Ontario helps fund biorefinery
May 7, 2018
Link to story
In Ontario, the provincial government is supporting Comet Biorefining’s plans to build a production plant to make ingredients for food and beverage, animal nutrition and biomaterials markets from agricultural residues.
Ontario’s Jobs and Prosperity Fund will invest $8 million to help Comet Biorefining fund the $79.8 million plant at Sarnia. The plant will create 82 new jobs and 158 indirect jobs in harvesting, construction, farming and manufacturing.
“Our government’s investment in Comet Biorefining will help position the company to compete globally,” says Jeff Leal Minister of Agriculture, Food and Rural Affairs. “This will in turn help create and retain jobs, boost Sarnia’s local economy and support the competitiveness and further growth of Ontario’s agri-food sector. Through the Jobs and Prosperity Fund, our government is helping foster growth in Ontario’s food and beverage processing and bioeconomy sector.”
Feedstocks for Comet Biorefining’s process include agricultural residues such as wheat straw, corn stover, and wood products.