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Contribution: Contributions in support of Investments in the Forest Industry Transformation Program

CHAR TECHNOLOGIES THOROLD INC.

$4,938,168.00

THOROLD WOODY BIOMASS WASTE TO RENEWABLE NATURAL GAS AND BIOCOAL HIGH TEMPERATURE PYROLYSIS PROJECT

EF 2022-23 · 2022-11-25

Résumé
The objective of this Project is to install innovative technology in a forest products facility in Canada to commercialize proven technology to convert a residual sawmill waste stream into new, high value products, while sequestering carbon.
Programme
Contributions in support of Investments in the Forest Industry Transformation ProgramContributions in support of Investments in the Forest Industry Transformation Program (lien de confiance élevée)
Emplacement
TORONTO | TORONTO, Ontario, Canada
Type de bénéficiaire
For-profit organization
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

Tel que publié

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
2025-03-31
Agreement Number
IFIT6_CHAR
Agreement Start Date
2022-11-25
Agreement Title
THOROLD WOODY BIOMASS WASTE TO RENEWABLE NATURAL GAS AND BIOCOAL HIGH TEMPERATURE PYROLYSIS PROJECT
Agreement Title (French)
" PROJET DE BIOMASSE LIGNEUSE CONVERTIE EN GAZ NATUREL RENOUVELABLE ET AU BIOCHARBON PAR PYROLYSE À HAUTE TEMPÉRATURE À THOROLD
Agreement Type
Contribution
Agreement Value
$4,938,168.00
Amendment Number
0
Description
The objective of this Project is to install innovative technology in a forest products facility in Canada to commercialize proven technology to convert a residual sawmill waste stream into new, high value products, while sequestering carbon.
Description (French)
Ce projet permettra d'installer une technologie novatrice dans une industrie de produits forestiers au Canada pour commercialiser une technologie éprouvée pour convertir des déchets résiduels de scierie en nouveaux produits à valeur ajoutée, tout en séquestrant du carbone.
Expected Results
Environmental performance: 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)
Performance environnementale : Les résultats attendus permettront d'accroître les performances environnementales (production d'électricité verte et de carburants renouvelables, réduction des émissions de gaz à effet de serre, augmentation de l'efficacité énergétique, 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
TORONTO | TORONTO
Recipient Country
CA
Recipient Legal Name
CHAR TECHNOLOGIES THOROLD INC.
Recipient Postal Code
M3C1T5
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
115-2022-2023-Q3-13189