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NEWS RELEASE

Enerkem voted one of the top 50 Hottest Companies in Bioenergy two years in a row

MONTREAL, Canada – December 7, 2010 - Enerkem Inc., a leading waste-to-biofuels company, today placed an impressive 16th in the annual 50 Hottest Companies in Bioenergy ranking conducted by Biofuels Digest, a well-respected industry publication. Enerkem climbed from the 25th position in the 2009-2010 rankings, a notable achievement for only its second year participating in this contest. Overall, more than 1,000 companies were eligible for ranking. The overall results were based on combined votes from the Digest’s subscribers and an invited panel of international experts. Enerkem placed ninth in the international experts’ poll. The company attributes this good showing to its efforts and headliner projects in Edmonton, Alberta and Pontotoc, Mississippi.

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“Enerkem is thrilled to be recognized again this year as one of the 50 Hottest Companies in Bioenergy. The jump from last year’s spot reflects Enerkem’s achievements this past year as a first-mover in the waste-to-ethanol market, as well as its sound business strategy, proven technology and strong team dedicated to the company’s success,” said Vincent Chornet, President and Chief Executive Officer of Enerkem. “We would like to thank all of our supporters and voters who helped the company achieve this ranking.”

This year, in addition to this recognition from Biofuels Digest, Enerkem was also named a 2010 Global Cleantech 100 Company by the Cleantech Group. Its co-founders, Esteban and Vincent Chornet, were individually ranked 10th in the Top 100 People in Bioenergy, also organized by Biofuels Digest.

For the complete list of the 50 Hottest Companies in Bioenergy, as well as last year’s list, please visit: http://biofuelsdigest.com/bdigest/2010/12/07/the-50-hottest-companiesin-bioenergy-for-2010-11/.

About Enerkem

Enerkem is a leading waste-to-biofuels company. Its proprietary clean technology converts waste, such as unrecyclable household garbage, demolition debris and residues from used utility poles, into clean transportation fuels and advanced chemicals. Founded in 2000, the company currently operates two plants in Canada: a pilot facility in Sherbrooke, QC and a commercial demonstration plant in Westbury, QC. In August 2010, Enerkem started construction of its waste-to-biofuels plant in Edmonton, AB, Canada, which was awarded CAD$23 million in funding from the Government of Alberta and the City of Edmonton. The company is simultaneously developing a similar project in Mississippi, U.S.A., for which it was awarded US$50 million in funding by the U.S. Department of Energy (DOE). www.enerkemweb.wpengine.com

About Biofuels Digest

Biofuels Digest is the world’s most widely read biofuels daily. The Miami, FL-based free online magazine and email newsletter has published more than 3,000 news stories on bioenergy in 2010, and serves 65,000+ newsletter and website readers in every UN-recognized country. The Digest covers bioenergy production, research, policy and financial news. Sister publications include Renewable Chemicals Digest, Geothermal Digest and Biofuels Digest Asia. The Digest also co-produces Advanced Biofuels Markets, held in San Francisco in November; and the BioPro Expo, in Atlanta in March.

Marie-Hélène Labrie, Vice President, Government Affairs and Communications, Enerkem Inc., + 1 514.875.0284 x 231, mlabrie@enerkem.com
 

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