Local Forestry

Canadian Biofuel adding 15 full-time jobs

A five-year contract with Italian company Green Dot Biomass Energy Company Inc. for biomass fuel pellets is launching Canadian Biofuel Inc. into the European market.

Ian Moncrieff, Canadian Biofuel Inc. president and CEO, said the contract, which starts July 15, 2012, will generate about $36 million in gross revenue for the Chatham, Ont. based company.