The federal government announced a $504,000 investment into the POS Pilot Plant earlier today.
This money will be used for new equipment needed to provide services to those in the biotech and biofuel companies. POS has also invested an additional $554,000.
“We are ensuring that Canadian companies have an edge in developing and commercializing their products globally,” said MP Brad Trost, who represented Western Economic Diversification minister Michelle Rempel during a presentation at the facility.
“Our support for initiatives such as this illustrates our commitment to creating jobs, growth, and economic prosperity.”
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POS will use two high-viscosity evaporators and a low temperature condenser to produce an evaporation and compound recovery service that is now unavailable in Western Canada on a fee-for-service basis.
Rick Green, vice-president of technology at POS, said the facility is proud to begin the opportunity to expand its enabling role with Canadian clients.
“(The machines) will be used to develop clean label natural ingredients that can be produced from Saskatchewan crops,” Green said.
Oilseeds, fruit, vegetable and marine bio-based material will be turned into higher value bio-oils and products.
The equipment will also support the development of additional value-added products for the cosmetics, biofuel, nutraceutical and functional food industries.
“This will increase revenues and increase crop diversity along with manufacturing opportunities,” said Greene.
Scott Osborne, senior operations manager at Milligan Biofuels, uses POS machines and said he was pleased to have materials like this available to his company.
“We have a whole new set of things to work with, but we don’t have a lot of places with experience in operation and the engineering support. To have a factory like this in our backyard with equipment available, it’s been excellent.”
