Lignol Energy Corp (CE) (LECFF) Quote

LECFF: inactive security. FINRA deleted symbol:

https://otce.finra.org/otce/dailyList?viewType=Deletions

LECFF added to the OTC:

https://otce.finra.org/otce/dailyList?viewType=Additions

LECFF FINRA deleted symbol:

https://otce.finra.org/otce/dailyList?viewType=Deletions

Lignol develops first renewable chemical product

* High-Performance Lignin used successfully in resin adhesive to make Oriented Strand Board
* Resin adhesive meets or exceeds Canadian and U.S. industry quality standards
* Lignol's strategy to develop commercial applications for green chemicals delivering results

VANCOUVER, April 11 /CNW/ - Lignol Energy Corporation ("Lignol", TSX-V: LEC), a leading technology company in the advanced biofuels and renewable chemicals sector, today announced the development and trials of its first renewable chemical product, a resin adhesive formulation using Lignol's High-Performance Lignin (HP-LTM), for making Oriented Strand Board ("OSB").

"The successful development and trial of our first renewable chemical product based on our High-Performance Lignin is an exciting milestone for our company," said Ross MacLachlan, President and CEO. "This achievement demonstrates that our strategy to develop commercial applications for the green chemicals produced at our pilot-scale biorefinery is delivering results."

"For Lignol, this paves the way to enormous worldwide markets for High-Performance Lignin formulations in other applications like particleboard, plywood and MDF for the composite wood products industry. The potential volumes needed to supply these markets would require production from multiple commercial-scale Lignol biorefineries," added MacLachlan.

Lignol's proprietary resin adhesive formulation is a hybrid resin system that contains derivatives of the company's HP-LTM lignin for use in the manufacture of the core layer of OSB. OSB is a widely used composite wood board material used throughout the North American construction industry.

"Until now, only limited success has been achieved using standard lignin in resins for use on the surface of OSB boards. Those lignin resins lacked the strength required to function in the core of OSB to meet industry quality standards," said Dr. Jim Dangerfield, Executive Vice President of FPInnovations. "Lignol's hybrid lignin resin system is a technological breakthrough which offers OSB manufacturers a new adhesive made with significant renewable material content for the core layer of OSB that's cheaper and greener with great performance," added Dr. Dangerfield.

Board trials of Lignol's HP-LTM resin adhesive system were conducted by FPInnovations, a globally respected forest products research institute. In the most recent trial, twenty 4 by 8 foot, 7/16 inch thick oriented strand boards made from Aspen were produced by FPInnovations at the Alberta Tech Futures facility using Lignol's new HP-LTM resin adhesive system for the core layer. This novel resin, which contains renewable components blended with polymeric methylene diphenyl diisocyanate (pMDI), provides a cost competitive solution for OSB producers looking to increase the use of environmentally sustainable inputs in their manufacturing process.

Tests conducted by FPInnovations showed that OSB containing Lignol's HP-LTM resin adhesive met or exceeded Canadian and U.S. industry quality standards.

Working together with FPInnovations, Lignol is engaging industry partners to complete the development and commercialize its new HP-LTM resin adhesive technology.

Lignol Receives Funding from the US Department of Energy ("DOE")



VANCOUVER, Sept. 29 - Lignol Energy Corporation (TSX-V: LEC), a leading technology company in the cellulosic ethanol, biochemicals and biorefining sector, is pleased to report that its U.S. based subsidiary, Lignol Innovations Inc. ("Lignol" or "the Company") has been informed by the DOE, of a modification to its Cooperative Agreement (the "Agreement") whereby approximately US$4.0 million (previously US$1.56 million) has now been obligated by the DOE as a contribution in phase one of the Agreement. Of this obligated amount, US$0.34 million has recently been received by Lignol and approximately US$1.2 million is currently available to be claimed in respect of expenses incurred to date. A further US$0.46 million is expected to be made available shortly by the DOE. The balance of the obligated amount of approximately US$2.0 million, is subject to Lignol achieving certain project development milestones.



On October 28, 2008 Lignol announced that it had signed a US$30 million Agreement with the DOE relating to the construction of a commercial demonstration cellulosic ethanol plant. The first phase of the Agreement relates to the development and design phase leading up to construction; including preliminary plant engineering and design as well as environmental documentation and permitting. Upon the satisfactory completion of the milestones outlined within the first phase of the Agreement, the second phase of funding will commence with the DOE contributing up to fifty percent of total plant construction costs up to a maximum of US$26 million. As with many similar federally funded programs, such contributions are subject to the availability of appropriated funding for each fiscal year.

Any comments?