufacturing approach. Enerkem's technology and facilities help diversify the energy mix and make everyday products greener while offering a sustainable alternative to landfilling and incineration. http://www.enerkem.com

Source: Annie Paré, Director of Communications, Enerkem Inc., +1-514-875-0284, x. 251, [email protected]

SOURCE Enerkem Inc.