Innoltek centralizes production, halts Thetford Mines operations
Following its acquisition late last year of the 19 MMly Evoleum biodiesel plant formerly known as QFI Biodiesel in St-Jean-sur-Richelieu, Quebec, Canadian biodiesel producer Innoltek Inc. has ceased operations at its 5 MMly biodiesel plant in Thetford Mines, Quebec, and has concentrated production in St-Jean-sur-Richelieu. Innoltek has relocated its headquarters to St-Jean-sur-Richelieu as well.
“This centralization of operations marks an important step in the development of Innoltek,” said Simon Doray, CEO of Innoltek. “The Thetford Mines site was suffering from a location that did not have rail access and was not near major highways. In addition, the plant had limited capacity. This centralization of activities will allow us to focus our efforts on the St-Jean-sur-Richelieu site, which has interesting logistical access, including the railway. We have already invested in the St-Jean plant and the results are convincing. We continue our mission to become a leader in the manufacture of biodiesel in Eastern Canada.”
The Canadian federal government is currently developing a Clean Fuel Standard, which will require fuels with lower carbon intensities, and the Quebec government will soon issue regulations requiring biodiesel and ethanol blending, expected to go into effect in 2020.
“Actions in Quebec provide the foundation for building a biofuels industry that will be growing and which will contribute to the development of Quebec’s green economy,” Doray said.
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