Iogen Energy slashes 150 jobs
Published on April 30, 2012
Iogen Energy says it will cut 150 jobs from the firm as it shelves plans to
build a larger-scale cellulosic ethanol facility in Manitoba. When contacted by OBJ, co-owner Iogen declined to comment on how
many of the positions were local. A press release stated the company will continue to employ 110 in Ottawa,
which is the company’s headquarters and demonstration facility.
Published on April 30, 2012
Iogen Energy says it will cut 150 jobs from the firm as it shelves plans to
build a larger-scale cellulosic ethanol facility in Manitoba. When contacted by OBJ, co-owner Iogen declined to comment on how
many of the positions were local. A press release stated the company will continue to employ 110 in Ottawa,
which is the company’s headquarters and demonstration facility.
“Shell continues to explore multiple pathways to find a commercial solution
for the production of advanced biofuels on an industrial scale,” Iogen
stated.
“(Iogen Energy) plans to expand its line of offerings with new technology for
the production of advanced and cellulosic biofuels.”
The reason for closing the plant was not stated in the release.
Iogen Energy’s joint owners are Iogen and Royal Dutch Shell. Iogen’s work
spans the industries of grain processing, animal feed, pulp and paper and
textiles.
