SRS Engineering Corporation announced the company just finalized a contract with ReNvision Biofuels Inc. to build its 10 MMgy biodiesel plant in, Alberta, Canada. SRS Engineering Corp. will provide the complete design and engineering services and the equipment required to build this biodiesel plant. ReNvision has the advantage of utilizing several different feedstocks as Alberta has several different feedstocks to offer, including animal fats, canola and camelina.
“We are thrilled to be working with ReNvision on their plant” says Clayton Hawranik, CEO of SRS Engineering Corporation “the company has an incredible and feasible business plan and a great group of people to execute it.”
The federal government of Canada recently mandated that the renewable fuel content for diesel and heating oil should be at least 2 percent by the year 2012 creating demand for 500 million liters per year (about 132 million gallons). To promote mandates and to help with costs associated with technologies and market integration, the Alberta provincial government has set aside $239 million in funding. This funding has helped companies like ReNvision get started.
“We are very exited to be working with SRS. We feel the support offered by forward thinking institutions such as SRS and the Government of Alberta is exactly what this industry needs!” says the ReNvision Biofuels team.
SRS Engineering offered an in-kind contribution on its plant in return for a small stake in ReNvision. This established an infrequent opportunity for both parties for which both parties are incredibly excited about.
About SRS Engineering Corp.
Headquartered in Murrieta, California, SRS Engineering Corporation has been manufacturing custom process equipment for various industries for more than 20 years. The company offers a wide range of biodiesel equipment, including high-FFA pretreatment systems, high-purity methanol recovery systems, continuous-flow reactors, and complete turnkey biodiesel plant solutions. SRS is uniquely positioned to deliver everything from small biodiesel plants to large-scale biodiesel refineries.
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For more information, visit www.srsbiodiesel.com or call (800) 497-5841.
SOURCE: SRS Engineering Corp.