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Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna -- Ignore unavailable to you. Want to Upgrade?

To: scion who wrote (11526)	8/19/2011 11:22:11 AM
From: streetscraper	Read Replies (1) \| Respond to of 53574

And Waste Management? Oh no....What about JBII ....where does it fit in?

To: scion who wrote (11526)	8/19/2011 11:32:42 AM
From: donpat	Respond to of 53574

Suit, tie and WHITE hard hat - he will go far!! Others could learn from that!

To: scion who wrote (11526)	8/19/2011 2:44:42 PM
From: scion	Read Replies (3) \| Respond to of 53574

Enerkem announces total financing reached C$88 million in 2011 Additional C$29 million recently raised MONTREAL, Quebec – July 28, 2011 – Enerkem Inc., a leading waste-to-biofuels and chemicals company, announced today the closing of C$29 million in additional financing through corporate equity (C$14.5 million) and corporate debt (C$14.2 million) transactions. As part of the equity financing round, The Westly Group, Fondaction CSN and Quince Associates, L.P. join existing investors Valero Energy Corp., Waste Management, Rho Ventures, Braemar Energy Ventures and Cycle Capital, who had each invested in the recently announced C$59 million equity tranche. “The closing of this financing round brings our total amount raised this year to C$88 million, which will allow Enerkem to further develop its commercial activities”, said Vincent Chornet, President and CEO of Enerkem. “This financing along with our full-scale commercial plants underway solidify our company’s leading position in the growing clean transportation fuels and biochemicals market.” “With an innovative technology, strategic investors in both upstream and downstream industries, and commercial projects under construction and under development, Enerkem is well positioned to capitalize on the emerging trends in the transportation fuels and waste industries”, said Mike Jackson, Principal at The Westly Group. enerkem.com Enerkem President and CEO a Finalist for Entrepreneur Of The Year Award by Ernst & Young MONTREAL, Canada, July 13, 2011 – Enerkem Inc., a leading waste-to-biofuels and bio-chemicals company, welcomes the nomination of its President and Chief Executive Officer, Vincent Chornet, as a finalist for Ernst & Young Entrepreneur Of The Year. “Being recognized as a finalist for this prestigious award is a great source of pride, which I wish to share with the entire Enerkem team. This honour reflects on us all and I wish to thank our partners and investors who allow us to achieve our vision and solidify our leadership”, said Vincent Chornet, President and CEO of Enerkem. “With their support and our employee’s hard work, Enerkem is now favourably positioned to meet the growth in the demand for biofuels produced from waste that would otherwise end up in landfills.” Vincent Chornet is co-founder and President and Chief Executive Officer of Enerkem. By way of his leadership, the company earned a prominent position in the cleantech and renewable energy sectors. In only ten years, the company raised more than $130 million in private capital and secured $164 million in government financial support. Due to Vincent Chornet’s vision and perseverance, Enerkem has grown from a local enterprise to a leader in the advanced biofuels and clean chemicals market. Enerkem was recently recognized by Fast Company magazine, as part of its list of the World’s 50 Most Innovative Companies, among the likes of Apple, Google and Twitter. Quebec recipients of the Ernst & Young Entrepreneur Of The Year award will be announced on October 6. Mr. Chornet is nominated in the Technology solutions category. About Enerkem Enerkem is pioneering a new line of chemicals and fuels made from garbage instead of oil or other fossil fuels. Enerkem’s cost-effective thermo-chemical technology converts waste – such as unrecyclable household garbage, demolition debris and used utility poles – into chemical-grade syngas, which is used to create advanced ethanol, bioacetates and other intermediate chemicals that form everyday products. The company currently operates two facilities in Quebec and in 2010, began construction of a municipal waste-to-biofuels plant in Alberta. In 2011, Enerkem expects to break ground on a similar facility in Mississippi for which it is receiving financial support from the USDA and U.S. DOE. www.enerkem.com enerkem.com