Contribution: Contributions in support of Investments in the Forest Industry Transformation Program
KRUGER BIOMATERIAUX INC.
$2,125,000.00
Cellulose Filaments Commercial Seale Production Plant
FY 2018-19 · 2019-03-05
Summary
This project will install innovative technology in a forest products facility in Canada.
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
MONTREAL | MONTREAL, Quebec, Canada
Recipient Type
For-profit organization
Business Number
806527537
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Reference Number
115-2019-2020-Q4-09169
Amendment Number
1
Amendment Date
2020-03-27
Agreement Type
Contribution
Recipient Type
F
Recipient Business Number
806527537
Recipient Legal Name
KRUGER BIOMATERIAUX INC.
Recipient Country
CA
Recipient Province or Territory
QC
Recipient City
MONTREAL | MONTREAL
Recipient Postal Code
H3S 1G5
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
Cellulose Filaments Commercial Seale Production Plant
Agreement Title (French)
Usine de production commerciale de Seale de filaments de cellulose
Agreement Number
20IFIT-KRUG
Agreement Value
$2,125,000.00
Foreign Currency Type
CAD
Foreign Currency Value
$0.00
Agreement Start Date
2019-03-05
Agreement End Date
2021-03-31
Description
This project will install innovative technology in a forest products facility in Canada.
Description (French)
Ce projet permettra d'installer une technologie novatrice dans une industrie de produits forestiers au Canada.
Expected Results
The expected results will diversify markets with new, higher value products (new biomaterials, advanced building products and construction materials).
Expected Results (French)
Le résultat attendu est la diversification des marchés avec de nouveaux produits de plus grande valeur (nouveaux biomatériaux, matériaux de construction avancés et matériaux de construction).
Additional Information
Amendment: Duration of agreement / Value / Award previously disclosed for the 4th Quarter of 2018-2019. Grant or contribution awarded and spanning more than one fiscal year.
Additional Information (French)
Modification: Durée de l'entente / Valeur / Subvention ou contribution antérieurement divulgée pour le 4e trimestre de l'exercice 2018-2019. Subvention ou contribution octroyée s'appliquant à plus d'un exercice financier.
Organization Code
nrcan-rncan
Organization
Natural Resources Canada | Ressources naturelles Canada