The Government of Alberta is advancing the province’s global leadership in the circular economy by committing $58 million through Emissions Reduction Alberta (ERA) to projects across the province worth $528 million in public and private investment.
Producing high-quality fertilizer for farmers, recycling asphalt from roof shingles, sequestering carbon in concrete, and novel plastics recycling are some examples of the technology solutions receiving funding through ERA’s Circular Economy Challenge.
One of those projects is from B.C.’s INCA Renewtech.
The Kelowna-based company has been awarded $10 million to construct and operate a first-of-kind commercial facility in Alberta to create a sustainable, advanced bio-composite material made from hemp stalk.
INCA plans to process waste hemp stalk from hemp grown for protein and manufacture it into BioPlastics and BioCore – a core material that can be deployed instead of rainforest balsa wood and petroleum based PET in wind turbine blades and marine cores.
In addition, processed fibre will be shipped to Indiana where INCA will manufacture it into PrePregs and BioPanels – biocomposites for the automotive and RV industries. INCA has commercialization partnerships with Gurit, Toyota North America and Genesis Products and their customer Winnebago Industries.