BIC NEWS

Chemical valley positions itself as the home of the country’s emerging bioeconomy

October 2018 BIOTECHNOLOGY North America’s petroleum-based economy can trace its roots to southwestern Ontario, the site of the continent’s first oil rush in the 1850s. The legacy of that era grew into the “chemical valley” associated with the small city of Sarnia, a tightly packed cluster of petrochemical facilities that turn out a broad range of products used in everything from automotive fuels to chewing gum. The area’s international significance emerged during World War II when it became Polymer Corporation’s flagship site for the production of synthetic rubber, a contribution that later gained iconic status when a portrait of the company’s refinery was placed on the Canadian $10 note. W

Bioindustrial Innovation Canada (BIC) teams up with an economic development agency in Quebec

NEWS RELEASE - French Version Available Here SARNIA, ONT - Bioindustrial Innovation Canada (BIC), a national not-for-profit organization based in Sarnia, Ontario, with a goal to help Canada become a globally recognized leader in the field of sustainable technologies and Innovation et Développement économique Trois-Riviéres (IDETR), an economic development agency incorporated under the laws of Quebec, have signed a Memorandum of Understanding. BIC provides critical investment, advice and services to early stage companies with clean, green and sustainable technologies. BIC is funded by federal government agencies with matching support from the provinces. IDETR is a provincially funded economi

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