Wit Ventures: Construction on Biofuels Plant Looking Good.

Wednesday 15 March 2017

Construction on Biofuels Plant Looking Good.

From Paul Morden and the Sarnia Observer.

Construction could begin later this year on a $25-million renewable diesel fuel manufacturing plant on land at the BIOXCorporation site in St. Clair Township.

Tim Haig, president and CEO of ForgeHydrocarbons, said the new plant planned for the site on Holt Line near Sombra is expected to employ 15 to 25 people making renewable fuel from waste fats and other low value organic oils.

The 25-million litre capacity manufacturing plant is expected to use two to four acres on a 24-acre site BIOX purchased last year from Methes Energies.

BIOX is planning to spend $5 million upgrading the former Methes plant to increase its efficiency, and allow it to use a broader range of used cooking oil and rendered animals fats to make biodiesel.

Link to the rest here.

The Wikipedia article on biodiesel.

Image credit.

Thank you for reading.

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Shirley D. Neal

Shirley has over 30 years of experience in such diverse businesses as financial planning, manufacturing, and supply. Her education includes a B.A., B.ED., M.ED., C.F.P., N.L.P. and the home inspector’s course as well as having her AZ license for five years. Her family home has given her and her husband the opportunity to do extensive renovation and repairs thereby increasing the value about $100,000 in ten years. She has been able to see firsthand how much a sensible and cost efficient renovations can add to the value of a home. Shirley has chosen joint ventures because she thinks that her experiences an help others achieve their goals and maximize the profits for both parties. In 1979, Shirley became involved in a small group of women who started a metal manufacturing company making small deep drawn metal parts for the automobile companies in Windsor. They took the company from start up to over $400,000 in sales in five years. That was a lot of parts since the parts sold for only five cents per each. In 1985 they sold the company to one of their customers. Whether it was selling mutual funds, teaching foster parents how to recruit foster parents, or working for Tony Robbins, Shirley has put more than 100 percent into every endeavour she was involved in.