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New facility is expected to produce 25 million litres of renewable biofuels annually.

Forge Hydrocarbons, a University of Alberta spinoff company producing renewable gasoline and diesel, has received a major investment from Shell Ventures to help build a $30-million, industrial-scale production plant.

Forge uses technology developed by U of A scientist David Bressler that converts waste fats and oils into hydrocarbons used to produce biofuels.