Investments

FOAM Goes GREEN – Now Made With Renewable Resources
 
FOR IMMEDIATE RELEASE
 
GUELPH, ON – February 28, 2008 – Ontario’s mattress, furniture and toy sectors turned a brighter green today with the announcement from the Ontario BioAuto Council of a $500,000 grant to Valle Foam Industries Inc. to aid in the commercialization of their new BioPlush™ product line.
 
Valle Foam Industries – located in Brampton, Ontario – manufactures slab stock polyurethane foams for the furniture, bedding, packaging, carpet and children’s toy industries. Valle Foam has committed to replacing up to 25% of traditional, petroleum-based polyols – one of two main ingredients used to make foam – with polyols derived from natural plant-based oils such as soybean.
 
The contribution to Valle Foam is the second from the Ontario BioAuto Council. 
 
Contacts:
Erin Cheney, Director Operations            Dale McNeill, VP Operations
519-827-1118        Ext 224                       905-453-8054
bioautocouncil.com                  
                 
                                                     
                                                  
GREEN-MATERIAL FOCUS OF FIRST INVESTMENT FOR ONTARIO BIOAUTO COUNCIL
 
FOR IMMEDIATE RELEASE
 
GUELPH, ON – December 3, 2007 – Innovation in Ontario shines bright green today as the Ontario BioAuto Council Commercialization Fund makes its first investment, in GreenCore Composites Inc. – a natural-fibre composite company based in Toronto.
 
GreenCore Composites has proprietary technologies to manufacture natural fibre reinforced composites for conventional injection moulded and extruded semi-structural and structural products. By replacing petroleum-based materials with sustainable natural fibers, Green Inside™  compounds can more than double the strength of the base polymer while offering added environmental benefits.
  
Contacts:
Erin Cheney, Director Operations                                              Geoff Clarke, CEO
519-827-1118    Ext 224                                                             416-946-5514
bioautocouncil.com                                                                    greencoreNFC.com