The Enerkem Alberta Biofuels plant is currently under construction in Edmonton,Alberta (CNW Group / ENERKEM INC.)

The Enerkem Alberta Biofuels plant is currently under construction in Edmonton,Alberta (CNW Group / ENERKEM INC.)

The Canadian company will welcome the first key employees and investors increase their participation CA $ 37 million in the project

MONTREAL,Jan. 16,2013 / CNW Telbec / - Enerkem Inc... ( ),a Quebec company that creates biofuels and chemicals from waste,welcomes the first employees of Enerkem Alberta Biofuels in Edmonton.The plant,developed from Quebec,is currently under construction and will be one of the first plants of advanced full-scale North American biofuels.Non-recyclable and non-compostable waste the City of Edmonton will be transformed into biofuels and renewable chemicals.,en plus des 200 emplois pendant la construction. Enerkem expects to create more than 30 permanent jobs in Edmonton,over 200 jobs during construction.

"We expect to begin commissioning of the plant this summer and we are particularly pleased to see the first employees to join the Enerkem and undertake technical training in the Eastern Townships,in our demonstration plant Westbury team" said Vincent Chornet,President and CEO of Enerkem."We are also proud that we manufacture factory partly in Quebec here allows us to generate an economic impact of about $ 20 million in contract manufacturing and engineering."

Corporation,une filiale de Waste Management,Inc. (NYSE: WM) et EB Investments. Moreover,Enerkem announced today the closing of a financing of C $ 37 million in Enerkem Alberta Biofuels LP by companies Waste Management of Canada Corporation,a subsidiary of Waste Management,Inc. (NYSE: WM) and EB Investments."We are delighted that Waste Management and EB Investments strengthen their relationship with us by increasing their direct investment in the Edmonton plant, " says Chornet."This commitment further confirms the validity of our business model and our position as a leader in the market for biofuels and chemicals from waste. "

About Enerkem

Enerkem produced biofuels and renewable chemicals from waste products.Through its proprietary technology,Enerkem converts non-recyclable waste into methanol,ethanol as well as other chemical intermediates widely used.Enerkem,headquartered in Montreal,operates a demonstration plant and a pilot plant in Quebec and employs 120 people in Quebec.,en Alberta,et développe des projets similaires en Amérique du Nord et ailleurs dans le monde. The company is building a plant to full-scale production of biofuels from waste in Edmonton,Alberta,and is developing similar projects in North America and around the world.Technology and Enerkem factories contribute to the diversification of our sources of energy supply and manufacture of greener products,while providing an alternative to landfill.

Source: www.newswire.ca