Creating renewable crude at a comparable price to conventional crude, having a >80% carbon intensity reduction
Licella™ has formed a global joint venture with Canfor Pulp, targeting the huge but stressed pulp and paper market. Canfor Pulp is a Canadian (TSX) listed leading global supplier of pulp and paper products.
The joint venture was formed to own, develop and license the integration of the Cat-HTR™ platform into kraft and mechanical pulp mills.
Once integrated, the Cat-HTR™ upgrading platform will economically convert wood residues (waste streams) from the kraft pulping processes, into renewable biocrude, to produce advanced biofuels and biochemicals.
This additional residue stream refining would allow Canfor Pulp to further optimise their pulp production capacity.
The formation of the joint venture follows a successful program of trials at Licella’s pilot plants conducted on feedstock from Canfor Pulp’s Prince George (British Columbia) pulp mill.
Recently (March 2017) Canfor was awarded a CA$13M non-repayable contribution through Sustainable Development Technology Canada that will enable Canfor to further develop and demonstrate Licella’s technology.
This initial commercial plant at Canfor Pulp’s Prince George mill. At 500,000 bbl/annum biocrude production, will be one of the largest “2nd generation” bio-refineries in the world.
Upon successful integration of the Cat-HTR™ technology, the joint venture would look towards offering this solution to Kraft and mechanical pulp mills globally.
“Biofuels and biochemicals represent the next frontier in the utilization of sustainable wood fibre to produce green energy and chemicals.”
– Don Kayne, CEO of Canfor
“The Cat-HTR™ process is a strong technical fit for the kraft process. The opportunity to directly produce advanced biofuels from our existing streams could transition Canfor Pulp from being strictly a pulp and paper manufacturer to a bio-energy producer as well. The Licella™ technology has significant similarities to our existing processes which makes this partnership a natural fit.”
– Brett Robinson, President of Canfor Pulp
“Licella’s Cat-HTR™ technology may add significant value to Canfor Pulp’s kraft process by creating new products from Canfor Pulp’s waste streams. What we are potentially building towards is a bio-refinery to utilise the entire tree, rather than part of the tree.”
– Dr Len Humphreys, CEO of Licella™
For more information on Canfor: www.canfor.com