11/26/2019 | News release | Distributed by Public on 11/26/2019 14:30
Resolute has been ranked one of Canada's Top 100 Corporate R&D Spenders in 2019, marking the ninth year in a row we've made this prestigious list.
The Top 100 ranking was announced on November 18 by Research Infosource Inc., which annually profiles organizations committed to enhancing Canada's global competitiveness in the knowledge economy.
What Resolute innovations are contributing to this new economy? In May, for example, we inaugurated a bio-refinery plant at our Thunder Bay (Ontario) pulp and paper mill to provide new pathways to the large-scale production of bio-chemicals derived from wood. In collaboration with our partner, FPInnovations, the project will help to develop eco-friendly and cost-effective alternatives to petroleum-based products for use in the construction, automotive, mining, oil and other sectors.
Another Resolute innovation is our joint venture with Mercer International, Performance BioFilaments, to develop commercial applications for cellulose filaments, a new source of biomaterial made of wood fiber.
Additionally, Toundra Greenhouse is an innovative cucumber-growing complex in which we own a 49% joint-venture interest. Located on land adjacent to our Saint-Félicien (Quebec) pulp mill, the facility employs 100 workers and has an annual production capacity of over 45 million Lebanese and English cucumbers.
For more information on Canada's Top R&D Spenders, visit link.