lignin recipients..BAE ? Weyerhauser ?I suspect that BAE was one of the recipients of recent high quality lignin sales .
Weyerhauser has a similar arrangement.
Undoubtedly, there are others.
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July 22, 2009
Lignol Announces Memorandum of Understanding with BAE Systems PLC
Vancouver, B.C. – July 22, 2009 – Lignol Energy Corporation (TSX-V: LEC) (“Lignol” or “the Company”), a leading technology company in the cellulosic ethanol and biorefining sector, and BAE Systems PLC (LSE: BAES.L) (“BAE Systems”) announced today the signing of a memorandum of understanding to explore and develop commercial applications for biochemicals from the Lignol biorefinery process that have use or synergies within BAE Systems’ business, as well as financing of cellulosic ethanol projects.
“Lignol is delighted to be collaborating with BAE Systems, a global company engaged in the development, delivery and support of advanced defence, security and aerospace systems,” said Ross MacLachlan, President and CEO of Lignol. “Over the next few months we will be exploring a wide range of potential applications for our high purity lignins and other biochemicals which have synergies within BAE Systems business. The objective of both parties is to formalize a joint development agreement and subsequent work plan to incorporate Lignol’s biochemicals within BAE Systems business,” continued Mr. MacLachlan. “In addition to the focused collaboration on biochemical applications, Lignol will also work with BAE Systems and other third parties in evaluating the development and financing of commercial scale biorefineries utilizing Lignol’s unique process technology.“
“BAE Systems takes its ongoing commitments to all Canadian industry extremely seriously, “ said John Rossall, Director, Industrial Participation of BAE Systems.
“We develop industrial programs that concentrate primarily on the defense sector and try and maximize the value of the direct participation of Canadian industry in the delivery of any of our products to the Canadian Armed Forces. Beyond our commitment to do that, we look to the high technology sectors across the whole of Canada for new innovations that have an application in the defense sector and, as important, a global commercial application. Our aim is to ensure we help to develop strong successful Canadian companies that first and foremost, own and retain their technology and survive the ups and downs of the defense equipment acquisition programs,” Rossall added.
“Lignol fits this profile and we are proud to be investigating possible applications for their high purity lignins. Also, we will be working with Lignol, within an appropriate framework, to identify specific biorefinery projects in Canada and around the world.”
About BAE Systems
BAE Systems is the premier global defence, security and aerospace company delivering a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support services. With approximately 105,000 employees worldwide, BAE Systems' sales exceeded £18.5 billion (US $34.4 billion) in 2008.
About Lignol
Lignol (TSX-V: LEC) is a Canadian company undertaking the development of biorefining technologies for the production of fuel-grade ethanol and other biochemical co-products from non-food cellulosic biomass feedstocks. Lignol's modified solvent based pre-treatment technology facilitates the rapid, high-yield conversion of cellulose to ethanol and the production of value-added biochemical co-products, including high purity HP-L™ lignins. Lignol is executing on its development plan through strategic partnerships to further develop and integrate its core technologies on a commercial scale. Lignol also intends to invest in, or otherwise obtain, equity interests in energy related projects which have synergies with its biorefining technology. For more information about Lignol, please visit our website at
www.lignol.ca.