PRESS RELEASE

Laval, Monday, August 20, 2018 – Airex Energy, a world leader in large-scale biomass torrefaction, is pleased to announce that it has received approval from the Canadian Food Inspection Agency for the sale and use of its BiocharFX product in Canada.

Continuing its years-long investigation of whether torrefied biomass could extend its life, Boardman Power Station is prepping to undergo a substantive test burn.

Airex Energy is a supplier of a torrefaction technology called the CarbonFX. This unique yet simple torrefaction process moved from being a proof of concept in 2010 to an industrial-scale technology in 2015. To prove to the market that this technology was ready for commercialisation, a fully integrated facility was built in the city of Becancour, Quebec, halfway between Montreal and Quebec City.