Grants and Contributions:

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Title:

Converting Agricultural Waste into Compostable Food Packaging Products

Agreement Number:

AIP-PAI - 1357

Agreement Value:

$1,750,000.00

Agreement Date:

Mar 21, 2024 - Mar 20, 2037

Description:

This project aims retrofit/upgrade of existing production facility, purchase/installation of new equipment in order to increase biodegradable resin production capacity, and to bring film production capacity in-house.

Organization:

Agriculture and Agri-Food Canada

Expected Results:

With the aim of crafting a cutting-edge compostable food packaging film entirely free from PLA, we harness discarded agricultural waste. This innovative film is purposefully engineered to efficiently break down in both managed and mismanaged environments, while also maintaining functionality and cost effectiveness at scale for widespread adoption. Our mission is to accelerate the world's transition to sustainable materials.

Location:

Surrey, British Columbia, CA V3S2A7

Reference Number:

235-2024-2025-Q4-00043

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

750897936

Recipient Type:

For-profit organization

Recipient's Operating Name:

CTK Bio

Recipient's Legal Name:

CTK Research and Development Canada Ltd.

Program:

AgriInnovate Program

Program Purpose:

The AgriInnovate Program is designed to accelerate the pace of innovation and facilitate the commercialization and adoption of innovative products, technologies, processes and/or services to enhance economic growth, productivity and competitiveness of the Canadian agriculture, agri-food, and agri-based products sector and help capture opportunities in domestic and global markets.

NAICS Code:

3259