{"id":4868,"date":"2022-02-08T18:29:53","date_gmt":"2022-02-08T18:29:53","guid":{"rendered":"https:\/\/oceansupercluster.ca\/?p=4868"},"modified":"2022-02-08T18:29:53","modified_gmt":"2022-02-08T18:29:53","slug":"clean-ocean-advanced-biofuels-project","status":"publish","type":"post","link":"https:\/\/oceansupercluster.ca\/fr\/clean-ocean-advanced-biofuels-project\/","title":{"rendered":"Canada\u2019s Ocean Supercluster announces $65M Clean Ocean Advanced Biofuels Project"},"content":{"rendered":"
\"\"<\/p>\n

The largest Ocean Supercluster project announced to date
\n<\/em><\/p>\n

Today, Canada\u2019s Ocean Supercluster announced its largest project to date, the $65 million Clean Ocean Advanced Biofuels Project<\/em>. In the project, Ontario-based Valent will work with a pan-Canadian team to produce Canada\u2019s first renewable diesel from abundantly available agricultural and forestry by-products.<\/p>\n

A major ocean industry challenge is the need for a range of environmentally sustainable, low greenhouse gas (GHG) emission, and low-sulphur marine fuels available to end-users at a competitive cost that are compliant with current and future fuel regulations. The Clean Ocean<\/em> Advanced Biofuels<\/em> project will address these challenges by introducing a low carbon biofuel across the marine ecosystem.<\/p>\n

For the development of the Clean Ocean<\/em> Advanced Biofuels<\/em> Project, Valent Low Carbon Technologies will work with partners FORGE Hydrocarbons, Mara Renewables, Clearwater, Katal Energy, Horizon Maritime, and Sustainable Development Technology Canada to produce fuel and solvents to be used in industry and a hydrocarbon material with improved nutritional value for human health products. With a total value of $65 million dollars, the Ocean Supercluster will provide nearly $5.7 million with the balance coming from the project\u2019s industry and government partners.<\/p>\n

The success of the Clean Ocean Advanced Biofuels<\/em> Project will drive Canadian renewable diesel production and supply, reduce imports, and foster international market exports. The Clean Ocean<\/em> Advanced Biofuels<\/em> Project will also boost job creation across Canada creating more than 150 direct jobs.<\/p>\n

The cumulative emission reductions from Valent\u2019s suite of technologies will positively impact local marine life and air quality, supporting Canada\u2019s transition to a more sustainable future.<\/p>\n

Quotes:
\n<\/strong>\u201cInnovation comes from bringing people together to solve real-world challenges. Through this project, the Ocean Supercluster and its partners will actively support Canada\u2019s transition to a more sustainable future.\u00a0This groundbreaking\u00a0project will produce Canada\u2019s first renewable diesel\u2014positively impacting marine life while also reducing greenhouse gas emissions\u2014and create more than 150 jobs.\u201d – The Honourable Fran\u00e7ois-Philippe Champagne, Minister of Innovation, Science and Industry<\/strong><\/p>\n

\u201cThe sustainable development of our ocean economy is one of the most important opportunities of our time. The $65M\u00a0Clean Ocean Advanced Biofuels project<\/em>\u00a0is not only our largest project to date but the collaboration of its pan-Canadian partners\u00a0is a testament to what we can achieve when we work together. This transformational project will help shape Canada\u2019s future as a leader in low-carbon fuel production.\u201d –\u00a0Kendra MacDonald, CEO, Canada\u2019s Ocean Supercluster<\/strong><\/p>\n

\u00ab\u00a0With over 50,000 merchant vessels circling the globe, we have a huge challenge to reduce transport emissions in the ocean economy. The Ocean Supercluster\u2019s financial support and its extensive network of collaborators fosters an accelerated and collaborative pathway to build the renewable fuels value chain for marine transport\u201d.\u00a0 – Karlis Vasarais, Co-Founder and EVP, Valent Low-Carbon Technologies<\/strong><\/p>\n

\u201cThe key to wide-spread adoption of renewable fuel in the marine sector is abundant renewable feedstock and a way to convert that feedstock into a fungible, low-carbon liquid fuel. The funding from the Ocean Supercluster enables our consortium to shape the Canadian Maritimes into a global leader in low-carbon marine fuel production.\u201d – Tim Haig, Founder and CEO, FORGE Hydrocarbons<\/strong><\/p>\n

\u201cMara is excited to play a leading role in this critical project, facilitating the transition to more sustainable practices and prioritizing the future of our oceans and planet. Our talented team will leverage the wonders of the ocean and Mara\u2019s leading plant-focused biotechnology to ensure a greener and stronger future for all of Canada.\u201d – Arturo Ania, CEO Mara Renewables Corporation<\/strong><\/p>\n

About OSC:<\/strong>
\nCanada\u2019s Ocean Supercluster is a pan-Canadian, industry-led transformative cluster focused on tackling some of the biggest challenges across ocean sectors through a collaborative program designed to accelerate the development and commercialization of globally relevant solutions, while also building a highly-capable, inclusive workforce. The Ocean Supercluster has approved more than 60 projects with a total value of $320 million which will deliver more than 110 new made-in-Canada ocean products, processes, and services to sell to the world.<\/p>\n

Media Contact:<\/strong>
\nNancy Andrews
\nCanada\u2019s Ocean Supercluster
\nnancy.andrews@oceansupercluster.ca<\/a>
\n709.725.7070<\/div>\n","protected":false},"excerpt":{"rendered":"

The largest Ocean Supercluster project announced to date Today, Canada\u2019s Ocean Supercluster announced its largest project to date, the $65 million Clean Ocean Advanced Biofuels Project. In the project, Ontario-based […]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[14],"tags":[],"class_list":["post-4868","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/oceansupercluster.ca\/fr\/wp-json\/wp\/v2\/posts\/4868","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/oceansupercluster.ca\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/oceansupercluster.ca\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/oceansupercluster.ca\/fr\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/oceansupercluster.ca\/fr\/wp-json\/wp\/v2\/comments?post=4868"}],"version-history":[{"count":0,"href":"https:\/\/oceansupercluster.ca\/fr\/wp-json\/wp\/v2\/posts\/4868\/revisions"}],"wp:attachment":[{"href":"https:\/\/oceansupercluster.ca\/fr\/wp-json\/wp\/v2\/media?parent=4868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/oceansupercluster.ca\/fr\/wp-json\/wp\/v2\/categories?post=4868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/oceansupercluster.ca\/fr\/wp-json\/wp\/v2\/tags?post=4868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}