Lignol to Collaborate with Weyerhaeuser to Explore Commercial Development of Cellulose-based Products and Biochemicals
VANCOUVER, Sept. 30 /PRNewswire-FirstCall/ - Lignol Energy Corporation
(TSX-V: LEC) ("Lignol" or "the Company"), a leading technology company in
the lignocellulosic biorefining sector, today announced that it has signed
a Memorandum of Understanding (the "MOU") with Weyerhaeuser Company
("Weyerhaeuser") (NYSE: WY) to explore the development of commercial
applications of biochemical outputs from Lignol's proprietary biorefining
technology. The parties have also agreed to evaluate the development of a
commercial-scale Lignol biorefinery plant at or near a Weyerhaeuser mill
site. The MOU excludes applications for transportation fuel.
The initial scope of the MOU involves the testing of certain biomass
feedstocks within Lignol's facilities, including Lignol's integrated
industrial-scale biorefinery pilot plant located in Burnaby, British
Columbia. As part of the MOU, the two companies will assess yields and
qualities of the biorefinery process outputs, which include cellulose
fibers and HP-L(TM) High Purity Lignin ("HP-L(TM) Lignin"), for commercial
potential and evaluate the development of a commercial-scale Lignol
biorefinery plant at or near a Weyerhaeuser mill site.
"Lignol and Weyerhaeuser share a vision of developing markets and
manufacturing plants that utilize technology for converting abundant
cellulose-based, non-food biomass into economical and environmentally
sustainable cellulose fiber and biochemicals," said Ross MacLachlan,
President and Chief Executive Officer of Lignol. "We are delighted to work
with Weyerhaeuser on this exciting business initiative. Lignol's technology
and know-how coupled with Weyerhaeuser's access to significant biomass
feedstock reserves, infrastructure and markets for our products, makes for
a compelling collaboration."
"While we continue to move forward with the planning and development of
our cellulosic ethanol commercial demonstration plant in Colorado, recent
developments have provided near-term commercial opportunities to exploit
and broaden our market opportunities for a range of cellulosic derivatives
and environmentally sustainable biochemicals. We intend to aggressively
pursue these opportunities with strategic partners," added Mr. MacLachlan.
Lignol Manufacturing Process and HP-L(TM) High Purity Lignin
Lignol's specialized, solvent-based biorefinery process produces a
unique high-quality cellulose fiber that has applications in certain
specialty markets. Further, Lignol's biorefinery process generates
high-purity lignin, trademarked as HP-L(TM) Lignin, a unique organic
compound that is differentiated from other types of lignins that are
typically produced as by-products in the traditional Kraft pulp
manufacturing process.
The unique chemical and physical properties of HP-L(TM) Lignin include:
greater purity, an absence of sulphur, low mineral content, hydrophobic
properties and higher reactivity. Lignol has developed novel methods to
produce different lignins from each of the non-food cellulosic feedstocks
it has processed.
Materials with novel properties can be developed from HP-L(TM) Lignin.
For example, HP-L(TM) Lignin can be blended with industrial adhesives such
as phenol formaldehyde, isocyanates and epoxy resins that can be used in
coatings, and as a precursor for carbon fiber production, thereby reducing
the use of and dependency on petrochemicals.
About Weyerhaeuser
Weyerhaeuser Company, one of the world's largest integrated forest
products companies, was incorporated in 1900. In 2007, sales were $16.3
billion. It has offices or operations in 13 countries, with customers
worldwide. Weyerhaeuser is principally engaged in the growing and
harvesting of timber; the manufacture, distribution and sale of forest
products; and real estate construction, development and related activities.
Additional information about Weyerhaeuser's businesses, products and
practices is available at www.weyerhaeuser.com.
About Lignol
Lignol (TSX-V: LEC) is a Canadian company undertaking the development
of biorefining technologies for the production of fuel-grade ethanol and
other biochemical co-products from non-food cellulosic biomass feedstocks.
Lignol's modified solvent based pre-treatment technology facilitates the
rapid, high-yield conversion of cellulose to ethanol and the production of
value-added biochemical co-products, including a HP-L(TM) High Purity
Lignin. Lignol is executing on its development plan through strategic
partnerships to further develop and integrate its core technologies on a
commercial scale. Lignol also intends to invest in, or otherwise obtain,
equity interests in energy related projects which have synergies with its
biorefining technology. For more information about Lignol, please visit our
website at www.lignol.ca.
The TSX Venture Exchange Inc. has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Caution concerning forward-looking statements:
Certain statements contained in this document may constitute
forward-looking information within the meaning of applicable securities
laws. Such forward-looking statements or information include, without
limitation, statements or information about the planning and development of
our cellulosic ethanol commercial demonstration plant in Colorado, our
ability to exploit commercial opportunities and broaden our market
opportunities for a range of cellulosic derivatives and environmentally
sustainable biochemicals and our ability to pursue these opportunities with
strategic partners. Often, but not always, forward-looking statements or
information can be identified by the use of words such as "plans",
"expects" or "does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does not
anticipate", or "believes" or variations of such words and phrases or words
and phrases that state or indicate that certain actions, events or results
"may", "could", "would", "might" or "will" be taken, occur or be achieved.
Such statements or information reflect Lignol's current views with respect
to future events and are subject to certain risks, uncertainties and
assumptions, including, without limitation, our ability to finance the
development of the commercial demonstration plant, our ability to develop
our products, our ability to obtain requisite regulatory approvals and our
ability to enter into agreements with strategic partners on terms
acceptable to us. Forward-looking statements and information are
necessarily based upon a number of estimates and assumptions that, while
considered reasonable by management, are inherently subject to significant
business, economic and competitive uncertainties and contingencies. Many
factors could cause Lignol's actual results, performance or achievements to
be materially different from any future results, performance or
achievements that may be expressed or implied by such forward-looking
statements or information, including among other things, the complexity of
the development of the commercial demonstration plant, market conditions
which will effect our ability to finance our operations, risks relating to
the protection of Lignol's core technology from infringement and those risk
factors which are discussed elsewhere in documents that Lignol files from
time to time with securities regulatory authorities. Should one or more of
these risks or uncertainties materialize, or should assumptions underlying
the forward-looking statements or information prove incorrect, actual
results may vary materially from those described herein as intended,
planned, anticipated, believed, estimated or expected. Except as required
by law, the Company expressly disclaims any intention or obligation to
update or revise any forward-looking statements and information whether as
a result of new information, future events or otherwise. All written and
oral forward-looking statements and information attributable to us or
persons acting on our behalf are expressly qualified in their entirety by
the foregoing cautionary statements.
SOURCE Lignol Energy Corporation
More by this Source
Lignol provides addional funding to Territory Biofuels Limited to obtain fully diluted majority interest
May 06, 2013, 06:00 ET
Lignol Announces 40% Stake in Territory Biofuels Limited
Apr 17, 2013, 03:00 ET
Lignol Reports Fiscal 2013 Third Quarter Financial Results
Mar 25, 2013, 06:00 ET
Featured Video
Journalists and Bloggers
![]()
Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.
View and download archived video content distributed by MultiVu on The Digital Center.
Custom Packages
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.




