July 2005

Companies join to create synthetic biomass-to-ethanol processing plant

Los Angeles, CA— MEMS USA, Inc. announced June 13, 2005, that it has formed a second joint venture to engineer, design, procure, build, own, operate and maintain a synthetic biomass-to-ethanol processing plant in Canada.

This joint venture is with Central Pacific Power, Inc. The preliminary budget for this plant is $150,000,000 with a projected production capacity of approximately 160,000 gallons of ethanol per day.

MEMS USA and Central Pacific Power are joint 50/50 owners of Can-Am Ethanol Two, Inc., a Canadian corporation.

Under the terms of the joint venture Central Pacific Power, Inc.’s responsibilities include:

•Business plan elements for ethanol distribution, sales, use and storage
•Sourcing of biomass raw materials
•Government relations including financial incentives, ethanol and blended product sales contracts, regulatory affairs and ethanol import/export
•Biomass-to-ethanol plant site identification and procurement negotiations
•Operation of the second biomass-to-ethanol plant
•Financial negotiations for all of the above.

MEMS USA, Inc.’s responsibilities include:

•Engineering and business assessment of biomass-to-ethanol process technologies
•Selection of the optimal process, equipment and operating procedures for the biomass-to-ethanol plant
•Funding of engineering, design, procurement, construction and commissioning of the biomass-to-ethanol plant
•Plant operations analysis and process/equipment design improvements.

 


877-777-0737    •     Fax 419-931-0740     •     118 E. Third Street, Suite A   Perrysburg, OH 43551
© Copyright AR Publishing Co. All rights reserved. Any reproduction of content requires written permission.