Biomass Secure Power building five pellet plants

The company
is in various stages of development of five plant sites that will be
designed to produce three and a half million tonnes of pellets per year
with gross revenues expected to exceed $650 million per year.

The first plant is expected to commence production in 2012, with plants
two and three to be commissioned in 2013. Plants four and five will come
online in 2014. The company is actively seeking additional plant sites
to meet targeted production of five million tonnes of biomass pellets
per year by end of 2015.

Biomass Secure Power says its growth trajectory is in response to the rapidly increasing world
demand for biomass pellets as a viable alternative, green, sustainable
fuel. The biomass pellet market is expected to increase by 110 million
tonnes per year by 2020. This strong future demand for biomass pellets
leads us to believe that offtake agreements to purchase the majority of
our production capacity will be in place prior to the completion of the
plants.

Biomass Secure Power Inc. has designed its biomass pellets plants to produce
250,000 tonnes of pellets per line. This allows the company to leverage
the engineering over several plants, as key equipment will be identical
in each plant, the release states. The first plant will have a torrefaction system
designed by the company. The torrefaction line will be capable of
producing 50 to 80 tonnes per hour of torrified pellets. Once the torrefaction system production rate is proven, the company will move to
100% production of torrefied pellets with the ability to switch between
products.

Torrefied pellets are 30% more dense than regular wood pellets and
contain 16% more energy per kilo. Torrefied pellets are hydrophobic and
therefore not subject to deterioration and out-gassing during shipment
or storage. Torrefied pellets are more easily ground, which reduces the
processing cost at the utility. The new plant design will maximize
product yield by efficiently matching the volume of produced synthetic
gas from the process of torrefaction to the energy requirements of the
plant.