Energy Innovation is opening Toronto’s first biodiesel manufacturing facility within the city’s port lands.
EIC will manufacture flax and used coffee grounds into biodiesel.
TORONTO: Energy Innovation Corp. is opening Toronto’s first biodiesel manufacturing facility within the city’s port lands.
The Toronto company, which processes Ontario-grown flaxseed into food, fuel and animal feed, is working with Invest Toronto and the property owner, Toronto Port Lands Co. (TPLC), to install the plant in an existing 8,600 square foot facility.
EIC’s first full scale manufacturing plant will open in spring of 2011, and have the capacity to produce more than10 million litres of biodiesel annually.
The facility, the first of eight EIC plans for Ontario, will create 12 full-time positions.
Canada currently produces just over 200 million litres of biodiesel annually.
In 2011, demand in Canada will expand to more than 650 million litres to meet projections based on the federal government’s new regulation requiring diesel fuel and heating oil to contain an average of 2% biodiesel. The company said biodiesel will reduce CO2, soot emissions and greenhouse gases by 99%.
“Setting up our first plant in the Toronto port lands will allow us to partner with the right organizations, such as the City of Toronto, waste management companies and local train operators, to meet this demand and help the city emerge as a player in the burgeoning green energy industry,” said EIC CEO Jon Dwyer.
EIC manufactures biodiesel from Ontario-grown flax seeds and locally collected, used coffee grounds.