Ontario Bioproducts Cluster gets funding boost from government

0
863

In Ontario, government officials visited renewable chemical company EcoSynthetix to announce a federal investment of up to $11.2 million in the region’s Bioproducts Cluster.

Marie-Claude Bibeau , Minister of Agriculture and Agri-Food, and Karina Gould , Minister of Democratic Institutions, visited the Company’s Centre of Innovation in Burlington, Ontario were among the delegates.

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

One of the projects that will be supported from the Canadian Agricultural Partnership includes an investment of up to $2 million to EcoSynthetix to develop new green resins for adhesive binders in wood products.