- Enerkem and Technip Energies join forces in the deployment of technology to convert waste into biofuels and circular chemicals
MONTREAL and PARIS, Aug. 1, 2023 /PRNewswire/ -- Enerkem Inc. and Technip Energies have signed a memorandum of understanding to enter into a Collaboration Agreement aimed at accelerating the deployment of Enerkem's technology platform for biofuels and circular chemicals to from non-recyclable waste materials.
Enerkem specializes in developing and commercializing its innovative gasification technology that transforms non-recyclable waste into biofuels, low-carbon fuels, and circular chemicals, serving hard-to-reduce sectors such as sustainable aviation and marine fuels. Since 2016, Enerkem has been operating a demonstration-scale commercial facility in Alberta, Canada. In addition, the company is currently involved in the development and construction of new commercial-scale waste-to-methanol facilities in Canada and Europe.
Technip Energies, having successfully executed low carbon and biofuel projects around the world, will contribute its expertise in engineering, technology integration and project delivery to support projects developed by Enerkem. This partnership will improve Enerkem's capacity and speed of project delivery. In addition, the collaboration will focus on strategic efforts to optimize design elements and industrialize the approach by replicating Enerkem designs for future projects.
To accelerate the deployment of its technology, Enerkem intends to establish a Development Company (DevCo). DevCo's purpose is to acquire sites and obtain permits for replicable methanol biorefinery design, supporting the production of biofuels and low-carbon fuels, as well as circular chemicals.
Dominique Boies, CEO of Enerkem, stated: "We are excited to partner with Technip Energies to accelerate the deployment of Enerkem's technology in Europe, North America and the Middle East. Technip Energies' extensive experience will enable Enerkem customers to benefit from from project speed to market and cost efficiencies, supporting their decarbonization efforts and sustainability goals."
Bhaskar Patel, Senior Vice President, Sustainable Fuels, Chemicals and Circularity at Technip Energies, said: "We are pleased to join forces with Enerkem in rolling out their technology platform to turn waste into sustainable and valuable end products such as biofuels. By leveraging Our experience in engineering projects, sustainable chemistry and biofuels, we will support the execution of projects and the deployment of Enerkem technology."
About Enerkem
Founded in 2000, Enerkem develops and markets its innovative gasification technology that transforms non-recyclable waste into biofuels, low-carbon fuels, and circular chemicals for hard-to-reduce industries, including sustainable aviation and marine fuels. Their solution addresses both the challenges of waste management and the reliance on fossil fuel products, while contributing to the development of a circular economy for a sustainable future with net zero carbon emissions.
Headquartered in Montreal, Enerkem employs nearly 300 people in Canada, the United States, Europe and the United Kingdom, and has several projects around the world, including the world's first commercial-scale biorefinery producing advanced biomethanol and circular methanol at from non-recyclable waste in Alberta, Canada. In partnership with key strategic partners, a full-scale facility based on Enerkem's waste-to-methanol platform is being built in Quebec, Canada, and is scheduled to begin operations in 2025. In Tarragona, Spain, the Enerkem is at the heart of the Ecoplanta project that will produce biomethanol and circular methanol from non-recyclable waste. For more information, visit www.enerkem.com
About Technip Energies
Technip Energies is a leading engineering and technology company for the energy transition, with leadership positions in liquefied natural gas (LNG), hydrogen and ethylene, as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO2 management.
The company benefits from its robust project delivery model supported by a broad offering of technology, products and services.
With operations in 35 countries, our 15,000 people are fully committed to bringing our clients' innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow.
Technip Energies is listed on Euronext Paris using American Depositary Receipts ("ADRs") that are traded over-the-counter in the United States. For more information: www.technipenergies.com.
Media contacts: Enerkem, Amélie Desrosiers, Director of Corporate Communications, 1 514 475-7431, adesrosiers@enerkem.com; Technip Energies, Jason Hyonne, Director of Press Relations and Social Media, 33 1 47 78 22 89, jason.hyonne@technipenergies.com
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