Year 12 | 26 January 2020 | TO ENTER | TO REGISTER

Canada invests in innovative bio-resin technology

The Harper Government is enabling a company to commercialize a “green” bio-plastic, using innovative technology that was developed at the University of Guelph, MP Dave Van Kesteren (Chatham-Kent-Essex) announced today, on behalf of Agriculture Minister Gerry Ritz.

“Our government believes that strategic support for innovative Canadian businesses is a smart investment in our economy,” Van Kesteren said. “This innovative Canadian-developed technology will enable producers to find new markets and add value to their products, boosting their bottom line.”

Competitive Green Technologies received a repayable contribution of $360,000 from the Agricultural Innovation Program (AIP) to purchase and install equipment to produce biopolymer resin compounds from non-food biomass fibres. These compounds are to be used as input for the plastic moulding industry to make products such as bins and flower pots. The technology to formulate bio-resins was developed by the Bioproducts Discovery and Development Centre at the University of Guelph and the company has acquired a 10-year exclusive licence in North America.

"This investment has facilitated the commercialization of the first Canadian grown agricultural fibres based bio-composites for consumer markets. It is truly a harbinger of the development of a local bio-economy -- close to where the ag fibers are grown,” says Mike Tiessen, President of Competitive Green Technologies. “It will set the stage for agri-innovation and help Canadian agriculture to integrate with the manufacturing sector, improve environmental sustainability and support an emerging bio-economy."

This project was supported through the Agricultural Innovation Program—a $50-million initiative announced under Canada’s Economic Action Plan 2011. This program was part of the Government’s commitment to help Canadian producers benefit from cutting-edge science and technology and came to an end on March 31, 2013.

The new Growing Forward 2 policy framework which took effect on April 1 includes an AgriInnovation Program valued at up to $698 million over five years, designed to serve as a catalyst for innovation by supporting research, development and commercialization of new ideas that result in new products and technologies.

Growing Forward 2 includes an investment of more than $3 billion over five years in innovation, competitiveness, and market development. For more information on this agreement and the new AgriInnovation Program, please visit

by S. C.
05 june 2013, World News > America