Sarnia bioindustrial centre receives Ontario funding

The Ontario government is investing $10 million in the Bioindustrial Innovation Centre is Sarnia to stimulate the development of a bio-hybrid chemical industry in the region. The funding will be used to retrofit 6,000-sq-m of existing laboratory space and add 6,000-sq-m for an incubator centre. It is expected to attract more than $1 billion in new private sector investment by 2014. Sarnia has long been one of Canada's largest petrochemical clusters. It is hoped the new centre will generate new spin-offs while attracting bioindustrial plants to the area....