CPECN

Forestry sector gets $2 million boost for clean innovation

Don Horne   

News

Ottawa has announced $2 million for FPInnovations at the official opening of its world-class, thermo–mechanical-pulp biorefinery (TMP-Bio) plant in Thunder Bay, Ont.
“FPInnovations welcomes Natural Resources Canada’s support toward clean innovation in the Canadian forest sector,” says Stéphane Renou, president and CEO of FPInnovations. “This investment demonstrates the enormous potential of our forest sector and paves the way for a stronger bio-economy. In collaboration with our partners, we will demonstrate the strength of our industry in finding environmental solutions that will benefit future generations.”
This investment builds on the $5.8 million previously provided by the feds for the pilot facility to accelerate the development, production and commercialization of green biochemicals derived from sustainably sourced Canadian wood.
The additional funding, provided through Natural Resources Canada’s Clean Growth Program, will support the development of the process by which FPInnovations converts wood sugars to biomaterials, which will help create a viable wood-to-chemicals industry that can help diversify the forest-based economy in rural communities.
“Our government supports Canada’s forest sector in its efforts to innovate and grow while helping diversify markets and create jobs in rural communities,” says Don Rusnak, Member of Parliament for Thunder Bay–Rainy River. “FPInnovations continues to transform the industry by demonstrating results through the development of bio-products that are helping us achieve a clean energy future.”
 
 


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