Kingston five are the projects 5 individual business of bio energy that will take plaice on the Pecorelli Bioenergy park
Ethanol Plant 400,000,000 million liters of Ethanol
Biodiesel Plant 40,000,000 million liter of Biodiesel
Algae plant 100.000 sqf of wharehouse space
Photovoltic plant : production of solar panels
Biofuel Box biodiesel plant for city west water centers.
New base 24 january 2018 energy news issue 1132 by khaled al awadi
K5greenenergy
1. North York Ethanol plant Joseph Pecorelli Ceo cell 416 829 9435 North York Tec Ethanol is an Ontario incorporated company founded to develop and manage a corn fed ethanol plant to be located in Ontario. The plant will be one of the largest production facilities of its kind in Canada. It will consume approximately 42 million bushels of corn annually and produce 400 million liters of ethanol and approximately 410,000 tonnes of Distillers Dried Grains and Soluble ( “ DDGS “ ).
2. The completion of the plant is only m0onts away When it is fully operational, the plant will provide approximately 50 full time jobs and create 200 to 300 indirect jobs in the region. During the construction phase, there will be a significant demand for local construction materials and services. Construction will provide direct and indirect employment for approximately 300 workers, including many skilled trades. In the operating phase, the plant will contribute to the local tax base, be a potentially large buyer of local corn and a significant reliable source of DDGS to local farmers at competitive prices.
3. On April 16, 2008, an instrument proposal notice from NorthYork Ethanol Inc. was published on the Environmental Registry. This notice was updated and reposted on September 20, 20079 with a 30-day comment period. North York Ethanol Inc. intends to construct a denatured ethyl alcohol facility on a 150-acre lot on ( address available only on bases to kwon) The facility will reportedly cost $200-million to construct and produce 400-million liters of ethanol. The site is strategically located near important feedstock inputs with access to large ethanol and distillers grains markets. The site has direct access to a CSX mainline that runs straight to the major ethanol markets in the Northeastern United States. The site also has excellent truck access and an on-site dock with the capability of receiving ocean-going great lakes shipping vessels. An additional strength of the site is that the plant will not require boilers as steam will be purchased from an adjacent cogeneration facility, reducing both the capital cost and ongoing cost of operating the plant. North York Tec Biofuels has engaged Delta-T Corporate as the ethanol technology provider, and Engineering, Procurement and Construction contract with Laafs Group. Together these companies will provide a fixed price contract that is fully wrapped with process and performance guarantees. Sarnia Biofuels has dealt with one of the emerging challenges to the growing ethanol
8. NYT Bio fuel North York Tec Biofuels has dealt with one of the emerging challenges to the growing ethanol industry of grain supply by entering into a contract for grain supply with Parrish & Heimbecker Ltd. to ensure the plant continues to run and costs remain competitive.NYT Biofuels has also negotiated with Eco-Energy, the largest independent marketer of ethanol in North America, and has a contract that is ready to execute for the sale of 100% of the plant’s output. The plant will take advantage of local markets for distillers grains, which are a popular cattle feed in the area. With the combination of lower transportation costs by shipping unit-train volumes of ethanol and lower energy costs in Business Plan in general, the plant has the opportunity for keeping its operating costs low, thereby improving profitability.
9. .2 OBJECTIVES AND MISSION STATEMENT It is the mission and goal of NYT Biofuels to develop, finance, build, own and operate a profitable dry-mill corn-to-ethanol production facility in ---------, Ontario. The Company is committed to capitalizing on market opportunities that have been created to increase the demand for renewable fuel products, while increasing shareholder value. The Company will strive to supply its customers with the highest quality renewable fuel products while remaining a low-cost producer.
10. ecoENERGY for Biofuels Program Objectives Support domestically-produced renewable alternatives to gasoline and diesel Encourage the development of a competitive renewable fuels industry in Canada Overview Up to $1.5 billion over 9 years, starting April 1, 20087 years max. per facility Incentive payments Paid on a quarterly basis
11. Incentive Rates (IR):the amount all recipients will receive per litreof renewable fuel producedUp to $0.10 for renewable alternatives to gasoline for the first three years, declining thereafter Up to $0.20 for renewable alternatives to diesel for the first three years, declining thereafter Incentive Payment: the total amount (dollar value) a recipient receives in a given quarter Profitability Margin: Set to $0.29/L for renewable alternatives to gasoline and an initial rate of $0.32/L for renewable alternatives to diesel NYT was accepted into the ecoENERGY for Biofuels program on November 24, 2008 and will be eligible to receive up to a maximum of CDN$160,600,000 over 7 years from this program. The annual expected maximums (in $CDN) are as follows:
12. North York Tec Each quarter a “Claim for Payment” form is submitted by eligible recipients who produced and sold biofuels in a given quarter.
13. North York Tec Biofuel 2.2 CAPITAL REQUIREMENTS To date, NYT and its commercial partners have invested approximately $16 million in developing the site. In order to bring the project to the Finish line we will need to invest an additional $50 million. The total capital required to take the project through construction is approximately USD$215 million. The project will be 100% financed by either debt, or a combination of equity and debt. The Company recognizes that it will be competing for investment resources in a very tight investment and lending market. NYT has all of the attributes that a project needs to be successful in the ethanol production industry. In that regard, the Company will be looking at both traditional and non-traditional funding sources.