Canfor planning biocrude facility “in a few years”
By Cindy Macdonald
A new facility that will produce biocrude from wood waste is in the plans for Prince George, B.C., Canfor Pulp’s president told CBC News in early July. The company is considering a $70-million facility that could produce up to 400,000 barrels of bio-based oil per year.
The biocrude plant is the expected outcome of Canfor’s recently announced joint-venture with Licella, an Austalian company. Licella has successfully converted wood waste from Canfor’s pulp mills into biocrude at its pilot facility.
Canfor plans to invest funds to integrate Licella’s technology into the company’s pulp mills in B.C.
Read the full CBC story here.