Enerkem Named A Top Global Cleantech Company

October 13, 2010

MONTREAL, Oct. 13 /PRNewswire/ – Enerkem Inc., a leading
waste-to-biofuels company, today announced that it was named a 2010
Global Cleantech 100 Company by the Cleantech Group in collaboration
with the Guardian News and Media, and sponsored by Autodesk.

The prestigious Global Cleantech 100 highlights the most promising
private clean technology companies from all around the world. In the
eyes of the world’s cleantech experts, these companies are the most
likely to make the most significant market impact over the next five to
10 years. In all, 4,616 nominations were received from 3,260 unique
sources, generating a long list of 3,138 companies drawn from 50
countries. Two hundred and eighteen companies were presented to the
expert panel for final input, resulting in a final list of 100
companies from 14 countries.

The final list of 100 private companies was selected based on the
company’s excellence, uniqueness and reach of their solution, their
market dynamics and size, as well as their ability to execute.
Enerkem’s clean technology, which converts municipal solid waste into
advanced fuels and chemicals, as well as its advanced state in a
growing market, helped Enerkem obtain a spot on the list. 

“Enerkem is thrilled to be named a Global Cleantech 100 Company. As a
Company committed to offering a solution to some of the planet’s most
pressing environmental and energy challenges, we are honoured to
receive this recognition,” said Vincent Chornet, President and Chief
Executive Officer of Enerkem. “By converting garbage into fuel, Enerkem
is contributing to a better world while providing clean energy.
Imagine, as we do, the application and its impact on a global scale.” 

“The second Global Cleantech 100 shines a spotlight on which companies
and which technology areas the global innovation community is currently
most excited about, from a commercial standpoint,” said Richard
Youngman, MD, Europe & VP, Global Research at Cleantech Group. “The
Global Cleantech 100 list represents the most rigorous, serious attempt
made yet to provide a scorecard of the progress that is being made by
cleantech companies.”

The Global Cleantech 100 list was revealed at the Cleantech Forum New
York, which took place in New York from October 11-13.  The Global
Cleantech 100 is organized by the Cleantech Group in association with
the Guardian Media Group. The selection process was conducted through
nominations, Cleantech Group research and a panel of industry experts. 

About Enerkem
Enerkem is a leading waste-to-biofuels company. Its proprietary clean
technology converts waste, such as unrecyclable household garbage,
demolition debris and residues from used utility poles, into clean
transportation fuels and advanced chemicals. Founded in 2000, the
company currently operates two plants in Canada: a pilot facility in
Sherbrooke, QC and a commercial demonstration plant in Westbury, QC. In
August 2010, Enerkem started construction of its waste-to-biofuels
plant in Edmonton, AB, Canada, which was awarded CAD$23 million in
funding from the Government of Alberta and the City of Edmonton. The
company is simultaneously developing a similar project in Mississippi,
U.S.A., for which it was awarded US$50 million in funding by the U.S.
Department of Energy (DOE). www.enerkem.com


Source: newswire

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