9 Dezember 2013

PGF Biofuels Ltd. is Awarded Canada’s First Roundtable on Sustainable Biomaterials Certification for Resonance carinata

RSB certification allows conversion of Carinata into renewable aviation fuel or biodiesel

PGF Biofuels Ltd. (“PGF Biofuels”), in conjunction with Paterson Grain, and the RSB Services Foundation are pleased to announce that PGF Biofuels has received Roundtable on Sustainable Biomaterials (“RSB”) certification for Resonance® carinata. PGF Biofuels is the first Canadian organization and only the fourth feedstock provider globally to obtain this distinguished certification.

Carinata is an oilseed crop well adapted to production in semi-arid regions with an oil profile ideally suited for use in the renewable aviation and biodiesel fuel industries.

Mr. Andrew B. Paterson, Chief Executive Officer of PGF Biofuels states:

“RSB certification will now allow us to access a number of global markets for carinata oil, which can be converted into renewable aviation fuel or biodiesel. As the airline industry works towards reducing overall greenhouse gas emissions by 20% by the year 2020 it is using the RSB certification as its standard to ensure that procured renewable aviation fuel is produced in an environmentally sustainable manner. PGF Biofuels is continuing to advance development of this industrial oilseed crop, which has strong genetic properties, and is looking forward to scaling up production throughout western Canada and the northern United States.”

RSB Services Foundation is the implementing entity of the RSB, a global sustainability standard and certification system for biofuel and biomaterial. Achieving RSB certification means that PGF Biofuels has met the stringent international sustainability standards, encompassing environmental, social and economic criteria. Mr. Peter Ryus, Chief Executive Officer of RSB Services Foundation states:

“We strongly believe that new industrial oilseeds, such as Brassica carinata, are the key to a sustainable bio-based future and we are proud to be a part of the continued development of this unique oilseed.”

PGF Biofuels has partnered with Agrisoma Biosciences Inc. (“Agrisoma”) on the commercialization and market development for carinata under the Resonance brand and is working with Paterson Grain to contract with local growers for production. These efforts will ensure current and future demands for renewable aviation fuel and biodiesel are satisfied. Agrisoma continues to enhance Resonance carinata with a focus on varietal development, crop protection, product evaluation and agronomic characteristic enhancements.

Source: RSB Service Foundation, press release, 2013-12-02.

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