LA TUQUE, QC – Bioénergie La Tuque will receive $500,000 from the federal government to carry out the first phase of technico-economic feasibility studies required to start up a biorefinery in La Tuque to convert residual forest biomass.
“This significant contribution by Canada Economic Development for Quebec Regions will further de-risk the Bioénergie La Tuque project and lead to the creation of jobs and the development of an innovation-based bioeconomy in the Mauricie region,” says Pierre Lapointe, president and CEO, FPInnovations,
“Collaborations between governments, industry and research centres as demonstrated by the Bioénergie LaTuque project, are a clear example of how a future bioeconomy innovation supercluster can help diversify and grow the economy as well as contribute to Canada’s climate change objectives,” he adds.
Patrice Mangin, director general, Bioénergie La Tuque, comments: “CED’s contribution to Bioénergie La Tuque’s biorefinery project will help maintain the tempo required for our 50-member team to produce the studies in a timely manner. Today’s announcement is encouraging, and we thank CED for its investment.”