SARNIA, ON - Bioindustrial Innovation Canada (BIC) see opportunities for emerging new technologies with the introduction of leading green initiatives on biodiesel in the Province of Ontario.
“This initiative should lead to new business opportunities in Ontario,” said Dr. Murray McLaughlin, BIC Executive Director. “BIC will be looking for ways to leverage the opportunities for the benefit of all of Ontario. This includes support for emerging new biofuel technologies from companies such BDR Technologies.”
Methes in Lambton County and BIOX in Hamilton are biodiesel companies located in Ontario. BDR Technologies (www.bdrtechnologies.com), a startup company in Ottawa, has developed a system to improve biodiesel quality and production efficiency.
The province’s Greener Diesel regulation requires the use of 2% biodiesel content as of April 1, 2014. This increases to 3% as of Jan. 1, 2016 and 4% as of Jan. 1, 2017. Greenhouse gases are expected to be reduced by at least 30% this year and by 70% by 2017 for the biofuel portion of the diesel fuel blend.
Dr. McLaughlin said the provincial initiative, announced by Environment Minister Jim Bradley and Agriculture and Food Minister Kathleen Wynne, is a benefit to all of Ontario, including rural communities where diesel fuel is used in farming operations.
Bioindustrial Innovation Canada is Canada's preeminent accelerator for the commercialization of large-scale industrial biotechnology and related sustainable chemistry. BIC is funded through a combination of revenues and investments from the private sector and governments, including $15 million from the Government of Canada’s Centres of Excellence for Commercialization and Research program.
Source: BDR Technologies