Contribution: Contributions in support of Investments in the Forest Industry Transformation Program
BIOENERGY AE COTE-NORD CANADA INC
$198,000.00
Diversification process targeting the industrial decarbonization of the Canadian market
FY 2021-22 · 2021-08-26
Summary
The goal is to achieve a strategic repositioning of the industrial fabric in Port-Cartier trough the demonstration of the potential for industrial decarbonization from forest by-products biofuels.
Department
Program
Contributions in support of Investments in the Forest Industry Transformation ProgramContributions in support of Investments in the Forest Industry Transformation Program (linked with high confidence)
Recipient
Location
ST LEONARD | ST LEONARD, Quebec, Canada
Recipient Type
For-profit organization
Business Number
817719107
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Reference Number
115-2021-2022-Q2-11228
Amendment Number
0
Agreement Type
Contribution
Recipient Type
F
Recipient Business Number
817719107
Recipient Legal Name
BIOENERGY AE COTE-NORD CANADA INC
Recipient Country
CA
Recipient Province or Territory
QC
Recipient City
ST LEONARD | ST LEONARD
Recipient Postal Code
H1P 3C6
Program Name
Contributions in support of Investments in the Forest Industry Transformation Program
Program Name (French)
Contributions à l'appui du programme Investissements dans la transformation de l'industrie forestière
Program Purpose
The objective of Investments in Forest Industry Transformation is to support forest industry transformation that will make the forest industry more commercially and environmentally more sustainable by investing in innovative technologies that lead to a more diversified, higher-value product mix including bioenergy, biomaterials, biochemicals, and next generation building products.
Program Purpose (French)
Le programme des Investissements dans la transformation de l'industrie forestière a pour but d'appuyer ladite transformation qui rendra l'industrie forestière plus durable sur le plan commercial et environnemental en investissant dans des technologies novatrices qui mènent vers une gamme de produits plus diversifiés et de plus grande valeur, y compris la bioénergie et l'énergie renouvelable, ainsi que les biomatériaux, les produits biochimiques et les matériaux de construction de prochaine génération.
Agreement Title
Diversification process targeting the industrial decarbonization of the Canadian market
Agreement Title (French)
Démarche de diversification visant le marché canadien de la décarbonisation industrielle
Agreement Number
IFIT5-AECN
Agreement Value
$198,000.00
Foreign Currency Type
CAD
Foreign Currency Value
$0.00
Agreement Start Date
2021-08-26
Agreement End Date
2023-03-31
Description
The goal is to achieve a strategic repositioning of the industrial fabric in Port-Cartier trough the demonstration of the potential for industrial decarbonization from forest by-products biofuels.
Description (French)
Le but est d'aboutir à un repositionnement stratégique du tissu industriel à Port-Cartier sur la base de la démonstration du potentiel de décarbonisation industrielle à partir des biocombustibles issus de sous-produits forestiers
Expected Results
The expected results will increase competitiveness and economic sustainability (jobs created, jobs secured, new revenues streams for companies, diversification of product portfolios).
Expected Results (French)
Le résultat attendu est l'augmentation de la compétitivité et de la durabilité économique (emplois créés, emplois sécurisés, nouveaux flux de revenus pour les entreprises, diversification des portefeuilles de produits).
Additional Information
Grant or contribution awarded and spanning more than one fiscal year.
Additional Information (French)
Subvention ou contribution octroyée s'appliquant à plus d'un exercice financier.
Organization Code
nrcan-rncan
Organization
Natural Resources Canada | Ressources naturelles Canada
