The Parliamentary Secretary to the Minister of Agriculture and Agri-Food, Francis Drouin was in Calgary yesterday to announce a key investment in clean technology for the province.
He says the $1.4 million dollar investment will help SixRing Inc's next phase of development to scale up production.
"The agriculture sector is working hard to propel climate action to build a healthy future for Canada. Under the Agricultural Clean Technology program, this investment in SixRing Inc. will ensure our farmers grow their profits, protect our environment and continue to feed the world sustainably."
SixRing is a subsidiary of the Fluid Energy Group and is also putting up $1.4 million dollars for the project.
The money will be used for scaling up the company’s low-energy biomass conversion process that converts agricultural waste into renewable fuels and sustainable advanced materials.
This phase of development will also include intensive testing of underused feedstock and improving production efficiencies to optimize the company’s technology.
The government says utilizing this low carbon-intensity solution to manage agricultural waste will help to significantly reduce greenhouse gas emissions and generate additional farm revenues across the country.
Clay Purdy, CEO and Chairman, SixRing Inc says the $1.4 million in funding will greatly assist in accelerating SixRings crop-based feedstock research and process optimization.
"We look forward to supporting our agricultural industry by generating new avenues of revenue from these crop waste products while allowing for greater access to low carbon-intensity, non-food-based sustainable fuels including SAF, Diesel and Gasoline."