PROVECTUS
BIOFUELS, INC.
Using our patented process technology – Provectus Biofuels will achieve the cleanest most environmentally friendly fuel products on planet earth!
About Provectus BioFuels
Provectus Biofuels Inc. is a clean energy technology developer incorporated in British Columbia. We integrate our licensed patented process technology with proven advancements in infrastructure to build projects at commercial scale to achieve the cleanest most environmentally friendly gasoline on planet earth.
Our advanced biochemical process meets the demand for transitional fuel technologies which will be required in order to surpass 2030 Climate Mitigation targets and meet the new 2050 goals. These goals have spurred the largest petrochemical companies in the world to massively invest into this type of renewable technology in efforts to achieve them.
MARKET OPPORTUNITY
You have probably read or may have heard that the Canadian Government has been promoting their latest position on green energy – meaning all oil companies will soon have to become greener and more Eco-friendly! Even more telling is that the Canadian Government has recently announced that it will be reducing and potentially eliminating all future financing and incentives for fossil fuel companies. This has the immediate effect of redirecting all these resources toward Renewable fuel companies such as Provectus Biofuels.
The latest government initiative will have a significant impact on all traditional gasoline fuel suppliers in our country. Canada has enacted new CFS (Clean Fuel Standards), which requires continual reduction in the Carbon Intensity (“CI”) of fuels. The CI of gasoline currently produced by oil refiners can only be lowered with the addition of ethanol, which has a limit of how much can be added before engine changes are needed – this is called a “Blend Wall”.
Unique Patented Technology
Provectus Biofuels has acquired an exclusive Canadian Development License for a unique and efficient patented process to convert logging waste into a drop-in, renewable low-carbon gasoline.
The process allows Provectus Biofuels to convert various types of biomass waste materials including logging waste and residues to gasoline – cleaner and more economically than hydrocarbons can be extracted and refined from underground!
SUSTAINABILITY
At Provectus Biofuels we believe in building local Sustainable Communities
At Provectus we believe in building local Sustainable Communities. This means more than just protecting the air we breathe with our renewable low-carbon Gasoline. It means partnering with local groups in the community who believe that sustainable local industry fosters healthy communities
COMPANY NEWS
BC Government under the clean Energy Strategy increased biofuel production mandate to 1.5 million liters by 2030!
Energy powers the economy. Each of us relies on it every day – to heat our homes, to move our vehicles, and to run businesses and industries.
Energy is also at the root of the climate crisis. Burning fossil fuels is changing our climate – creating more extreme weather, bigger forest fires, deeper droughts and more frequent flooding throughout BC.
Viewpoint: SAF, E15 may lift US ethanol demand in 2024
Ethanol demand may get a boost next year as theUS paves a path for ethanol-derived sustainable aviation fuel (SAF) and the potential for permanent year-round sales of 15pc ethanol gasoline (E15) in the US midcontinent.
Tidewater Renewables marks first renewable diesel production, new CEO
Tidewater Renewables’ HDRD Complex in Prince George, B.C., produced its first renewable diesel on Oct. 22 and, as of Nov. 7, has progressed to commercial operations.
ExxonMobil licenses fluid bed methanol-to-gasoline technology to Aramco for synthetic fuel demonstration plant in NEOM, Saudi Arabia
ExxonMobil Catalysts and Licensing LLC has licensed its advanced fluid bed Methanol-to-Gasoline technology to Aramco for a demonstration scale unit to be located in NEOM’s Hydrogen Innovation and Development Center (HIDC).
Climate policies and fossil fuel: Clean fuel regulations and carbon pricing explained
The federal government’s long-promised clean fuel regulations will take effect across Canada. Here are five things to know about what they are, how they will affect you and why they are different from the carbon price.
Investors
Investment inquiries please contact us at:
investors@provectusbiofuels.com
Safe Harbor Statement
Certain information set forth on this website, including management’s assessment of future plans and operations, contains forward-looking statements. By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond our control. Those risks include, without limitation, the effect of general economic conditions, risks associated with the energy industry, potential legislation changes, loss of markets, industry conditions and competition, volatility of commodity prices, currency fluctuations, environmental risks, competition from other industry participants, the ability to access qualified personnel and field services, decisions by regulators and the ability to access sufficient capital from internal and external sources. Readers are cautioned not to place undue reliance on the forward-looking statements as the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and actual results, performance or achievements could materially differ from those expressed or implied in such forward-looking statements and accordingly, no assurance can be given that any of the events anticipated by forward-looking statements will transpire or occur, or if any of them do so, what benefit Provectus Biofuels, Inc. will derive therefrom.