GROUND-BREAKING NEWS! TERRACE BIOCOAL PRODUCTION FACILITY

Global Bio-Coal Energy Inc of Vancouver, BC, announced today their intention to construct and operate a biocoal production facility in Terrace, BC. The 25-tonne-per-hour facility, the first of its kind in the world, will take wood waste and convert it into a coal-like product to serve the European energy markets.

A ground-breaking ceremony will take place Sept. 24 in Terrace at the CTR Porier Sort Yard at the west end of Keith Avenue starting a 4 p.m. In making the announcement, Global Bio-Coal Energy’s Chairman, John Bennett stated, “Our Company is extremely pleased to announce that we have reached a significant agreement with Coast Tsimshian Resources LP, which brings certainty of local management expertise to the project.”

Bennett continued: “The new facility, on which we plan to begin construction before winter will be located on the Coast Tsimshian Resources Porier Log Yard, and create about 70 new jobs for the Terrace area, while providing an opportunity for adding value to the low value logs and waste in the area that cannot be presently utilized.”

As to the technology Bennett explained that the Rotawave Targetted Energy System (TIES) was selected after much research and investigation. “We can see 30 or more of these plants operating in the province within the next three years,” he said.

He explained that TIES is a patented, microwave-based, closed continuous feed process, developed and owned by Energy Environmental Group in the UK. It is used for the low-energy cost, high volume torrefication of forest and other biomass. Solid end products from biomass include high calorific value biocoal. The closed system process generates very limited emissions.

The technology, said Bennett, is based on the advanced simultaneous use of multiple electromagnetic frequencies and a unique phase separation drum. This maximizes heat and mass transfer within the continuous feed system.

The low intensity thermal regimes required allow oils and gases to be recovered with no degradation and are recycled within the system to pre-dry biomass and to drive optional power generators. “It is the best choice for the manufacture of biocoal, and is ready to go into production” noted Bennett.

Total production of biocoal will amount to about 120,000 tonnes per year and is already pre-sold to an international broker. It is anticipated that BC can easily produce 10 million tonnes per year from waste and beetle-killed wood fibre.

In participating in the announcement, Garry Reece, Chair of the Board of Coast Tsimshian Resources LP stated, “Our company and management team have worked long to bring this forward with Global Bio-Coal Energy, and we are extremely pleased to be part of this exciting new project for Terrace and the Region.”

Reece continued: “Coast Tsimshian Resources takes its responsibility in the area and Region very seriously, and wants this project to be as inclusive as possible. As a result, our management team will be working over the next while with a number of the forest tenure holders in the area to plan for mutually beneficial supply agreements.”

In supporting Reece, Wayne Drury, CEO for Coast Tsimshian Resources outlined the management mandate that CTR has in providing a world-class facility, and an efficient and sustainable wood supply, stating: “This is a fantastic opportunity for us all in the Northwest.

“As we move forward with development of the management team, the workforce and the supply of up to 500,000 M3 of fibre that will be required annually, our goal is to be as inclusive as possible by providing as many opportunities for our First Nation neighbours and the people of Terrace and area to participate and prosper as a result of this project”

In concluding the announcement, John Bennett stated, “Our Company supports the direction that CTR wishes to take by including as many opportunities as possible, as this is a project intended for the Region.“ Bennett added: “Our Company is ready to go and we look forward to bringing this new world class technology and facility to the Region. We are very thankful for all the work the Coast Tsimshian Resources team has put into this project, as well as the support we have received from Forest Minister Pat Bell and the Northwest Coalition.”