Vancouver, BC – good natured Products Inc. (TSX-V:GDNP) (the “Company” or “good naturedTM”), is pleased to have been invited to contribute to the recently released Canadian Industrial Bioproducts Industry Priorities Paper.
“It has been a real honour to play a role in defining priorities to position Canada as a global leader in bioproducts, and especially the global commercialization of these innovations,” said Paul Antoniadis, CEO of good naturedTM. “As outlined in the paper, we continue to see increasing demand for bio-based products and packaging, and I welcomed the opportunity to collaborate with leading industry partners from across Canada in creating this shared vision for growth.”
See below for the full text of the original release:
Industry Members of the Industrial Bioproducts Value Chain Roundtable Release National Report Identifying Priorities to Position Canada as Global Leader in Value-Added Bioproducts From: IBVCR Industry Partners
SARNIA, Ontario – January 15, 2018 –
Agricultural innovation and diversification are critical steps to ensure Canadian farmers and Canadian families continue to grow and strengthen for the future. The Government is supporting innovation and diversification in key growth industries, including our agriculture and agri-food industry, and a focused, integrated priorities framework for Canada’s industrial bioproducts sector will leverage Canada’s innovation and commercialization capacity, contribute to mitigation of greenhouse gas (GHG) emissions and position Canada as a global leader in the innovation, manufacture, consumption and export of value-added bioproducts.
Today, the industry members of the Canadian Industrial Bioproducts Value Chain Roundtable (the “IBVCR”) released the 2017 Canadian Industrial Bioproducts Industry Priorities Paper. This paper was developed by industry members of the IBVRCT based on the Round Table’s strategic plan (2017 – 2019) and 2016/17 policy consultations across Canada, including:
- Agriculture and Agri-Food Canada’s (AAFC) Canadian Agricultural Partnership policy framework (2018 – 2023)
- Clean Growth and Climate Change
- Clean Technology in the Natural Resource Sectors
The priorities cover four main market segments: biochemical, bioenergy, biofuels and biomaterials. The priorities focus on driving valuable knowledge-economy job creation and economic growth by leveraging Canada’s strong agriculture sector, scientific and commercial research capacity, highly educated population, and robust entrepreneurial communities.
Contributing industry members included good natured Products Inc., Ag-West Bio, BioAlliance, BIOENTERPRISE, BIONB, Bioindustrial Innovation Canada, BIOTECanada, Canadian Biogas Association, Composites Innovation Centre, CropLife Canada, Desai&Desai Inc., IGPC Ethanol Inc., Life Science Association of Manitoba, Natural Products Canada, Ontario Agri-Food Technologies, oilseed innovation partners, Renewable Industries Canada and Scenario.
“I would like to thank all industry members for their contribution to our report, said Murray McLaughlin, Industry Co-chair, Industrial Bioproducts Value Chain Roundtable. “The report outlines industry priorities that will help accelerate our leadership position in becoming the world leader in Bioproducts innovation, commercialization and consumption in Canada and globally.”
- The global market for energy from biomass and biofuels is expected to grow from $203 billion in 2008 to $544 billion in 2020, and accounts for a rapidly increasing share of the total market for energy.
- The portfolio of commercially available bio-based materials is experiencing rapid growth. For example, the bioplastics industry is forecast to grow at a compound annual growth rate (CAGR) of 14.8% to 2020 with packaging representing the most significant growth potential at 31.8% CAGR during the same period.
- The bioenergy sector is second only to the biofuels sector in terms of production and market size. The wood pellet industry in Canada is the second largest in the world, with production of about 4 million tonnes in 2015, increasing at 15% to 20% per year.
For more information on IBVCR and the Canadian Industrial Bioproducts Industry Priorities Paper, contact:
Dr. Murray McLaughlin, Industry Co-chair
Industrial Bioproducts Value Chain Roundtable
About good natured Products Inc.
With over 100 plant-based food packaging designs, 10 grades of bioplastic rollstock sheets, 30 home & business organizational products and a world class team of scientists, business builders and retailers, good naturedTM is producing and distributing one of North America’s widest assortments of consumer products and packaging made from the highest possible percentage of renewable, plant-based materials and no BPAs, phthalates or other chemicals of concern.
Committed to doing what’s right for the planet and right for business, good naturedTM is creating better everyday productsTM that combine cutting-edge bioplastic technology and the latest sustainable design features that not only look good, but maximize shelf space, drive incremental sales, enhance logistics and boost environmental benefits, all bundled up in a fresh and friendly brand.
For more information: goodnatured.ca
On behalf of the Company:
“Paul Antoniadis” Chief Executive Officer and Director
Capital Markets Advisor:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibilities for the adequacy or accuracy of this release.