Contribution: Contributions in support of Investments in the Forest Industry Transformation Program
BIOLESNA CARBON TECHNOLOGIES LIMITED PARTNERSHIP
$10,000,000.00
Carrot River Biorefinery Project
EF 2022-23 · 2022-11-18
Résumé
The objective of this Project is to install innovative technology in a forest products facility in Canada in order to commercialize proven technology to convert a residual sawmill waste stream into new, high value products, while sequestering carbon.
Ministère
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)
Bénéficiaire
Emplacement
MCBRIBE | MCBRIBE, British Columbia, Canada
Type de bénéficiaire
For-profit organization
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
Tel que publié
Additional Information
Amendment: Duration of agreement / Award previously disclosed for the 3rd Quarter of 2022-2023. Grant or contribution awarded and spanning more than one fiscal year.
Additional Information (French)
Modification: Durée de l'entente / Subvention ou contribution antérieurement divulgée pour le 3e trimestre de l'exercice 2022-2023. Subvention ou contribution octroyée s'appliquant à plus d'un exercice financier.
Agreement End Date
2025-03-31
Agreement Number
IFIT6_BCTLP
Agreement Start Date
2022-11-18
Agreement Title
Carrot River Biorefinery Project
Agreement Title (French)
Projet de bioraffinerie à Carrot River
Agreement Type
Contribution
Agreement Value
$10,000,000.00
Amendment Date
2024-02-26
Amendment Number
1
Description
The objective of this Project is to install innovative technology in a forest products facility in Canada in order to commercialize proven technology to convert a residual sawmill waste stream into new, high value products, while sequestering carbon.
Description (French)
L'objectif de ce projet est d'installer au Canada une technologie novatrice dans une installation de produits forestiers afin de commercialiser une technologie approuvée pour convertir les résidus de déchets de scierie en nouveaux produits de valeur ajoutée, tout en séquestrant le carbone.
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
MCBRIBE | MCBRIBE
Recipient Country
CA
Recipient Legal Name
BIOLESNA CARBON TECHNOLOGIES LIMITED PARTNERSHIP
Recipient Postal Code
V0J 2E0
Recipient Province or Territory
BC
Recipient Type
F
Reference Number
115-2023-2024-Q4-14992
