Canadian Company to Produce New Kind of Biodiesel
(Biofuels International) Edmonton, Canada-based SBI BioEnergy plans to commercially produce a new biofuel capable of completely replacing diesel by the end of the year, at a lower cost than existing renewable fuels.
SBI is in the final stages of building a biorefinery to convert canola oil and animal fats into a renewable fuel that can replace or be blended with regular diesel.
CEO Inder Pal Singh said his technology produces a cleaner fuel that other renewable products, because it does not use water or hydrogen, and the process does not produce any waste.
“Any kind of vegetable oil can be converted into renewable diesel or renewable jet fuel using our technology,” Singh said.
He added the low operating costs allow SBI to market a cheaper product than most renewable fuels.
SBI is preparing to move into its new demonstration refinery in the Edmonton Research Park, which will produce 10 million litres of renewable fuel per year by the end of 2016.