July 31 (Renewables Now) - Sustane Technologies, a Halifax, Nova Scotia-based company that converts landfill waste into biofuels, has secured a CAD-2.6-million (USD 2.1m/EUR 1.8m) investment from the government of Canada.
The funding, coming from Sustainable Development Technology Canada, will help the company complete its demonstration facility in Chester, Nova Scotia, Innovation, Science and Economic Development Canada announced last week. The facility will transform solid waste from landfills into products such as synthetic diesel and recyclable materials.
According to Sustane's president Peter Vinall, the company's recycling process recovers 90% of landfilled materials.
(CAD 1 = USD 0.799/EUR 0.681)