The Liberal government is reaffirming its commitment to food processing in Ontario.
Premier Wynne says the $40-million jobs and prosperity fund will help maintain and grow the sector in Ontario.
“It seems to me that investing and having better partnerships between government and the food processing industry is a very important way of supporting our agri-food sector, says Wynne. ” And so the jobs and prosperity fund is the large umbrella for for $400-million over 10 years for the food processing industry.”
The agri-foods sector is worth about $34-billion in Ontario annually.
By Trevor Thompson
Source: Blackburn News
The company expects to eliminate 1.2 billion tons carbon dioxide equivalent of methane emissions by the end of the decade. The company says that it already reduced its methane emissions by around 14% between 2018 and 2020.
The “first-of-its-kind” pilot project will develop and demonstrate an affordable modular bioprocessing system to produce biodegradable bioplastics from food waste diverted from landfills. The three-year grant will test the scalability and feasibility of the conversion on a national and global scale.
Arkeon is allying with specialty mineral giant ICL to support the scaling of its fermentation bioprocess that converts CO2 into the 20 proteinogenic essential amino acids needed in human nutrition. The process, hailed as carbon negative, is based on the use of archaea, a group of microorganisms that naturally feeds off the greenhouse gas.