DAILY NEWS Dec 5, 2012 3:18 PM - 0 comments

New Bio-Economy network in Ottawa

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By: HazMat Staff
December 5, 2012 2012-12-05

A bio-economy network (BEN) has been created in the nation’s capital to explore ways to take advantage of the emerging potential for bio-based products in the global marketplace.

The announcement was made December 4, 2012 at the Canadian Renewable Fuels Summit in Ottawa. BEN represents 800 member companies that support more than two million jobs in areas such as auto parts, biotech, chemical, agriculture and forest products industries.

Nine industry associations have joined BEN and other associations are invited to sign up as well to explore new business modes and partnerships across sectors.

“Canada has an abundance of renewable resources that can feed a wide range of bio-products” says Catherine Cobden, the executive VP of the Forest Products Association of Canada and the chair of BEN in a December 4, 2012 statement to media. “Developing our bio-potential will help unleash our national resources potential to spur future economic growth and job creation in Canada.”

BEN is calling on government to work with industries to take advantage of these promising opportunities. Areas for government-industry collaboration include the investment climate, the regulatory environment, innovation, and market diversification. BEN will also work on collaborative partnerships and value-added production.

“Some key trading partners have already developed comprehensive bio-economy strategies and Canada must not be left behind,” says Scott Thurlow, president of the Canadian Renewable Fuels Association, in a December 4, 2012 statement to media. “We would like to position Canada as a bio-investment destination and to take advantage of the staggering promise of the bio-economy.”

BEN includes:

•       Automotive Parts Manufacturers’ Association
•       BIOTECanada
•       Canadian Bioenergy Association (CanBio)
•       Canadian Renewable Fuels Association
•       Chemistry Industry Association of Canada
•       CropLife Canada
•       Forest Products Association of Canada
•       FPInnovations
•       Bioindustrial Innovation Canada /Sustainable Chemistry Alliance.
 



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