New bioproducts Guelph plant to benefit corn growers
The bioeconomy is an exciting new frontier for Ontario agriculture, opening up new markets for farmers beyond food and feed to a vast array of industrial and consumer applications. The Government of Canada is committed to increasing demand for farm products, while helping agri-based businesses to be innovative and competitive in order to create well-paying jobs and find new export markets.
Member of Parliament Lloyd Longfield (Guelph), on behalf of Agriculture and Agri-Food Minister Lawrence MacAulay, recently announced an investment of $1 million to support start-up company Mirexus Biotechnologies to establish operations in Guelph and commercialize a new micro-filtration process that will directly benefit Ontario sweet corn growers.
The technology will help isolate glycogen – a key ingredient for personal care and cosmetic products, derived from sweet corn – using a Mirexus-patented process.
The glycogen product has an established global demand and these products will primarily be made for export. Mirexus Biotechnologies broke ground on Sept. 28 for their new plant in Guelph which will buy 4,500 more tonnes of corn from Ontario growers over the next 10 years.