Biomass Secure Power Inc.
BMSPF
Other OTC0.00
USD
- -
- -
ISIN
CA09070Y1016
CUSIP
09070Y101
Return %
Stock
S&P500
1Y
-57.14
26.53
3Y
250.00
76.60
5Y
-71.23
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- James Carroll
- Sector
- Basic Materials
- Industry
- Paper, Lumber & Forest Products
- Address
- 125 – 8590 Sunrise Drive Chilliwack BC Canada V2R 3Z4
- IPO Date
- Feb 21, 2005
- Website
- biomasssecurepower.com
- Similar Companies
- Business
- Biomass Secure Power Inc. Biomass Secure Power Inc. (BMSPF) is a Canada-based development-stage company engaged in the supply and production of high-quality, environmentally sustainable torrefied biomass briquettes (TBB) from forest residuals and waste for use as a coal substitute in power generation. The company produces TBB that achieves a 95% reduction in CO2 emissions compared to brown coal, certified to remove less carbon from its fiber basket than is sequestered by regrowing trees; it meets or exceeds chain-of-custody standards such as FSC, SFI, and PEFC, with pellet grades including EN14961-2, ENplus A1 and A2, ENB, and options for EN14961-1, ANSI, JIS, DIN, and IWPB I#1 upon request. Operations focus on a planned torrefied biomass briquette plant in Natchitoches, Louisiana, designed for construction in three phases with a combined capacity of 1 million tonnes per year; the facility handles poles, logs, coarse and fine chips, saw-mill residuals, and sawdust, supported by a supply chain at Natchitoches on the Red River and Baton Rouge on the Mississippi, with Panamax-accessible storage via Port NOLA for 20,000-tonne batches and long-term agreements from sustainable local sources. Incorporated on August 24, 1989, under the British Columbia Business Corporation Act and headquartered at 125-8590 Sunrise Drive, Chilliwack, British Columbia V2R 3Z4, the company targets power producers in Europe and Asia seeking to reduce carbon footprints through co-firing or full conversion, leveraging modular engineering for scalable production of EN and I-grade wood pellets from low-quality logs and field fiber. Recent developments include ongoing filings such as the February 15, 2025, management certification and Q3 interim financial report for periods ending June 30 and December 31, 2024, alongside November 15, 2024, quarterly reports, reflecting continued advancement toward plant construction contingent on definitive off-take agreements, with no revenue generated from operations to date.