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 will soon move to Japan, where it will be featured in an Eco Park dedicated to waste-to-energy technologies.

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 empty fruit bunch.

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. But the race is on, because when torrefaction is commercialized in a way that is economically feasible to replicate, this will be a disruptive technology that will drastically increase the use of biomass as fuel around the world.

HM3 Energy has the technology to 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 in our laboratory. We are actively seeking investors and licensees to build commercial plants using our technology. For more information, please contact us.

 

HM3 Energy