Investor Relations

HM3 Energy completed its state-of-the-art biomass torrefaction plant in early summer of 2016. Oregon Senator Ron Wyden spoke at the facility grand opening, where he stated, “We in Oregon have an opportunity to show … the world how to do biomass right.” Since its completion HM3 has performed numerous long, continuous operations of equipment with a variety of biomass. The facility is in the process of being sold in its entirety. It will be dismantled in early 2019 and moved to the new owner.

HM3 used its demonstration plant to test its torrefaction and densification technologies on diverse and challenging feedstock types such as juniper and pine forest waste, mill residue and agricultural residue.

Torrefied biomass, when co-fired with coal, or used to replace coal entirely, can extend the life of coal-fired plants while reducing environmental impacts and helping rural forest communities with markets for low-value wood and providing needed family wage jobs. It is much more energy dense than raw wood pellets and can be stored outdoors without cover. While new, torrefaction technology is proven and gaining ground… in our review of U.S. torrefaction companies, the Endowment has identified what we believe to be one of the best candidates to move forward — HM3 Energy.” — Carlton N. Owen, President & CEO, U.S. Endowment for Forestry and Communities

The race is on to build the world’s first successful, economically viable commercial torrefaction facility, with some interesting results. Some companies have produced product that isn’t water resistant and can only withstand 5-minute soaks in water.  Most companies use expensive feedstock, such as clean wood chips or even saw dust, driving up their prices. Some companies use unnecessarily expensive equipment. Virtually all other torrefaction companies use binders in their pellets.

HM3 Energy has demonstrated its technology, which can use low-cost woody biomass as feedstock directly from the forest or rangeland. Our proprietary technology can torrefy this biomass and densify it without the use of binders into sturdy, water resistant briquettes that have withstood 24-hour soak tests.

We are actively seeking investors and licensees to build commercial plants using our technology. For more information, please contact us.

 

HM3 Energy