Contribution: Contributions in support of Investments in the Forest Industry Transformation Program
XYLO-CARBONE INC.
$4,500,000.00
Production of a New Bio-carbon Composite for Metallurgy
FY 2024-25 · 2025-03-19
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
ST-TITE | ST-TITE, Quebec, Canada
Recipient Type
For-profit organization
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
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.
Agreement End Date
2028-03-31
Agreement Number
IFIT23_XYLOC
Agreement Start Date
2025-03-19
Agreement Title
Production of a New Bio-carbon Composite for Metallurgy
Agreement Title (French)
Production d'un nouveau composite de bio carbone pour la métallurgie
Agreement Type
Contribution
Agreement Value
$4,500,000.00
Amendment Number
0
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 increase environmental performance (production of green electricity and renewable fuels, reduction of greenhouse gas emissions, increased energy efficiency, carbon capture).
Expected Results (French)
Le résultat attendu est l'augmentation de la performance environnementale (production d'électricité verte et de carburants renouvelables, réduction des émissions de gaz à effet de serre, efficacité énergétique accrue, capture du carbone).
Foreign Currency Type
CAD
Foreign Currency Value
$0.00
Organization Code
nrcan-rncan
Organization
Natural Resources Canada | Ressources naturelles Canada
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.
Recipient City
ST-TITE | ST-TITE
Recipient Country
CA
Recipient Legal Name
XYLO-CARBONE INC.
Recipient Postal Code
G0X3H0
Recipient Province or Territory
QC
Recipient Type
F
Reference Number
115-2024-2025-Q4-16706
