Natural Products Canada (NPC) is excited to share a great new initiative to enhance investment and interest in Canadian SMEs. Partnering with Nutrition Capital Network, part of the New Hope family of companies, the Investor Meeting will connect high-potential natural product companies with investors from across Canada and around the world. The meeting will take place in the Courtyard Toronto Downtown by Marriott on June 20-21, 2017.
Companies Invited to apply
The NCN-NPC Investor Meeting is a valuable opportunity for companies to pitch their business to a set of experienced investors, as well as to receive valuable mentoring and advice from industry veterans. The opportunity to present is open to companies in the nutrition and health & wellness industry, including: natural & organic food, dietary supplements, functional foods, nutritional ingredients, natural & organic personal care & household goods, cosmeceuticals, health & wellness consumer products, foodtech, agtech, and other nutrition industry and green product segments. Companies are encouraged to apply via the online application form. Deadline is May 15, 2017.
Read the full announcement.
Read story at Canadianbiomasmagazine.ca.
Nova Scotia-based Hefler Forest Products has sold its 3.7-megawatt biomass power plant in Middle Sackville, N.S., the first sale of its kind in Canada.
The new owners, Hawthorne Capital and Katalyst Wind, are considering having a third party operate the sawmill on site.
Kevin Bromley, a PricewaterhouseCoopers partner, told The Chronicle Herald the sale is the first of its kind in Canada.
“I’ve never seen (a biomass power plant) run independently. Every one I know has been tied to a forestry company,” Bromley said. “This is the first time I’ve seen a purchase by a non-industry buyer.”
Helfer Lumber's biomass power plant was a highlight of the Technology Tour for the 2016 Atlantic Biorefinery Conference.
Story originially published at thechronicleherald.ca.
Read the full story at novascotia.ca
Nova Scotia could develop a biorefinery that produces a fossil fuel alternative made from renewable sources of fibre. The liquid biofuel could be used to heat houses and power boat engines.
Natural Resources Minister Lloyd Hines says it could make the forestry sector more competitive and spark economic growth.
The study was done by Nova Scotia's Innovation Hub.
It says the fibre could come from byproducts from forestry operations, farm crops, and municipal solid waste sources.
The hub is funded by Emera, the Atlantic Canada Opportunities Agency and the province of Nova Scotia.
The Atlantic Biorefinery Conference is a dynamic 3-day conference that sparks discussion and projects that transform our renewable natural resources into business opportunities. These opportunities are part of a vision for a sustainable future and circular economy where Canada's biomass is used to its full potential. Responsible resource management practices, new innovative technologies, and research and development in our traditional industries are essential elements of this vision. This is the biobased economy.
Biorefining is the platform of the new economy
Biorefining is a means to a sustainable future where we transform our natural resources into high value products like energy, medicines, bioplastics, and biofuels. Our natural resources are a valuable asset that should be leveraged sustainably and responsibly, and used in ways that yield the most positive impact for our society.
Atlantic Canada is positioned to be a leader in innovations for the bioeconomy, with dozens of private and public research institutions and hundreds of companies already innovating in the biosciences. Our vast forests, affordable agriculture land, and diversified coastal zones make this region an ideal playground for piloting and scaling up globally disruptive biorefining technologies.
The 2017 Atlantic Biorefinery Conference will showcase the best projects on-the-go from inside and outside the Atlantic Canada region. Delegates can take advantage of a multitiude of networking opportunities and hands-on technology demonstrations and tours.
Join us in Fredericton, New Brunswick June 7th - 9th at the Hugh John Flemming Forestry Centre.
Are you on the fence about registering? See you else is attending!
The Atlantic Biorefinery Conference is always growing! Attendance for this year's conference is capped at under 200 due to venue capacity, and tickets sales have crept up on us!
We're over half sold out of General Admission Passes! This is exciting news for the organizers as we're thrilled to see growing demand for the conference and growing engagement in the industry.
There is more support than ever for new (and old) companies as collaboration is becoming the norm and governments are realizing the economic and environmental promise of the bioeconomy.
Engage with the biorefining community and the bioeconomy movement at the Atlantic Biorefinery Conference!
BioNB's Meaghan Seagrave talks bioeconomy in New Brunswick.
Read the full story at Huddle.Today
The story of New Brunswick is the same as many rural areas in the world – with taxpayer funds that are stretched thinly to support isolated communities and seasonal or commodity industries facing challenging economic pressures.
Everyone talks about the next “boom,” as if a single industry is going to fly in and save the day. Look to other Canadian regions and you’ll discover that a single industry saviour isn’t the solution. What happens when you put all your eggs in one basket, as in Alberta, where the entire economy plummets from a drop in the price of one commodity. What happens when that player gets up and leaves? Look to Southern Ontario, teetering on hard times as GM and Ford move manufacturing to the US and Mexico.
New Brunswick’s rise won’t be based on a “boom” industry and nor should it be. Prosperity will come from the successful marriage of old industry and new; an inter-connected economy that asks for the best from our researchers, visionaries, engineers, communicators; and from our farmers, fishers, and foresters.
I’m talking, of course, about the green economy. The Bioeconomy. The bio-based economy. Whatever buzz word suits you.
What is the Bioeconomy?
“Bioeconomy” refers to the set of economic activities relating to the investment, development, production and use of biological products and processes in a sustainable way. A successful bioeconomy is built on the back of a region’s natural resources, which are processed and transformed into high value products like medicine, bioplastic, biofuel, and electricity. Consider LaForge Bioenvironmental of Saint-André New Brunswick, a dairy farm and biogas facility that is turning cow manure and potato scraps into clean energy and nutrient-rich fertilizer. The transformation is performed by two anaerobic digesters that are generating enough electricity to power their entire operation and 1,000 homes in the area.
The Netherlands is a great example of a region transitioning from a fossil fuel based economy to a bioeconomy in order to reduce their dependency on fossil fuels, meet greenhouse gas emission targets, and strengthen their economy as a whole. They have developed a comprehensive political and economic outlook that is projected to result in a total renewable energy share of 50%-60%. Their outlook calls for strategic investments in bio-based production systems, and strong incentives and policies that will enable the sector to grow at pace.
Why Develop a Bioeconomy?Why would a region move toward a bio-based economy?
(1) Resilient and diversified
Economies buoyed by a single industry or commodity are at the mercy of market fluctuations. A bio-based economy is a broad economy that requires skills and solutions from manufacturing, engineering, agriculture, transportation, information technology, biotech, and support and service industries. The bioeconomy reduces greenhouse gas emissions, contributes to energy security, and grows the agriculture, chemical and energy sectors.
(2) Creates High and Low Skilled Jobs
The bioeconomy is built from the ground up. It employs a diverse workforce: everyone from harvesters to sales-people, manufacturing, skilled trades, lab technicians, PhD researchers, and the software developers creating tech solutions to connect these companies in the 21st century.
(3) Environmentally Sustainable
A bio-based economy creates products and solutions that reduce our dependency on petroleum-based products. The future is a world that uses fuel, materials, and chemicals made from renewable resources and waste from other processes.
(4) Capitalizes and develops our region’s natural competencies
New Brunswick’s history is built on 150 years of experience innovating in our traditional sectors of forestry, agriculture, aquaculture, and fisheries. The bioeconomy will require us to build on this experience and innovate with modern solutions.
The Good News for New Brunswick
The best part? New Brunswick has everything it needs to become a bio-based economy and a leader in bio-based business and research. We already have 14 research institutions and 111 companies working and innovating in the biosciences. The region is waking up the opportunity in the bioeconomy, with over $60 million in investments in forestry biotech, agritech, medtech and other technologies since 2012.
We have what it takes to attract big business, sprout new ventures, and create jobs and prosperity. What we need are policies and private-sector investment to push the opportunity forward. Citizens can make change by seizing the business opportunity for themselves.
Citizens can make change by seizing the business opportunity for themselves. New Brunswick is punching above its weight when it comes to helping people start businesses – that’s the whole “innovation ecosystem” people keep talking about.
Let’s make the bioeconomy more than just a buzz word – let’s make it our future.
When it comes to starting a business for the bioeconomy, BioNB is the one-stop-shop for new entrepreneurs and established small and medium enterprises. Our team is diverse and has backgrounds in business development, marketing, biology, chemistry, IT, international trade, and we want to help you.
Visit us at BioNB.org and contact our team to access our business services.
Learn about cutting edge technologies and meet the Atlantic bioscience community at the Atlantic Biorefinery Conference, coming to Halifax May 30th – June 1st.
A disruptive technology that eliminates the need for landfills will soon be operational on Nova Scotia’s South Shore, according to Peter Vinall, CEO of Chester-based Sustane Technologies Inc.
Sustane has developed technology that allows solid waste destined for landfills to be made into clean and valuable products such as fuel pellets.
The Sustane facility to be built near the Chester landfill at Kaizer Meadow will divert over 90 per cent of material away from the landfill.
Vinall said the Sustane technology is unlike other techniques that create biomass from waste because it lowers contamination by plastics to a negligible 0.1 per cent.
Such a low point of contamination means the products have commercial value.
“This is the first technology that can take raw garbage destined for landfill and separate it into clean products,” said Vinall, who has worked around the world in the bio-energy and pulp and paper industries.
Sustane was the overall winner in the 2016 I-3 Technology Start-up Competition, the biennial contest run by Innovacorp, which recognizes the best new innovative business in Nova Scotia.
The company’s winnings totaled $225,000.
“The win brings money which is always important, but more than that is the validation,” said Vinall, whose previous roles include president and CEO of the AV Group in New Brunswick.
The Sustane core technology was developed by the company’s second co-founder and chief technology officer Javier De La Fuente of Spain.
Vinall and De La Fuente met three years ago. “I was looking for something like this and what he was doing was amazing. When we combined this with a new cleaning idea we had the complete solution….” Vinall said.
The pair founded Sustane in 2014 with chief financial officer Robert Richardson, an accountant and businessman.
Work on the $15 million Chester plant will begin this spring.
Click here to read the full story.
The West Fraser Timber Co.’s pulp mill in central Alberta has begun making more than just wood pulp for paper.
The forest products company has completed work on Canada’s first commercial-scale lignin recovery plant, which is designed to extract a natural wood byproduct called lignin and repurpose it for use in a range of new value-added products.
“Foresters have long been searching for ways to put lignin to better use,” Steve Price, CEO of one of the project’s funders, Alberta Innovates Bio Solutions, said. “The ability to recover lignin and transform it into green bioproducts will add more value to an abundant Alberta biomass and contribute to the provincial economy in a sustainable way,”
Along with a $3 million contribution from AI Bio, the $30 million plant received funding from the federal government through Natural Resources Canada and Sustainable Development Technology Canada, as well as from West Fraser itself. The facility is one of many examples of a Canadian company leveraging a sustainable material to create products that reduce the overall economy’s reliance on coal, crude oil and natural gas.
Read the full story at CanadianManufacturing.com.
The organizers of the Atlantic Biorefinery Conference will keep you informed on deadlines, speakers, and other updates.