The project will establish a biorefinery for TMP-Bio – a patented technology developed by FPInnovations to produce biochemicals, including cellulosic sugars and high-quality H-lignin, from wood.
The federal government is contributing $5.8 million to the project – $3 million through FedNor and $2.8 million through Natural Resources Canada. The Ontario government announced funding for the project in 2016.
"Our Government values innovation and is committed to building collaborative working relationships to help support the forest sector. FPInnovations has shown leadership in transforming the industry, promoting a culture of collaboration, and demonstrating results by developing bio-products with a low carbon footprint." Minister of Natural Resources Jim Carr said in a news release.
@FPInnovations and @resolutefp announce investment in pilot project in #Ontario to produce #bio-chemicals derived from #wood @CRIBE_Biomass @NRCan @NOHFC @FedNor @TBCEDC https://t.co/mbhOyue2VA pic.twitter.com/4NiIKHGUFL— FPInnovations (@FPInnovations) January 22, 2018
Thunder Bay-Rainy River MP Don Rusnak called the project is a significant step towards developing a bioeconomy in Northern Ontario and all of Canada. "The project has the potential to completely transform the forest products industry of our region, and I look forward to seeing the positive impacts it will have," Rusnak said.
"This project highlights the importance of investing in de-risking new technologies and products, and points the way for developing and delivering a transformative technology that contributes to the Canadian bio-economy," said FPInnovations president and CEO Stéphane Renou. "This major initiative strengthens the industry's position as a leader in the bio-refinery sector."
Richard Garneau, president and CEO of Resolute, said the company is pleased to provide a host facility and funding for the project. "This project will help create opportunities to diversify the use of wood fibre into higher-value-added products," he said.