Key Investors Raise Their Participation in Enerkem Alberta Biofuels by C$37 Million as Facility Welcomes First Employees

Montreal (ots/PRNewswire) -

Enerkem Inc. (http://www.enerkem.com), a waste-to-biofuels and
chemical company, is pleased to welcome the first employees to the
Enerkem Alberta Biofuels facility in Edmonton. This facility is
currently under construction and will be one of the first full-scale
advanced biofuels facilities in North America. It will use the City
of Edmonton's non-recyclable and non-compostable waste to produce
renewable fuels and chemicals, and will create more than 30 permanent
jobs, in addition to 200 jobs during construction.

"With plant commissioning expected to begin this summer, it's
exciting to see the facility's first employees join the Enerkem team
and start their technical training," said Vincent Chornet, president
and CEO of Enerkem. "We are impressed by the quality and calibre of
the candidates we are attracting as part of our recruitment process."

Enerkem also announced today that it has closed a C$37 million
financing with Waste Management of Canada Corporation, a subsidiary
of Waste Management, Inc. and EB Investments for Enerkem Alberta
Biofuels L.P.: "We're glad to see Waste Management and EB Investments
strengthen their relationship with us by increasing their direct
investment in the Edmonton facility," added Mr. Chornet. "This is
further validation of Enerkem's business model and leadership
position in the market for waste-to-fuels and chemicals."

About Enerkem

Enerkem makes biofuels and renewable chemicals from waste. With
its proprietary technology, Enerkem converts non-recyclable municipal
solid waste into methanol, ethanol and other widely used chemical
intermediates. Headquartered in Canada, Enerkem operates both a
demonstration plant and a pilot facility in Quebec. Enerkem is
currently building a full-scale waste-to-biofuels facility in
Edmonton, Alberta, and is developing similar facilities in North
America and globally. Enerkem's technology and facilities help
diversify the energy mix and make greener everyday products while
offering an alternative to landfilling. http://www.enerkem.com

For more information about Enerkem Alberta Biofuels:

http://www.enerkem.com/en/facilities/plants/edmonton-alberta-canada

http://www.edmontonbiofuels.ca

For further information:
Marie-Hélène Labrie
Vice President, Government Affairs and Communications
Enerkem Inc.
+1-514-875-0284, x. 231

ots Originaltext: Enerkem
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