FORM 6-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 or 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
FOR December 6, 2007
DYNAMOTIVE ENERGY SYSTEMS CORPORATION
(Exact name of Registrant as specified in its charter)
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Suite 230-1700 West 75th Avenue
Vancouver, BC
Canada V6P 6G2
(604) 267-6000
(Address of principal executive offices)
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[Indicate by check mark whether the registrant files or will file
annual reports under cover Form 20-F or Form 40-F:]
FORM 20-F X FORM 40-F
--- ---
[Indicate by check mark whether the registrant by furnishing the
information contained in this form is also thereby furnishing the
information to the Commission pursuant to rule 12g3-2(b) under the
Securities Exchange Act of 1934.]
YES NO X
--- ---
[If Yes is marked, indicate below the file number assigned to
the registrant in connection with Rule 12g3-2(b):] Not applicable
FORM 51-102F3
MATERIAL CHANGE REPORT
Item 1 Name and Address of Company
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DynaMotive Energy Systems Corporation (the "Issuer")
230-1700 West 75th Avenue
Vancouver, BC V6P 6G2
Tel. (604) 267-6013
Item 2 Date of Material Change
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December 5, 2007
Item 3 News Release
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Issued December 5, 2007 and disseminated via Business Wire.
Item 4 Summary of Material Change
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VANCOUVER, BC, CANADA, December 5th, 2007 - Dynamotive Energy Systems
Corporation (OTCBB: DYMTF), and its subsidiary, Dynamotive USA, Inc.,
announced its plans to invest US$24 million to build the first fully
commercial industrial biofuel plant in the U.S. The facility will be
located on a site in Willow Springs, approximately 180 miles southwest
of St. Louis. The site secured was chosen for its ready access to rail
transport, proximity to biomass and the potential to host up to four
additional facilities. The modular, second-generation biomass-to-
biofuel plant is designed to use Dynamotive's proprietary "fast
pyrolysis" process to convert 200 tons per day of wood by-products and
residues from nearby sawmills into 34,000 gallons per day of BioOil(R).
Commercial terms have been agreed and signed with local feedstock
providers to supply the plant.
Item 5 Full Description of Material Change
-----------------------------------
5.1 Full Description of Material Change
VANCOUVER, BC, CANADA, December 5th, 2007 - Dynamotive Energy Systems
Corporation (OTCBB: DYMTF), and its subsidiary, Dynamotive USA, Inc.,
announced its plans to invest US$24 million to build the first fully
commercial industrial biofuel plant in the U.S. The facility will be
located on a site in Willow Springs, approximately 180 miles southwest
of St. Louis. The site secured was chosen for its ready access to rail
transport, proximity to biomass and the potential to host up to four
additional facilities.
The modular, second-generation biomass-to-biofuel plant is designed to
use Dynamotive's proprietary "fast pyrolysis" process to convert 200
tons per day of wood by-products and residues from nearby sawmills into
34,000 gallons per day of BioOil(R). Commercial terms have been agreed and
signed with local feedstock providers to supply the plant.
Development and construction of the plant will be implemented by
Dynamotive's U.S. management, supported by Dynamotive's engineering team
and its partners. Opportunities exist for a significant expansion of
Dynamotive's operations, with more than 1.1 million dry long tons of
biomass per year in Missouri alone. As a result, other, similar projects
in the state are currently under review. The BioOil produced at the
Willow Springs complex is expected to be sold to commercial and industrial
users in the region through a major local distributor of renewable fuels.
An initial burn of BioOil from Dynamotive's commercial plant at Guelph,
Ontario, is being scheduled at a major industrial facility with this
distributor.
The initial burn would be preparatory to its adoption of BioOil as a
primary fuel, and the opening of the Midwest market for the product. It
is expected that up to 5,000 tons of BioOil will be made available to
Midwest consumers over the next year from Dynamotive's and Evolution
Biofuels' plant while the Willow Springs facility is under construction.
The fuel provided is expected to be priced competitively to #2 heating
oil, a light industrial fuel.
Lt. Col. (Ret.) William C. Holmberg, Chairman of the Washington-based
Biomass Coordinating Council and a pioneer of the renewable fuels
industry, hailed the plant announcement as "an important step towards
releasing America from the bonds of foreign oil, and achieving a
sustainable energy future." Holmberg pointed out that "the
commercialization of BioOil adds another element to our arsenal of
renewable fuels that can help address a previously neglected segment of
our oil use: industrial boiler fuels. As such it complements, rather
than competes with, fuel ethanol and biodiesel."
Dynamotive's President and Chief Executive Officer Andrew Kingston
noted: "This first U.S. project will demonstrate the viability of our
technology in the U.S. market and the enormous potential of BioOil to
help America make the transition to clean, renewable fuels that do not
depend on food crops for their production. We are pleased to announce
this project and would like to take this opportunity to thank all
stakeholders involved for their magnificent support this year. Missouri
has provided a unique platform to showcase our technology and its
capabilities. We are committed to this project and look forward to
developing further plants in the near future."
All of the above transactions currently remain subject to negotiation
and execution of definitive agreements and to securing sufficient
project capital. Accordingly, there can be no certainty in respect of
the Company's ultimate participation rights in the project, nor of
actual completion of them at this time.
5.2 Disclosure for Restructuring Transactions
N/A
Item 6 Reliance on Subsection 7.1(2) or (3) of National Instrument 51-102
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Not applicable
Item 7 Omitted Information
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Not applicable
Item 8 Executive Officer
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Contact: Andrew Kingston, President & CEO
Telephone: (604) 267-6013
Item 9 Date of Report
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December 5, 2007
DYNAMOTIVE ENERGY SYSTEMS CORPORATION
(signed) "Andrew Kingston"
----------------
Andrew Kingston
President & CEO
DYNAMOTIVE ENERGY SYSTEMS CORPORATION
News Release: December 5th, 2007
First Commercial Plant in U.S. to Produce Liquid Biofuel from Wood Residues
to be Built by Dynamotive in Missouri
VANCOUVER, BC, CANADA, December 5th, 2007 - Dynamotive Energy Systems
Corporation (OTCBB: DYMTF), and its subsidiary, Dynamotive USA, Inc.,
announced its plans to invest US$24 million to build the first fully
commercial industrial biofuel plant in the U.S. The facility will be
located on a site in Willow Springs, approximately 180 miles southwest of
St. Louis. The site secured was chosen for its ready access to rail
transport, proximity to biomass and the potential to host up to four
additional facilities.
The modular, second-generation biomass-to-biofuel plant is designed to use
Dynamotive's proprietary "fast pyrolysis" process to convert 200 tons per
day of wood by-products and residues from nearby sawmills into 34,000
gallons per day of BioOil(R). Commercial terms have been agreed and signed
with local feedstock providers to supply the plant.
Development and construction of the plant will be implemented by
Dynamotive's U.S. management, supported by Dynamotive's engineering
team and its partners. Opportunities exist for a significant
expansion of Dynamotive's operations, with more than 1.1 million dry
long tons of biomass per year in Missouri alone. As a result, other,
similar projects in the state are currently under review. The BioOil
produced at the Willow Springs complex is expected to be sold to
commercial and industrial users in the region through a major local
distributor of renewable fuels.
An initial burn of BioOil from Dynamotive's commercial plant at
Guelph, Ontario, is being scheduled at a major industrial facility
with this distributor.
The initial burn would be preparatory to its adoption of BioOil as a
primary fuel, and the opening of the Midwest market for the product.
It is expected that up to 5,000 tons of BioOil will be made
available to Midwest consumers over the next year from Dynamotive's
and Evolution Biofuels' plant while the Willow Springs facility is
under construction. The fuel provided is expected to be priced
competitively to #2 heating oil, a light industrial fuel.
Lt. Col. (Ret.) William C. Holmberg, Chairman of the Washington-
based Biomass Coordinating Council and a pioneer of the renewable
fuels industry, hailed the plant announcement as "an important step
towards releasing America from the bonds of foreign oil, and
achieving a sustainable energy future." Holmberg pointed out that
"the commercialization of BioOil adds another element to our arsenal
of renewable fuels that can help address a previously neglected
segment of our oil use: industrial boiler fuels. As such it
complements, rather than competes with, fuel ethanol and biodiesel."
Dynamotive's President and Chief Executive Officer Andrew Kingston noted:
"This first U.S. project will demonstrate the viability of our technology
in the U.S. market and the enormous potential of BioOil to help America
make the transition to clean, renewable fuels that do not depend on food
crops for their production. We are pleased to announce this project and
would like to take this opportunity to thank all stakeholders involved for
their magnificent support this year. Missouri has provided a unique
platform to showcase our technology and its capabilities. We are committed
to this project and look forward to developing further plants in the near
future."
All of the above transactions currently remain subject to negotiation and
execution of definitive agreements and to securing sufficient project
capital. Accordingly, there can be no certainty in respect of the Company's
ultimate participation rights in the project, nor of actual completion of
them at this time.
About BioOil(R) Biofuel
BioOil(R) is an industrial fuel produced from cellulose waste material. When
combusted it produces substantially less smog-precursor nitrogen oxides
('NOx') emissions than conventional oil as well as little or no sulfur
oxide gases ('SOx'), which are a prime cause of acid rain. BioOil(R) and
BioOil Plus(TM) are price-competitive replacements for heating oils #2 and #6
that are widely used in industrial boilers and furnaces. They have been
awarded the coveted EcoLogo in Canada, meaning that they are certified, as
meeting the stringent environmental criteria for industrial fuels as
measured by Environment Canada's Environmental Choice Program. BioOil(R) can
be produced from a variety of residue cellulosic biomass resources and is
not dependent on food-crop production.
About Dynamotive
Dynamotive Energy Systems Corporation is an energy solutions provider
headquartered in Vancouver, Canada, with offices in the USA, UK and
Argentina. Its carbon AND greenhouse-gas-neutral fast pyrolysis technology
uses medium temperatures and oxygen-free conditions to turn dry, waste
cellulosic biomass into BioOil(R) for power and heat generation. BioOil(R)
can be further converted into vehicle fuels and chemicals. For further
information, please visit the company's website at www.dynamotive.com.
Contacts:
Nathan Neumer, Director of Communications, 604-267-6042
Switchboard (604) 267-6000
Toll Free (North America) 1-877-863-2268
Fax (604) 267-6005
Email: info@dynamotive.com
Website: www.dynamotive.com
Forward Looking Statement
Statements in this news release concerning the company's business outlook
or future economic performance; including the anticipation of future plant
start-ups, partnerships, consortiums, teaming agreements, government
assistance, other anticipated cash receipts, revenues, expenses, or other
financial items; and statements concerning assumptions made or expectations
as to any future events, conditions, performance or other matters, are
"forward-looking statements". Forward-looking statements are by their
nature subject to risks, uncertainties and other factors which could cause
actual results to differ materially from those stored in such statements.
Such risks, uncertainties and factors include, but are not limited to,
changes in energy prices, availability of capital, and the company's
ability to access capital on acceptable terms or any terms at all, changes
and delays in project development plans and schedules, customer and partner
acceptance of new projects, changes in input pricing, competing alternative
energy technologies, government policies and general economic conditions.
These risks are generally outlined in the company's disclosure filings with
the Securities and Exchange Commission.