Thursday, April 25, 2019

Feds invest in bio products

Federal Agriculture Minister Marie-Claude Bibeau announced an investment of up to $11.2 million in the Bioproducts Cluster under the Canadian Agricultural Partnership.

The cluster, led by Bioindustrial Innovation Canada, will include an additional $10.9 million in contributions from industry, for a total investment of $22.1 million. 

The cluster funds research to develop new applications for farm crops and residues. including generation of energy, extraction of chemicals and production of industrial products. 

Ecosynthetix will receive up to $2 million to develop green resins for adhesive binders for wood products. 

The goal is to provide alternatives to non-renewable based materials that will help meet Canada's commitment to reducing Greenhouse Gas (GHG) emissions and shift towards a renewable-based economy.