Contribution: Contributions in support of Investments in the Forest Industry Transformation Program
CORRUVEN CANADA INC.
$706,378.00
Create the next standard of sustainable packaging
FY 2021-22 · 2022-03-08
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
EDMUNSTON | EDMUNSTON, New Brunswick, Canada
Recipient Type
For-profit organization
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Additional Information
Amendment: Value / Award previously disclosed for the 4th Quarter of 2021-2022. Grant or contribution awarded and spanning more than one fiscal year. The agreement in the amount of $4,124,236.00 was terminated or cancelled on March 31, 2023.
Additional Information (French)
Modification: Valeur / Subvention ou contribution antérieurement divulgée pour le 4e trimestre de l'exercice 2021-2022. Subvention ou contribution octroyée s'appliquant à plus d'un exercice financier. L'accord pour un montant de 4 124 236,00 $ a été terminé ou a été annulé le 31 mars 2023.
Agreement End Date
2023-03-31
Agreement Number
IFIT6_CORR
Agreement Start Date
2022-03-08
Agreement Title
Create the next standard of sustainable packaging
Agreement Title (French)
Céer la prochaine norme d'emballage écologique
Agreement Type
Contribution
Agreement Value
$706,378.00
Amendment Date
2022-12-22
Amendment Number
1
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
Diversify and advance Markets: The expected results will diversify markets with new, higher value products (new biomaterials, advanced building products and construction materials)
Expected Results (French)
Diversifier et faire progresser les marchés : Les résultats escomptés permettront de diversifier les marchés grâce à de nouveaux produits à plus forte valeur ajoutée (nouveaux biomatériaux, produits de construction avancés et matériaux de construction).
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
EDMUNSTON | EDMUNSTON
Recipient Country
CA
Recipient Legal Name
CORRUVEN CANADA INC.
Recipient Postal Code
E7C1R7
Recipient Province or Territory
NB
Recipient Type
F
Reference Number
115-2022-2023-Q3-13192
