bioindustrial innovation canada
play

Bioindustrial Innovation Canada Developing a Low Carbon Chemistry - PowerPoint PPT Presentation

Bioindustrial Innovation Canada Developing a Low Carbon Chemistry Value Chain Biomass North Conference North Bay, October 25, 2016 A.J. (Sandy) Marshall Executive Director, Bioindustrial Innovation Canada Sarnia, Ontario Bioindustrial


  1. Bioindustrial Innovation Canada Developing a Low Carbon Chemistry Value Chain Biomass North Conference North Bay, October 25, 2016 A.J. (Sandy) Marshall Executive Director, Bioindustrial Innovation Canada Sarnia, Ontario

  2. Bioindustrial Innovation Canada Accelerating commercialization of clean technologies Vision: Creating jobs and economical value sustainably for Canada Mission: Bioindustrial Innovation Canada provides critical strategic investment, advice and services to business developers of clean, green and sustainable technologies. Our expertise in commercialization builds a stronger Canada. 2 Biomass North Conference, October 25, 2016, North Bay

  3. Bioindustrial Innovation Canada How we support commercialization Bioproduct AgSci Cluster Initiative ($10 million, 4 years): Funded through Agriculture and Agri-Food Canada (AAFC) • Support R&D of bioproducts with a benefit to agriculture • Strong focus on achieving milestones leading to commercialization • Centre for Commercialization of Sustainable Chemistry Innovation (COMM SCI) ($27 million, 4 years): Funded through FedDev IRD ($12 million) and MRIS ($3 million) • BIC, partners and participants provide $12 million matching funds • $11 million investment fund for startup companies • $16 million for commercialization support activities • Applied research for eliminating technology barriers Access to plug and play facilities for pilot and demonstration plants Access to technical services to resolve supply chain and market barriers Access to networks and engineering resources to support commercialization Financial support through access to project funding 3 Biomass North Conference, October 25, 2016, North Bay

  4. BIC has a Balanced Portfolio Approach With focus on the hybrid chemistry value chain Power of a Catalyst: Total Jobs $5.5 million in investment leveraging $143 million of +665 Construction matching funds through other investments. IPO’s and more Jobs investments have taken this to 2100 over $500 million +1256 Indirect Creating 2000+ jobs through 14 investments , 4 demonstration Jobs 1400 plants, and one major $120 million bio-based chemistry plant Adding value to renewable 243 Full resources (forestry, agriculture Time Jobs and recycled waste) 200 Converting and lowering green house gases (GHG’S) 4 Biomass North Conference, October 25, 2016, North Bay

  5. Developing the Ontario Bio-economy Reducing GHG emissions and climate impacts BioAmber produces succinic acid from corn sugar at their 30 KT/year production facility in Sarnia. LCA estimates 98% GHG reduction relative to petroleum (210 KT/year = 45,000 mid-size cars) Ecosynthetix produces a bio-latex polymer from starch at their production facilities (100 KT/year) GHG reduction estimated between 300 – 400 KT/year (60,000 – 80,000 mid-size cars) Woodland Biofuels produces ethanol from wood at their demonstration plant in Sarnia Raising funds to build commercial scale Renix has developed an uninterupted ion- exchange technology which increases resin efficiency and reduces operating costs > 30% GHG reduction estimates not yet determined 5 Biomass North Conference, October 25, 2016, North Bay

  6. Integrating into the Hybrid Chemistry Value Chain Opportunity for renewable resources to commercialize Bio-Jet fuel Fuels & Fossil-based Energy Consumer Primary Feedstock Chemicals Advanced Polymers & Manufacturing Finished Ethanol Chemicals Products Butanol Biodiesel Succinic acid Bio-based iso-Butanol Lignin Feedstock Levulinic acid NCC Lignin Natural fibres Processed Cellulosic sugars Biomass Oils Low Value Added High Value Added 6 Biomass North Conference, October 25, 2016, North Bay

  7. Developing the Ontario Bio-economy Where should we focus Ontario needs to continue developing a well- articulated vision and integrated approach for the bioeconomy Commercialization of first generation technologies remains challenging, access to capital and fostering risk-sharing with government must be a priority to bridge the valley of death A top priority is demonstrating success in commercialization of technology in Ontario… 7 Biomass North Conference, October 25, 2016, North Bay

  8. Thank you - Discussion 8 Biomass North Conference, October 25, 2016, North Bay

Download Presentation
Download Policy: The content available on the website is offered to you 'AS IS' for your personal information and use only. It cannot be commercialized, licensed, or distributed on other websites without prior consent from the author. To download a presentation, simply click this link. If you encounter any difficulties during the download process, it's possible that the publisher has removed the file from their server.

Recommend


More recommend