In Canada, a repayable contribution of $1M for BOSK Bioproducts Inc. has been provided by Canada Economic Development for Quebec Regions (CED). This CED support will enable the business to increase its production capacity by establishing a manufacturing unit for compostable bioplastics. The assistance provided will focus on the cost of acquiring equipment and installing, testing, and commissioning this unit.
Its new manufacturing unit will enable it to improve its production capacity by securing its supply chain. The business will thus be able itself to produce polyhydroxyalkanoate (PHA), a key component of REGEN™, a bio-based bioplastic it has developed. Through this 100% compostable solution, BOSK aims to significantly reduce plastic waste in the environment.
Tags: BOSK Bioproducts, Canada, CED
Category: Fuels
