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FPInnovations and Resolute Inaugurate TMP Bio-Refinery in Ontario

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FPInnovations and Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced the commissioning of a new TMP-Bio plant in Thunder Bay (Ontario). With the capacity to treat 100 metric tpy of biomass, the bio-refinery pilot plant produces lignin and sugars for use in the development of innovative bio-products, such as wood adhesives, animal feed and composites. The organizations joined forces in early 2018 to build the plant at Resolute’s Thunder Bay P&P mill, focusing on developing new ways to efficiently manufacture and market innovative wood-based biochemical products.

The inauguration was attended by Don Rusnak, Member of Parliament, Thunder Bay – Rainy River; Ross Romano, Parliamentary Assistant to the Minister of Energy, Northern Development and Mines of Ontario; Bill Mauro, Mayor of Thunder Bay; Remi Lalonde, Senior Vice President and Chief Financial Officer of Resolute Forest Products; Stéphane Renou, President and Chief Executive Officer of FPInnovations; Derek Nighbor, President and CEO of Forest Products Association of Canada (FPAC); and many representatives of the Canadian forest products industry.

The CAD 23 million project is part of an initiative to renew and transform the forest products industry, building on investments by Resolute, the Ontario Centre for Research and Innovation in the Bio-Economy (CRIBE), and Natural Resources Canada. The project also has the support of the Northern Ontario Heritage Fund Corporation, FedNor, the Thunder Bay Community Economic Development Commission and the Ontario Ministry of Natural Resources and Forestry, in addition to contributions in research and applications from the Québec Ministry of Forests, Wildlife and Parks and the Nova Scotia Innovation Hub.

TMP-Bio is a patented technology developed by FPInnovations for the commercial production of large quantities of bio-sourced chemicals, such as high-quality cellulosic sugars and H-lignin, and is a step towards opening up new markets for the forest products sector within the biochemical products supply chain.

Quotes:
"Congratulations to FPInnovations and Resolute Forest Products on the official opening of the TMP-Bio plant. Ensuring our forestry sector remains strong and viable is important to our local economy and I’m pleased our government’s investment of $7.8 million has helped to bring this project to fruition. Northwestern Ontario is a hub for forestry innovation, and I look forward to seeing the results of this partnership and the positive impacts it will have on our growing bio-economy."
Don Rusnak, Member of Parliament for Thunder Bay – Rainy River on behalf of The Honourable Amarjeet Sohi, Minister of Natural Resources Canada

"Our government is making Northern Ontario open for business and open for jobs. We are committed to working with the forestry industry to help the sector innovate, create new opportunities and good-paying jobs in communities across the province. This is an industry that contributes $15 billion to Ontario’s economy. That is why we are supporting projects like the TMP-Bio pilot plant and working towards a new forestry strategy to open up the industry to jobs."
Honorable John Yakabuski, Ontario Minister of Natural Resources

"I want to commend FPInnovations and Resolute Forest Products on creating a unique partnership that helps our city, and the entire region, continue to build a strong value added forestry sector as well as a green economy. This project in its initial phases has created a number of jobs and has the potential to become a key employer in our region in the future. Where we are today is a result of not only the foresight of the two key partners, but also the support of the provincial and federal governments as well as Lakehead University and CRIBE. Congratulations and thank you to all involved in this very exciting project."
Bill Mauro, Mayor of City of Thunder Bay

"What makes this project so exciting is the number of partners who came together to make it happen. Canada has the potential to be a global bio-economy powerhouse and collective, concerted initiatives like these will move us into the future."
Derek Nighbor, President and CEO of Forest Products Association of Canada (FPAC)

"FPInnovations is proud to be part of a project that will allow the Canadian forest industry to diversify its revenue streams while demonstrating its ability to innovate and transform itself. This project paves the way for a stronger bio-economy that will lead, in collaboration with our partners, to clean solutions and technologies that will benefit future generations. FPInnovations would also like to thank Natural Resources Canada for the additional funding announced today as part of their Clean Growth Program."
Stéphane Renou, President and CEO of FPInnovations

"Innovation is an integral part of Resolute’s transformation strategy and long-term competitiveness. By hosting the bio-refinery at our Thunder Bay pulp and paper mill, we are helping to develop sustainable bioproducts and to generate new employment opportunities in the forest products industry."
Yves Laflamme, President and CEO of Resolute Forest Products
 

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