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GreenField Ethanol Johnstown plant to receive new funding from Government of Canada

TORONTO

GreenField Ethanol's Johnstown plant was pleased to host Gord Brown, Member of Parliament for Leeds-Grenville - today on behalf of the Honourable Lisa Raitt, Minister of Natural Resources and the Honourable Gerry Ritz, Minister of Agriculture, where it was announced that the Johnstown facility will receive investments of up to $117.5 million over seven years from the Government of Canada in support of biofuels development. Mr. Brown was joined at today's announcement by Robert Gallant, President and CEO, GreenField Ethanol.

"These investments, from both the ecoENERGY for Biofuels and the ecoABC programs, will help GreenField Ethanol in our committed vision to help broaden Canadian's fuel choices through the use of innovative technologies and disciplined leadership,” said Bob Gallant. “Not only will they strengthen the Johnstown community by supporting our plant facility, by saving jobs and by creating economic growth, they will also ensure an ongoing market for local area farmers."

GreenField Ethanol’s Johnstown facility will be receiving up to $110.2 million over seven years through Natural Resources Canada’s ecoENERGY for Biofuels program. This program provides an operating incentive — based on production levels — to Canadian producers of renewable alternatives to gasoline and diesel.

GreenField will also be receiving $7.3 million in repayable funding through Agriculture and Agri-Food Canada’s ecoAgriculture Biofuels Capital (ecoABC), a $200-million initiative to increase Canadian renewable fuels production capacity and help farmers participate in this emerging market opportunity. Local farmers are investing a total of $8 million in this project, which will provide them with a new source of revenue and also broaden the economic base of the community.

“Our Government is delivering results for families, farmers and businesses in Johnstown,” said Mr. Brown. “This funding will build market demand for agricultural products and create economic opportunities in our community while contributing to a healthier environment for all Canadians.”

Compared to gasoline, grain-based ethanol can reduce greenhouse gas (GHG) emissions by up to 40 percent on a lifecycle basis. For biodiesel, the emissions reduction can be as much as 60 percent.

Research and Innovation

For 20 years, GreenField has used new technology to increase ethanol yields and energy efficiency.

Commentary

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Cellulosic Ethanol

Canada’s ethanol pioneer: working to produce cellulosic ethanol from waste on a commercial scale.

Buy and Sell Grains

For over 20 years, GreenField has been buying corn from local producers and returning a third of it to farmers as distillers’ grains, a valued form of livestock feed.

Quick Facts

The Canadian government estimates: "If 35 percent of gasoline in Canada contained ten percent ethanol, greenhouse gas emissions would be reduced by 1.8 megatonnes per year (1.8 million tonnes), which is the equivalent of removing more than 400,000 vehicles from the road."