This funding helped extractX complete the final stages of research and development for its proprietary, fully-automated extraction technology. The company’s process uses ethanol, which helps reduce greenhouse gas emissions compared to other processes widely used in the industry. As a mobile unit, extractX is able to bring environmentally-efficient processing facilities to producers across Canada and around the world.
The project is funded through the original Agricultural Clean Technology Program, a C$25-million, three-year (2018-2021) investment to support research, development and adoption of clean technologies. The Government of Canada recently launched the new C$165.7-million Agricultural Clean Technology Program, which provides farmers and agri-businesses with access to funding to help develop and adopt the latest clean technologies to reduce greenhouse gas (GHG) emissions and enhance their competitiveness.