Citing market uncertainty and adverse capital markets, Lignol said its proposed joint venture partner Suncor Energy will continue "to monitor the progress" of Lignol's technology to develop the biofuel.
“While it is disappointing for Lignol to be suspending the Grand Junction project, this is a practical decision based on the current realities that many companies are facing today,” said Ross MacLachlan, Lignol’s chief exectuive.
He
