The Forest Products Association of Canada (FPAC) is pleased to announce the launch of a new Bio-pathways Partnership Network aimed at exploring new business ventures that will help exploit the economic opportunities of the emerging bio-age.
Network participants will come from such sectors as the chemical, energy, pharmaceutical, auto, aerospace, and plastics industries as well as other technology providers that can collaborate with the forest products industry on extracting bio-chemicals, bio-energy and bio-materials from trees.
“This is a welcome development stemming from our recent bio-pathway reports. That study confirmed the social, economic and environmental advantage of integrating these new bio-products in existing mill operations. It also pointed to a myriad of market opportunities for companies willing to invest in new green innovations based on wood fibre,” says the President and CEO of FPAC, Avrim Lazar. “We know that business as usual will not work. Establishing partnerships will be a win-win situation economically that will allow us to more quickly transform the forest products industry.”