June 1, 2023

Wire Service Canada

Complete Canadian News World

Climate change. Canada SixRing invests $1.4 million in clean technology

Rome – Clean technologies play an important role in helping the Canadian agriculture sector fight climate change. Investing in clean technology initiatives that promote the bioeconomy can improve farmers’ profitability while reducing harmful greenhouse gas (GHG) emissions.

Francis DrouinParliamentary Secretary Minister of Agriculture and Agribusiness, he announced on behalf of the Hon Marie-Claude PBU, SixRing Inc. to increase production. An investment of over $1.4 million to support the next phase of development. The funding will be used to scale the company’s energy-efficient biomass conversion process, which converts agricultural waste into renewable fuels and sustainable advanced materials.

The bioeconomy has enormous potential for Canada, helping to reduce the country’s carbon footprint and creating new opportunities to grow the economy. Replacing non-renewable energy sources and fuels with green alternatives maximizes the use of agricultural resources and adds value to materials once considered waste.

As part of the Agricultural Clean Technology program, this investment in SixRing’s proprietary technology will enable the company to significantly increase its productivity through research and development. This development phase includes intensive testing of unused raw materials and improving production capacity to improve the company’s technology. Applying this low-carbon solution to agricultural waste management can significantly reduce greenhouse gas emissions and generate additional agricultural income across the country.

Canada’s recently announced 2030 Emissions Reduction Plan highlights actions needed to reduce emissions across various sectors of the economy. Actions by companies to reduce their emissions will complement the investments and other actions the Canadian government is taking to strengthen Canada’s clean economy in the fight against climate change.

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