Sanimax

StormFisher Biogas

DE FOREST, WISCONSIN--(Marketwire - Oct. 7, 2008) - Sanimax and StormFisher Biogas announced today a strategic alliance to build eight biogas plants, for a total investment of over $160 million. These plants will transform organic by-products from the food processing industry, restaurants and institutions like schools into renewable energy and organic fertilizer. Once operational, these eight plants will offset the carbon dioxide equivalent of 120,000 tonnes and divert half a million tonnes of organic by-products every year, creating enough energy to power 20,000 homes.

Biogas plants naturally decompose matter into nutrient-rich solids and liquids-which can be used to help grow agricultural crops and residential gardens-and into methane, a biological replacement for natural gas. These eight biogas plants are not energy intensive and do not use crops as feedstock, instead transforming by-products from food services, the meat and vegetable processing industries, bakeries and dairies into energy.

Effective immediately, the two companies will jointly pursue partnerships with major food processing companies to source this material for its plants, which will be located in the Great Lakes region. The first plant will be located at a site yet to be determined in Wisconsin and will process materials from Sanimax's De Forest facility, among others. "This alliance completely aligns with what Sanimax has been doing since the 1800s: extending the food supply chain by transforming waste into high demand goods and sustainable energy," states Sanimax's Vice-President of Energy, Jeremy Goodfellow, "and the positive environmental impact of this venture is significant."

"This partnership marks the coming-of-age of North America's biogas industry," said StormFisher's, Vice-President of Business Development, Ryan Little. "In Europe, there are more than 5,000 plants like these in operation and, with Sanimax, we're ready to replicate that success here."

About Sanimax

Sanimax is a values-driven organization that creates environmentally responsible solutions for the food, agribusiness and renewable energy industries. Every year we collect more than a million tons of animal and food by-products all over North America. Sanimax is also the leader in recycling vegetable oils, and hides and skins, providing essential, reliable and sanitary services. We transform that material into high-quality products destined for industries in North America and around the world, including feed companies, the energy industry, chemical manufacturers, tanneries, soap producers, and pet food manufacturers.

About StormFisher Biogas

StormFisher Biogas is an Ontario-based biogas developer and operator developing biogas installations across North America. StormFisher's biogas plants will produce electricity, natural gas and heat while reducing landfill disposal and greenhouse gas emissions, including highly polluting methane emissions.