{"id":139881,"date":"2024-03-04T07:26:00","date_gmt":"2024-03-04T06:26:00","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=139881"},"modified":"2024-02-28T11:44:37","modified_gmt":"2024-02-28T10:44:37","slug":"government-of-canada-supports-bosk-bioproducts-in-improving-its-capacity-to-produce-compostable-bioplastics","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/government-of-canada-supports-bosk-bioproducts-in-improving-its-capacity-to-produce-compostable-bioplastics\/","title":{"rendered":"Government of Canada supports BOSK Bioproducts in improving its capacity to produce compostable bioplastics"},"content":{"rendered":"\n\n
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SMEs have a key role to play in ensuring\u00a0Quebec’s\u00a0economy makes the environmental transition. They seek to innovate and grow by becoming more competitive in a greener world. That\u00a0is why the\u00a0Honourable Soraya Martinez\u00a0Ferrada, Minister of Tourism and Minister responsible for CED, accompanied by the\u00a0Honourable Jean\u2011Yves\u00a0Duclos, Member of Parliament for Qu\u00e9bec and Minister of Public Services and Procurement, took the opportunity during her visit to announce a repayable contribution of\u00a0$1M\u00a0for BOSK\u00a0Bioproducts\u00a0Inc. This\u00a0CED support will enable the business to increase its production capacity by establishing a manufacturing unit for compostable bioplastics. The assistance provided will focus on the cost of acquiring equipment and installing, testing, and commissioning this unit.<\/strong><\/p>\n\n\n\n

BOSK Bioproducts is an innovative SME based on the model of a circular economy to collect industrial waste, such as bio-sludge from paper manufacturing, and convert it into compostable bioplastics. Its new manufacturing unit will enable it to improve its production capacity by securing its supply chain. The business will thus be able itself to produce polyhydroxyalkanoate (PHA), a key component of REGEN\u2122, a bio-based bioplastic it has developed. Through this 100% compostable solution, BOSK aims to significantly reduce plastic waste in the environment.<\/p>\n\n\n\n

A sustainable, just, and more inclusive recovery relies, among other things, on businesses making the green shift. The Government of Canada supports SMEs by fostering sustainable development across all Quebec regions. Adapted programs and services are available to accelerate the implementation of innovative projects, the adoption of clean technologies, and the development of greener products. In this way, CED is providing concrete assistance for Quebec’sbusinesses, entrepreneurs, and workers to better position themselves and seize opportunities arising out of an economy in transition.<\/p>\n\n\n\n

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“Through their capacity to innovate, SMEs have a key role to play in the green transition and in our economy. That is why our government is proud to support them so they can continue to develop sustainable solutions to protect the environment, while also remaining competitive. I\u00a0am therefore pleased with CED’s assistance for BOSK Bioproducts, whose growth will not only enable the region’s economy to develop, but also guarantee a greener, healthier planet for future generations.” – The Honourable Soraya Martinez Ferrada, Member of Parliament for Hochelaga, Minister of Tourism and Minister responsible for CED<\/strong><\/p>\n\n\n\n

“To counter the climate crisis, which is one of the determining challenges of our time, we are ensuring our SMEs have the support they need to complete their green transition so they can remain competitive, innovative, and well equipped to adapt to the economy of tomorrow. The\u00a0funding granted to Qu\u00e9bec’s BOSK Bioproducts will enable this business to develop a 100% compostable alternative to traditional plastics. I\u00a0am confident the success and spin-offs of this wonderful project will be felt right across the city of Qu\u00e9bec and throughout the province and\u00a0Canada.” – The Honourable Jean\u2011Yves\u00a0Duclos, Member of Parliament for Qu\u00e9bec and Minister of Public Services and Procurement<\/strong><\/p>\n\n\n\n

“We are profoundly grateful to CED for its generous support. This loan is not just a financial boost; it is a sign of confidence in our mission. Plastic pollution is one of the most pressing environmental challenges of our time. Every day, we throw the equivalent of 2000 trucks of waste into our oceans, and plastic packaging represents most of the world’s production. Our commitment at BOSK\u00a0Bioproducts is to be part of the solution. As a proudly\u00a0Quebec-based business, we want to make a positive contribution to the local economy, and this grant enables us to accelerate our production of compostable bioplastics, marking a major step in our path towards sustainable development. We are more than a business; we are a community of innovators animated by a vision of a cleaner, greener future for\u00a0Quebec\u00a0and the world.” – Paul Boudreault, President, BOSK Bioproducts<\/strong><\/p>\n<\/blockquote>\n\n\n\n

Quick facts<\/h3>\n\n\n\n