Refuel Energy Inc. (Refuel) will construct a 3000 barrels per day renewable fuel plant in Southern Ontario, Canada. The proposed project, called Refuel YYZ, would supply the aviation and terrestrial fuel needs of the Greater Toronto area, home to 6 million Canadians, while lowering the CO2 emissions for the end users by up to 80%. It is also strategically located for exporting to the US Northeast.
Large research infrastructures, a chemical and paper industry supporting a sector that is considered strategic, clusters that are able to build extended value chains, universities at the level of excellence and a federal government and provinces with a vision and an effective action plan. These are shortly all the strengths of the bioeconomy in Canada, as I saw them last week.
Bioindustrial Innovation Canada (BIC) has launched the creation of the $27 million Centre for Commercialization of Sustainable Chemistry Innovation (COMM SCI) through a $12 Million non-repayable contribution from the Federal Economic Development Agency for Southern Ontario’s (FedDev Ontario) Investing in Regional Diversification (IRD) initiative, a $3 Million grant from the Province of Ontario and a minimum $12 Million in matching contributions from BIC and their partners.
BioAmber Sarnia’s new bio-based succinic acid plant, the first and only commercial scale production plant of its kind in the world, will receive a $12 million investment from the Harper Government to support its construction in Sarnia.
The announcement was made by Patricia Davidson, Member of Parliament for Sarnia–Lambton, alongside the Honourable Gary Goodyear, Minister of State for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). The plant is expected to create 150 construction jobs and 60 permanent jobs once the plant is operational at the end of 2014.