Announced jointly by Kruger Products and the Government of Québec in July 2016, the $55-million investment to purchase and install PM8 received a $39.5-million loan from Investissement Québec, which is acting as an agent of the Government of Québec in this project. Kruger Products also received support from the Joliette RCM and the Municipality of Crabtree – through the Fonds de développement des territoires – Fonds d’aide aux entreprises volet 2 (Territories Development Fund – Business Assistance Fund, stream 2) – to complete this investment. The Company also took the opportunity to reveal its recent acquisition of a new $12-million winder. This new, more efficient machine manufactures paper products for the away-from-home market and will enable the Crabtree Plant to boost its annual production by 29%. The Crabtree Plant now has plenty of room to grow over the coming years. Click Read More below for additional detail.
Boskalis, the leading global dredging and marine expert, and GoodFuels Marine, the leading provider of sustainable marine biofuels to the global commercial shipping fleet, today announced to have performed successful live tests on a sustainable wood-based drop-in biofuel called UPM BioVerno. The tests were conducted on a vessel working on the Dutch Marker Wadden nature restoration project in the middle of the Markermeer lake.
The fuel supplied by Finnish UPM Biofuels is the first ever biofuel derived from wood residue used in a marine fleet.
Boskalis vessel “EDAX”, a 1696 deadweight tonne (DWT) cutter suction dredger, has successfully used the fuel in bio/fossil blends going up to 50% as it worked on the first phase of the Marker Wadden project in the first half of 2016. This resulted in a CO2 saving of 600Mt over the operating period.
The €33m project includes the construction of an island with underwater landscaping to restore the Markermeer’s delicate ecosystem.
The testing of this fuel marks yet another landmark development for the marine biofuels consortium that was announced in October last year by GoodFuels Marine, Boskalis and Wärtsilä, the global supplier of engines and power systems to the marine industry.The consortium was launched with the mission to spearhead a two-year pilot programme to accelerate the development of truly sustainable, scalable and affordable marine biofuels. All fuels being “live” tested on board of Boskalis vessels – including UPM BioVerno – were first extensively ground tested at the Wärtsilä lab in Vaasa, Finland.
Sustainable marine biofuels offer ship operators a way to reduce a vessel’s CO2 emissions by 80-90%. They eliminate SOx emissions, cut NOx emissions by 10% and reduce particulate matter (PM) expelled in a ship’s exhaust plume by 50%. Current forecasts predict that marine biofuels could make up 5 – 10% of the marine fuel mix by 2030, significantly contributing towards the reduction of the shipping industry’s carbon footprint.
“We are extremely proud to add UPM Biofuels as a new partner in our ground-breaking test program with Boskalis and Wärtsilä. This co-operation will help to further accelerate supply of truly sustainable biofuel to the global maritime industry,” says Dirk Kronemeijer, CEO of GoodFuels Marine.
“It is extremely encouraging to see GoodFuels Marine leading the way – together with Boskalis – towards the use of more sustainable, advanced biofuels on Dutch ships. This project is a true example for both the shipping and the biofuels industry of how to apply waste and residue-based biofuels,” comments Maarten van Biezen, Mobility Policy Director at Dutch NGO Natuur & Milieu
“We are delighted to collaborate with GoodFuels, Boskalis and Wärtsilä on this initiative. Our renewable UPM BioVerno -diesel is a great product also for marine use – it is a sustainable and competitive fuel with several advantages. Its raw material is wood-based residue, and it reduces both greenhouse gas and exhaust emissions significantly. As the Netherlands is a key market in Europe driving decarbonisation measures forward, it is very significant for UPM Biofuels to be part of this initiative,” says Sari Mannonen, Head of UPM Biofuels.