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GreenField Ethanol receives funding from Sustainable Development Technology Canada

GreenField Ethanol is pleased to announce that a project led by the company has been selected to receive funding from Sustainable Development Technology Canada (SDTC).

“This is very exciting and encouraging news for all at GreenField Ethanol as we look to strengthen our technological solutions to the challenges Canada is currently facing in regards to the economy and the environment,” said Robert Gallant, President and CEO of GreenField.

GreenField will take the lead on a project entitled “GFE-Biochemical Lignocellulosic Ethanol Demonstration Project” whereby the focus will be on clean energy production using a process that will facilitate the complex production of lignocellulosic ethanol while reducing the amount of energy required. This process will be integrated into an existing ethanol facility on a pre-commercial, pilot scale using corn cobs – the non-food residuals from harvesting corn – as feedstock. It is important to note however that other non-food biomass feedstock such as grasses and wood residues will also be evaluated.

The official announcement was made by the Honourable Lisa Raitt, Minister of Natural Resources and Vicky Sharpe, SDTC’s President and CEO in March 2009. Sixteen projects, chosen for their development and demonstration of emerging clean technologies, will be awarded a total of $53 million as the Government of Canada looks to invest in a greener, cleaner economy.

“Our Government recognizes the importance of developing clean technologies, while at the same time stimulating our economy,” said the Honourable Lisa Raitt, Minister of Natural Resources. “Through this investment, we’re providing opportunities for economic growth while offering innovative solutions to help tackle climate change.”

Detailed information on the above GreenField Ethanol project, including descriptions, can be found at www.sdtc.ca.

Sustainable Development Technology Canada (SDTC) is an arm’s-length foundation which has received $1.05 billion from the Government of Canada as part of its commitment to create a healthy environment and a high quality of life for all Canadians.

SDTC operates two funds aimed at the development and demonstration of innovative technological solutions. The $550 million SD Tech Fund(TM) supports projects that address climate change, air quality, clean water, and clean soil. The $500 million NextGen Biofuels Fund(TM) supports the establishment of first-of-kind large demonstration-scale facilities for the production of next-generation renewable fuels.

SDTC operates as a not-for-profit corporation and has been working with the public and private sector including industry, academia, non-governmental organizations (NGOs), the financial community and all levels of government to achieve this mandate.

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