Investing in greener car parts
McGuinty Government Supports Research To Bring Products To Market
The Ontario government is providing $2.5 million to three companies that are inventing new ways to make car parts out of crops. The parts are lighter, stronger and cleaner to produce and use.
Interior trim, head restraint coverings and ceilings can all be made from crops like soy beans and castor. They can also be used to make products used in packaging, construction, furniture manufacturing and other consumer items.
Canadian General-Tower Limited, GreenCore Composites Inc. and The Woodbridge Group are developing products that will create jobs in this emerging field. There is a growing global demand for less toxic, more eco-friendly chemicals and materials.
The funding will be provided through the Ontario BioAuto Council. It brings together sectors such as manufacturing, agriculture, forestry, and chemical and plastic producers.
- Plastics manufacturing consumes about 270 million tons of oil and gas every year worldwide.
- The global renewable and bioproducts industry is expected to exceed $125 billion in revenues by the year 2010.
“Our government is proud to support companies that are turning innovative ideas into good jobs and a greener, more globally competitive Ontario.”
“These investments will help Ontario companies move to the forefront of technologies that allow us to replace toxic materials and products with environmentally friendly, bio-based ones. It’s a win for our environment and for our manufacturers.”
“Ontario’s agriculture sector represents a valuable resource for our growing bioproducts industry. By supporting innovations in bio-based materials, we are building new opportunities for Ontario farmers and for our province’s economy.”