TCL Asset Group Inc.

TCL Asset Group to Sell Unused StormFisher Quebec Waste Plant Assets

Varennes – October 13, 2026 -- TCL Asset Group Inc. has been awarded the contract to manage the sale of surplus assets from a never-operational waste and biomass processing facility in Varennes, Quebec, with an auction scheduled for late October 2026.

Site built in 2022-2024 never ran and will become a low-carbon methanol plant

The facility sits on the south shore of the St. Lawrence River in Southwestern Quebec. It was built during 2022-2024 but was never operational. The acquired Recyclage Carbone Varennes Waste/Biomass site will be developed into North America's first large-scale low-carbon methanol production facility. TCL is managing the sale on behalf of StormFisher.