Comet Biorefining build bio-based chemicals plant in Canada

Comet Biorefining to build bio-based chemicals plant in Canada

7:37 AM, 11th March 2016
Comet Biorefining to build bio-based chemicals plant in Canada

LONDON, UK: Comet Biorefining Inc said it has received funding to build the first-of-a-kind advanced bio-based chemicals plant in Sarnia (Ontario), Canada. Sustainable Development Technology Canada (SDTC) awarded a grant of $10.9 million for the construction.

The plant will use proprietary conversion technology to transform corn stover, an agricultural residue, into high-purity dextrose sugar, it said.

SDTC supports the development of technologies which address the challenges of clean air, soil, water and climate change. As a building block for bio-based solutions- replacements for petroleum-based products – Comet’s dextrose sugar will help reduce Canada’s greenhouse gas emissions.

Comet’s technology enables sugars to be produced cost- competitively with corn or sugarcane-derived dextrose, the conventional raw materials for today’s biochemical production. Comet’s facilities may be built on a small scale that enables flexibility to locate production close to biomass supplies, reducing transportation costs.

“This funding will support the commercialization of our feedstock-flexible technology and produce a much-needed raw material for the growing bioeconomy,” said Andrew Richard, founder of Comet.

“Comet’s cellulosic sugar technology was one of the clean sustainable technologies recommended, with the best fit for the region and an excellent opportunity to accelerate the growth of the bioeconomy in rural Ontario,” said Dr Murray McLaughlin, executive director, Bioindustrial Innovation Canada (BIC).

“Our mission is to help Canadian cleantech entrepreneurs move their ground-breaking technologies to commercialization by bridging the funding gap between research and market entry. This dextrose sugar plant is the kind of technology that has the potential to generate jobs, growth and export opportunities, and to bring lasting economic and environmental benefits to Canadians and the world,” said Leah Lawrence, president and CEO, SDTC.

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