Enerkem signed a C$125 million agreement with Sinobioway Group to establish a joint venture aimed at building over 100 waste-to-biofuel facilities in China by 2035.

Target Information

Enerkem Inc. is a prominent producer of waste-to-biofuels and renewable chemicals, renowned for its innovative technology that transforms non-recyclable municipal solid waste into valuable resources such as methanol and ethanol. The company is headquartered in Montreal, Quebec, Canada, and operates a full-scale commercial facility in Alberta, along with an innovation center in Quebec. Enerkem's advanced modular manufacturing infrastructure allows for global deployment of its facilities, actively contributing to the diversification of the energy mix and the reduction of landfill waste.

Industry Overview in China

The bioeconomy in China has been rapidly evolving, driven by the government’s commitment to sustainability and environmental protection. The country has been increasingly investing in renewable energy and technologies that can mitigate climate change effects. With the rise of public awareness and the stringent regulatory framework being introduced, the bio-energy sector is uniquely positioned for growth in the coming years.

China's biofuel industry is seeing significant advancements as the nation seeks to reduce its reliance on fossil fuels and enhance energy security. Major investments are flowing into technologies that convert waste into energy, as the go

View Source

Similar Deals

ЭФИР Beston group

2024

Joint Venture Coal (NEC) China
Poly LongMa Energy (Dalian) Ltd Suzlon Energy Tianjin Limited

2013

Joint Venture Wind Systems & Equipment China
Jardine Engineering Corporation, Limited ALBA Green Gas Holding Limited

Joint Venture Waste to Energy Systems & Equipment China
Galp TotalEnergies

2026

Joint Venture Oil Exploration & Production - Offshore Namibia
CPE Burger King

2026

Joint Venture Food Markets China

Sinobioway Group

invested in

Enerkem Inc.

in 2018

in a Joint Venture deal

Disclosed details

Transaction Size: $97M

Deal Parameters
Industry
Country
Seller type

Sign Up to Dealert