Showing posts with label diversification. Show all posts
Showing posts with label diversification. Show all posts

Wednesday, 21 November 2018

Software Company Expanding in Sarnia.





From Troy Shantz, Sarnia Journal


About half of the fifth floor of the St. Clair Corporate Centre in downtown Sarnia has been leased to a software company with plans of further expansion.

U.S-based Clear Care Inc. arrived in Sarnia last year when it purchased HomeTrak, a homegrown software company and competitor located on Exmouth Street.

The combined company has grown from 20 local employees to nearly 50 and moved into the 9,600-square-feet of office space this spring.

“We are a lot more economical for hiring than in California,” said Moyra Miller, VP of customer success.

“Clear Care approved this much space with expansion in mind.”

The company, based in San Francisco, makes software used by 4,000 private duty home-care agencies providing housekeeping, maintenance and other services to independent-living seniors.



Image. Troy Shantz


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Wednesday, 4 April 2018

Benefuel to Build Biodiesel Refinery in Sarnia.































From Paul Morden, Sarnia Observer.



Benefuel, a company with offices in Ottawa and Texas, is working to build biodiesel refinery in Sarnia expected to begin operating in 2020 with more than 40 workers.

Sarnia-based Bioindustrial Innovation Canada, a government-funded agency working to help new sustainable technologies reach the market, said Tuesday it has invested in Benefuel to allow it to complete engineering needed as a final step before building a plant in Sarnia.

“We recognize the need for low carbon transportation fuels and Benefuel provides an important step forward to meet these goals,” Sandy Marshall, executive director of Bioindustrial Innovation Canada, said in a news release.

Rob Tripp, chief executive officer of Benefuel, said the company is planning to build a plant in Sarnia with an annual capacity of 75-million litres.

“We’re looking at leaving room to double the capacity down the road,” he added.

Tripp said the company is still working through estimates for the cost of the Sarnia plant. He added, “We typically don’t disclose financial information.”

Benefuel uses a unique refining technology to make biodiesel, Tripp said.

“It is capable of processing all of the hard-to-process waste oils that are high in free fatty acids,” he said.

The target feedstock for the Sarnia plant will be used cooking oil and distiller’s corn oil, which is a by-product of ethanol refining.



Image. By Ulrichulrich


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Friday, 30 March 2018

BioAmber Reports Record Fourth Quarter.




From Paul Morden, Sarnia Observer.


BioAmber, a Montreal-based company with a manufacturing site in Sarnia, reported a record quarter at the end of 2017 with revenue of $5.4 million.

Revenue in 2017 totalled $14.9 million compared to $8.3 million in 2016, an 81-per-cent increase, driven by increased sales of bio-succinic acid from the Sarnia plant opened in 2015, the company said this week.

BioAmber uses corn syrup to make succinic acid, a building block chemical used in products ranging from paints and plastics to cosmetics and food additives at its first large-scale commercial production site next to Vidal Street in Sarnia.

“We are pleased with the solid growth, which is reflective of our growing customer base and the potential of bio-succinic acid as an important chemical building block,” CEO Rick Eno said Wednesday during a quarterly earnings conference call.

“The entire company is working to move our operations to be gross margin positive at the plant level, followed by profitability at the corporate level,” Eno said.

“We believe this performance will unlock growth opportunities for us, including a second plant that will convert bio-succinic acid into butanediol and THF (tetrahydrofuran), which reflect an $8-billion market.”

The company said in late 2017 it was focusing on Sarnia as the potential site for a second plan.



Image. Zach Neal.


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