Dynamotive Energy Systems - Timeline

Timeline

Dynamotive was incorporated on April 11, 1991 under the laws of the Province of British Columbia. The Company changed its name from Dynamotive Technologies Corporation on June 26, 2001.

2000 BioOil patent acquired from Resource Transforms Ltd. (RTI). Dynamotive designs and builds 10 tonnes per day (tpd) commercial demonstration plant, (picture of pilot plant) Dynamotive completes gas turbine tests

2001 Commission of 10 tpd commercial demonstration plant, upgraded to 15 tpd, TECNA validation of technology

2002 Design and development of a 100 tpd plant

2003 Construction started for 100 tpd plant at Erie Flooring and Wood Products, West Lorne, Ontario in partnership with UMA Engineering, Ontario Power Generation, and Magellan Aerospace (Picture of West Lorne Plant)

2005 Completion of the first commercial plant (West Lorne, Ontario) and launch of full commercialization of Dynamotive’s technology First commercial shipments of BioOil

2006 Ground breaking for 200 tpd BioOil plant in Guelph, Ontario Entry into strategic partnership with Consensus Business Group Fabrication and procurement of two 200 tpd plants to be located in Canada R&D offices & laboratory opened on University of Waterloo campus, Ontario, Canada Continued international expansion through Australian master license

2007 Dynamotive launches higher energy content renewable fuel - BioOil Plus Dynamotive opens offices in United States and Argentina

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