Federal Government invests $1.7 M in Camoplast R&D program
The Federal Government is investing $1.7 million as part of a $5.8 million research and development (R&D) project u...
The Federal Government is investing $1.7 million as part of a $5.8 million research and development (R&D) project undertaken by plastic processor Camoplast Inc. intended to reduce atmospheric emissions, decrease energy consumption and waste, and increase productivity in the manufacture of composite parts for vehicles.
“Canada’s new government encourages traditional industries to find innovative ways to become more efficient and lessen their impact on the environment,” Maxime Bernier, Minister of Industry, said. “This project demonstrates Camoplast’s leadership in the industry by affirming its continued commitment to environmental stewardship while maintaining a top position in the market.”
The Government’s investment will help Camoplast, which is headquartered in Sherbrooke, Que., complement its existing manufacturing process with a more efficient Camoplast Long Fibres (CLF) process to mold composite parts for recreational vehicles, heavy trucks, and agricultural equipment.
Although this technology currently exists for manufacturing small parts, Camoplast is adapting it to suit its needs, the company said, enabling the production of larger parts, which should generate business opportunities by opening up new markets.
“Camoplast is delighted that the Government of Canada is taking part in this development project,” Luc Janelle, vice president and director general of Camoplast’s composite solutions division, said. “To survive, companies have to be innovative. This motivates us to offer clients new complementary solutions that will help create jobs while having a positive impact on the environment.”