#19 The Wonder from Down Under, and Canada’ll fund ‘er: Canfor picks up $13M for Licella biofuels project
In Ottawa, the Canadian Minister of Innovation, Science and Economic Development, Navdeep Bains, pledged a $13M non-repayable contribution through Sustainable Development Technology Canada that will enable Canfor to further develop and demonstrate Licella’s technology — it will take what is a currently a waste product from its production processes and develop it into a low-cost biofuels product.
Canfor’s new biocrude could be refined by existing refineries into next-generation biofuels and biochemicals that can be easily integrated into conventional fuels markets. Canfor Pulp Products Inc is a top global producer of premium pulp and paper products that is also one of North America’s largest green energy producers.
https://staging.biofuelsdigest.com/2017/03/14/the-wonder-from-down-under-and-canadall-fund-er-canfor-picks-up-13m-for-licella-biofuels-project/
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