Innovation In Toxics Reduction Helps Build Green Economy In Ontario, Canada
In its first five years, the centre expects to create several startup companies and at least 250 jobs while strengthening the global competitiveness of Ontario's $21-billion chemical industry.
The province is also asking for public comment on the draft regulation that will spell out how industry must comply with the Toxics Reduction Act. The draft regulation will be posted on the Environmental Registry until October 19, 2009.
"The global challenges of sustainability and climate change are driving a growing demand for the chemical industry's green products and processes. Bio-based and green chemistry derived products represent a growing part of the worldwide chemical industry and demand is rising rapidly. Ontario is in a unique position to capitalize on this new global market while delivering high-value jobs and a healthier environment for all Ontarians," said John Milloy, Minister of Research and Innovation.
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