SDTC Funds development of oil and gas applications from forest Biomass
Will receive funding from Sustainable Development Technology Canada (SDTC)
CelluForce welcomes the announcement by Sustainable Development Technology Canada (SDTC) of a contribution of $4.0 million to optimize the extraction process of Nanocrystaline Cellulose (NCC) from dry wood pulp and develop applications for its use in the oil and gas sector.
NCC is a fundamental building block of trees that can be extracted from the forest biomass and has unique properties that offer a wide range of potential applications. Measured in units as small as nanometres, these tiny structures have strength properties comparable to steel and will have uses in a variety of industrial sectors. In particular, NCC is touted as having the potential to significantly advance the oil and gas industry.
“Our Government is positioning Canada as a global leader in the clean technology sector by supporting innovative projects aimed at growing our economy while contributing to a cleaner environment,” said Greg Rickford, Canada’s Minister of Natural Resources. “By developing our resources responsibly, exploring next-generation transportation and advancing clean energy technology, the projects announced today will create jobs and improve innovation opportunities in Quebec and across Canada.”
“World-class research led to the development of this ground breaking extraction process and placed Canada at the leading edge of NCC research”, stated René Goguen, Acting President of CelluForce Inc.