22 August 2007 16:30 [Source: ICIS news]
TORONTO (ICIS news)--A new bioindustrial centre in Ontario will be an important link between universities and industry to develop and commercialise bio-based chemical and fuel products, a Canadian consultant said on Wednesday.
Ontario’s provincial government announced last week it would support a bioindustrial centre at the Sarnia petrochemicals hub near the US border to Detroit with Canadian dollars (C$) 10.0m ($9.4m) in funding.
Gregory Penner, CEO of Guelph, Ontario-based consultancy NeoBio, said the centre would help Sarnia-based chemical makers branch into bio-based chemicals production.
Products targeted by the centre would likely include biopolymers and fibre substitutes as well as the development and commercialisation of clean biofuels, he said.
Despite capacity closures in the recent past, ?xml:namespace>
The centre will also use research facilities formerly occupied by Dow Chemical which plans to close down all production at
($1 = C$1.06)
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