Le Lézard
Classified in: Environment, Science and technology, Business
Subjects: NPT, SRI, CFG, ESG

Government of Canada invests in new research centre to develop biobased products in Trois-Rivières

Innofibre receives $2.25 million in financial support from CED. This contribution is part of nearly $40M in Government of Canada assistance for innovative projects in Quebec for a green, resilient economy.

TROIS-RIVIÈRES, QC, March 9, 2022 /CNW Telbec/ - Canada Economic Development for Quebec Regions (CED)

Supporting innovation and the development of greener technologies and products fosters economic development in Quebec's regions. That is why the Honourable Pascale St?Onge, Member of Parliament for Brome?Missisquoi, Minister of Sport and Minister responsible for CED, took the opportunity during her visit to the Innofibre research centre today to announce this funding.

In a strong position to become an unrivalled player in the transition to a green, sustainable economy, the Centre d'innovation des produits cellulosiques (Innofibre) must strengthen its capacity for innovation and technology transfer to help the businesses and institutions it serves improve their capacity to innovate, including by developing clean technologies associated with biobased products.

To support Innofibre in its mentoring mission, CED is granting the centre a $2.25M non?repayable contribution. The Government of Canada assistance will enable it to build research infrastructure that complements what already exists and that will focus on biomass conditioning and recovery, thermoformed products, and recyclable and compostable packaging.

More specifically, the contribution will enable Innofibre to cover various fees related to setting up mechanical and electrical systems, installing fibre optics, acquiring a megadome for the biomass conditioning equipment, and purchasing built-in furniture.

Innofibre is one of the Cégep de Trois-Rivières' three college centres for technology transfer (CCTTs). The mission of this world-class research centre is to contribute to the technological positioning and sustainable development of the Quebec pulp and paper and biorefining industry. By building this new pavilion, the CCTT will be able to accelerate its clientele's technological development, offer infrastructure that meets growing needs, and create quality jobs in the Mauricie region.


"Our government is making concrete commitments to demonstrate that a strong economy and a healthy environment go hand in hand. Among other actions, we are making strategic investments in clean technologies to create quality jobs and stimulate the economy of today and tomorrow. The support granted to Innofibre is a compelling example of a project that will enable Canada to reduce its environmental impact and foster a green, resilient economy."

The Honourable Pascale St-Onge, Member of Parliament for Brome?Missisquoi, Minister of Sport and Minister responsible for CED

"Thanks to this funding, Innofibre will be an active participant in the green economic recovery by developing sustainable solutions to environmental issues and helping achieve government objectives. The biobased product hub will meet the needs of the private sector by accelerating technological development and helping to train a qualified labour force, in addition to generating socio?economic spinoffs in several Canadian regions."

Jean-Philippe Jacques, General Manager, Innofibre

Quick facts

Associated links

Stay connected

Follow CED on social media
Consult CED's news

SOURCE Canada Economic Development for Quebec Regions

These press releases may also interest you

at 22:16
Today, Humanity Forward is celebrating lawmakers for making unprecedented progress in the fight against climate change through the Senate's passage of the Inflation Reduction Act....

at 09:05
Fisker Inc. ("Fisker") ? passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions ? unveils a process for qualifying US-based reservation holders of the Fisker Ocean all-electric SUV to retain access to...

5 aoû 2022
Project Solar, the leading e-commerce brand for solar installations, today announced the close of a $23M Series A financing round led by Left Lane Capital, with additional support from strategics within the industry. ...

5 aoû 2022
Sceye, a manufacturer of High-Altitude Platform Stations (HAPS), announced that it reached the stratosphere on June 14, 2022 with the aim of demonstrating the ability to stay over an area of operation for months at a time using renewable energy...

5 aoû 2022
Dominion Energy reached a major milestone in the development of the 2.6-gigawatt Coastal Virginia Offshore Wind (CVOW) project by receiving approval from the Virginia State Corporation...

5 aoû 2022
Apogee Enterprises, Inc. announced today that it has completed the amendment and extension of its senior unsecured credit facility. The agreement increases the company's unsecured revolving credit facility to $385 million and provides for an...

News published on 9 march 2022 at 11:00 and distributed by: