“There’s enough biomass available as base products to get completely independent from oil,” he said. “The input material is available worldwide . . . the question is, how are you able to convert it in a way that you don’t put more energy into reconversion than you get out, and the SixRing process can provide this.”Article content
“What SixRing is developing here really connects not only Calgary with energy, but also agriculture,” he said. “This is really a truly Canadian story.”SixRing is developing its technology to use with a wide range of inputs, from unused straw and corn husks, to bark, wood chips and pine beetle-infested wood.
The funding will help the company scale up over the course of two years and further develop new products and increase production. It will partner with other companies on venture operations to expand their portfolio, and potentially licence the technology in the future.
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