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 April 4, 2008
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
-----------------------
April 3, 2008
Item 3 News Release
------------
Issued April 3, 2008 and disseminated via Business Wire.
Item 4 Summary of Material Change
--------------------------
VANCOUVER, BC, CANADA, April 3, 2008 - Dynamotive Energy Systems
Corporation (OTCBB: DYMTF), a leader in cellulose based fuels
technology, announced that its Director and Head of Research, Dr.
Desmond Radlein has disclosed today that initial tests conducted on
hydro-reforming of BioOil have shown positive results indicating a low
cost path to BioOil upgrading. Comments from Dr. Radlein follow.
"BioOil is a highly oxygenated, polar hydrocarbon product that typically
contains about 46 wt% oxygen. Some of the oxygen is present as free
water which constitutes about 25 wt% of the BioOil. These properties
render BioOil immiscible with fuel grade hydrocarbons which typically
contain little or no oxygen.
In principle, oxygen could be removed by hydrotreating BioOil with
hydrogen. But two facts militate against this. First, raw BioOil is
thermally unstable with a great propensity to form coke when subjected
to hydrotreatment temperatures. Secondly, removing all the oxygen with
hydrogen would require about 60 kg per tonne of BioOil to give at most a
50 wt% yield of oxygen free hydrocarbons.
Unfortunately, at the present time, hydrogen is expensive at the small
scales at which BioOil is typically produced. The lowest cost hydrogen
is available at petroleum refineries, so it is desirable to find a low
cost process to convert BioOil to a form in which it could be co-
processed in an oil refinery. Given this, we concentrated on finding a
low cost solution.
Item 5 Full Description of Material Change
-----------------------------------
5.1 Full Description of Material Change
VANCOUVER, BC, CANADA, April 3, 2008 - Dynamotive Energy Systems
Corporation (OTCBB: DYMTF), a leader in cellulose based fuels
technology, announced that its Director and Head of Research, Dr.
Desmond Radlein has disclosed today that initial tests conducted on
hydro-reforming of BioOil have shown positive results indicating a low
cost path to BioOil upgrading. Comments from Dr. Radlein follow.
"BioOil is a highly oxygenated, polar hydrocarbon product that typically
contains about 46 wt% oxygen. Some of the oxygen is present as free
water which constitutes about 25 wt% of the BioOil. These properties
render BioOil immiscible with fuel grade hydrocarbons which typically
contain little or no oxygen.
In principle, oxygen could be removed by hydrotreating BioOil with
hydrogen. But two facts militate against this. First, raw BioOil is
thermally unstable with a great propensity to form coke when subjected
to hydrotreatment temperatures. Secondly, removing all the oxygen with
hydrogen would require about 60 kg per tonne of BioOil to give at most a
50 wt% yield of oxygen free hydrocarbons.
Unfortunately, at the present time, hydrogen is expensive at the small
scales at which BioOil is typically produced. The lowest cost hydrogen
is available at petroleum refineries, so it is desirable to find a low
cost process to convert BioOil to a form in which it could be co-
processed in an oil refinery. Given this, we concentrated on finding a
low cost solution.
Our "hydro-reforming" process indicates that, with continued research to
optimize our findings and process, we have a path to achieve these
objectives. Our process has the following features:
1) The BioOil is stabilized so it can be hydrotreated in a refinery without
the risk of coke formation.
2) It is deoxygenated to a sufficient degree to render it miscible with
typical refinery hydrotreater feeds.
3) The oxygen content is substantially reduced so that any further hydrogen
requirements during hydrotreatment at a refinery are minimal.
4) Hydrogen is internally generated from the water present by reforming a
portion of the BioOil so that most of the oxygen is released as carbon
dioxide and the net hydrogen requirement is very small (about 18 kg per
tonne).
5) The product is water free as the residual water forms a separate phase.
6) Only a small amount of gaseous hydrocarbons like methane (that represent
a waste of both carbon and hydrogen) are formed.
7) Acetic acid present in the raw BioOil can be recovered as a valuable by-
product.
Rejection of the oxygen as carbon dioxide rather than water does
decrease the ultimate maximum yields of hydrocarbon fuels - from ~ 50 %
to about ~ 35 %. But we believe this is more than offset by the
benefits listed above.
Process conditions are relatively mild (e.g. pressure < 1200 psi and
temperature < 350 C). Together with the reduced requirements for
hydrogen it may be expected to enable small scale processing of BioOil
to provide a renewable source of hydrocarbons from whole ligno-
cellulosic biomass."
We will continue our research in this area with a view to optimizing our
findings and process. It is early days, but we believe that the path is
sound. While the company is optimistic about the path that these
findings indicate, there can however be no assurance that the company's
research will in fact ultimately yield a technically and commercially
viable process.
5.2 Disclosure for Restructuring Transactions
N/A
Item 6 Reliance on Subsection 7.1(2) or (3) of National Instrument 51-102
------------------------------------------------------------------
Not applicable
Item 7 Omitted Information
-------------------
Not applicable
Item 8 Executive Officer
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Contact: Andrew Kingston, President & CEO
Telephone: (604) 267-6013
Item 9 Date of Report
--------------
April 3, 2008
DYNAMOTIVE ENERGY SYSTEMS CORPORATION
(signed) "Andrew Kingston"
-----------------
Andrew Kingston
President & CEO
DYNAMOTIVE ENERGY SYSTEMS CORPORATION News Release: April 3, 2008
Dynamotive's "Hydro-Reforming" Process Indicates a Low Cost Path for BioOil
to be Co-Processed in Oil Refineries
"BioOil could be a Renewable Source of Hydrocarbons from Biomass"
VANCOUVER, BC, CANADA, April 3, 2008 - Dynamotive Energy Systems
Corporation (OTCBB: DYMTF), a leader in cellulose based fuels technology,
announced that its Director and Head of Research, Dr. Desmond Radlein has
disclosed today that initial tests conducted on hydro-reforming of BioOil
have shown positive results indicating a low cost path to BioOil upgrading.
Comments from Dr. Radlein follow.
"BioOil is a highly oxygenated, polar hydrocarbon product that typically
contains about 46 wt% oxygen. Some of the oxygen is present as free water
which constitutes about 25 wt% of the BioOil. These properties render
BioOil immiscible with fuel grade hydrocarbons which typically contain
little or no oxygen.
In principle, oxygen could be removed by hydrotreating BioOil with
hydrogen. But two facts militate against this. First, raw BioOil is
thermally unstable with a great propensity to form coke when subjected to
hydrotreatment temperatures. Secondly, removing all the oxygen with
hydrogen would require about 60 kg per tonne of BioOil to give at most a 50
wt% yield of oxygen free hydrocarbons.
Unfortunately, at the present time, hydrogen is expensive at the small
scales at which BioOil is typically produced. The lowest cost hydrogen is
available at petroleum refineries, so it is desirable to find a low cost
process to convert BioOil to a form in which it could be co-processed in an
oil refinery. Given this, we concentrated on finding a low cost solution.
Our "hydro-reforming" process indicates that, with continued research to
optimize our findings and process, we have a path to achieve these
objectives. Our process has the following features:
1) The BioOil is stabilized so it can be hydrotreated in a refinery without
the risk of coke formation.
2) It is deoxygenated to a sufficient degree to render it miscible with
typical refinery hydrotreater feeds.
3) The oxygen content is substantially reduced so that any further hydrogen
requirements during hydrotreatment at a refinery are minimal.
4) Hydrogen is internally generated from the water present by reforming a
portion of the BioOil so that most of the oxygen is released as carbon
dioxide and the net hydrogen requirement is very small (about 18 kg per
tonne).
5) The product is water free as the residual water forms a separate phase.
6) Only a small amount of gaseous hydrocarbons like methane (that represent
a waste of both carbon and hydrogen) are formed.
7) Acetic acid present in the raw BioOil can be recovered as a valuable by-
product.
Rejection of the oxygen as carbon dioxide rather than water does decrease
the ultimate maximum yields of hydrocarbon fuels - from ~ 50 % to about ~
35 %. But we believe this is more than offset by the benefits listed
above.
Process conditions are relatively mild (e.g. pressure < 1200 psi and
temperature < 350 C). Together with the reduced requirements for hydrogen
it may be expected to enable small scale processing of BioOil to provide a
renewable source of hydrocarbons from whole ligno-cellulosic biomass."
We will continue our research in this area with a view to optimizing our
findings and process. It is early days, but we believe that the path is
sound. While the company is optimistic about the path that these findings
indicate, there can however be no assurance that the company's research
will in fact ultimately yield a technically and commercially viable
process.
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/greenhouse gas neutral fast pyrolysis technology uses
medium temperatures and oxygen-less conditions to turn dry, waste
cellulosic biomass into BioOil for power and heat generation. BioOil can be
further converted into vehicle fuels and chemicals. Photographs of the
Guelph and West Lorne plants may be seen on the company's website.
www.dynamotive.com
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
EcoLogo certified, having met 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.
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.