Wit Ventures: Benefuel to Build Biodiesel Refinery in Sarnia.

Wednesday 4 April 2018

Benefuel to Build Biodiesel Refinery in Sarnia.

From Paul Morden, Sarnia Observer.

Benefuel, a company with offices in Ottawa and Texas, is working to build biodiesel refinery in Sarnia expected to begin operating in 2020 with more than 40 workers.

Sarnia-based Bioindustrial Innovation Canada, a government-funded agency working to help new sustainable technologies reach the market, said Tuesday it has invested in Benefuel to allow it to complete engineering needed as a final step before building a plant in Sarnia.

“We recognize the need for low carbon transportation fuels and Benefuel provides an important step forward to meet these goals,” Sandy Marshall, executive director of Bioindustrial Innovation Canada, said in a news release.

Rob Tripp, chief executive officer of Benefuel, said the company is planning to build a plant in Sarnia with an annual capacity of 75-million litres.

“We’re looking at leaving room to double the capacity down the road,” he added.

Tripp said the company is still working through estimates for the cost of the Sarnia plant. He added, “We typically don’t disclose financial information.”

Benefuel uses a unique refining technology to make biodiesel, Tripp said.

“It is capable of processing all of the hard-to-process waste oils that are high in free fatty acids,” he said.

The target feedstock for the Sarnia plant will be used cooking oil and distiller’s corn oil, which is a by-product of ethanol refining.

Link to the rest here.

Image. By Ulrichulrich

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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.