Ensyn’s Canadian subsidiary develops production in Canada and Europe and provides licensing and engineering services to Ensyn projects worldwide.
Vyterra Renewables Inc. is Ensyn’s wholly owned subsidiary focused on selected key markets:
Vyterra Renewables has been established to provide focused attention and resources on specific market opportunities that are poised for significant growth. These growth markets include Canada and Europe, both of which are in the process of finalizing and implementing significant de-carbonization legislation that is expected to lead to immense and attractive markets for Vyterra Renewables' low carbon products.
In the bio chemicals sector, Vyterra Renewables is building on Ensyn’s existing relationships with Kerry Group PLC (KYGA: LON) for the production of biochemicals for the food industry and with Circa Group AS (CIRCA: EURONEXT GROWTH OSLO) for the production of their platform molecule Levoglucosenone.
Energy projects will focus initially on the production of Low Carbon Fuel Oil (LCFO) for institutional heating and industrial processes, to be followed by production of biocrude for refinery co-processing and marine fuels.
Vyterra Renewables’ business model includes the development and licensing of project opportunities in Canada and Europe, selective investment in these projects, and the supply of engineering services to Ensyn’s projects worldwide.
For more information on Vyterra, click here