2008-07-11

Raven Biofuels, Spectrum Energy to convert softwood into fuel

New Jersey-based Raven Biofuels International Corp. announced a partnership with British Columbia-based Spectrum Energy Inc. to develop cellulosic ethanol plants in the province that will use infested wood and other biomass as feedstocks. The pine beetle has created a major problem in Canada, and according to the British Columbia government, if infestation trends continue, approximately 75 percent of the 1.35 billion cubic meters of merchantable pine will be killed. Currently, the affected area is sizeable to the state of Texas and has the potential to produce more than 1 billion gallons of ethanol. Spectrum Energy and Raven Biofuels International have submitted a proposal to British Columbia’s Innovative Clean Energy Fund to help with financing.