Quebec

CÔTE NORD

Port-Cartier, Quebec

Côte-Nord is a 10.5 million gallons/year (approximately 40 million litres/year) licensed biocrude production facility located in Port-Cartier, Quebec. This project, owned by Arbec Forest Products and Rémabec, is sited adjacent to Arbec’s sawmill on the north shore of the St. Lawrence.

Côte-Nord is operational and is supplying ArcelorMittal under a 16 million litres/year offtake agreement of LCFO heating fuels for their iron ore pellet plant located close to the Cote Nord Facility in Port Cartier, Quebec.

Arbec Forest Products Inc. is a leading, privately-held forest products company operating in Eastern Canada. Arbec owns twelve wood processing plants in Quebec and New Brunswick, ten of which are in partnership with Groupe Rémabec.

Groupe Rémabec is a major forest products company operating in Quebec, with a focus on timber harvesting and wood processing. Groupe Rémabec harvests more than three million cubic metres of lumber yearly and operates ten wood processing plants.

The project was financed by partner equity, funding from the Government of Canada (Sustainable Development Technology Canada and the Department of Natural Resources Canada) and Investissement Quebec, the leading Quebec Provincial financing corporation.

Côte-Nord converts approximately 65,000 dry metric tons per year of cellulosic woody biomass from local sources to biocrude. Biocrude production is targeting thermal customers in Quebec and the Northeast US and is available for commercialization of Refinery Co-processing.

The RTP biomass conversion units at Côte-Nord were engineered by Honeywell UOP.

Arbec has rights to build and own two additional RTP plants in Canada for the production of energy products and renewable chemicals, subject to certain other third party rights.

Location

Côte-Nord Video - As at November 15, 2017