PARTEQ-founded green chemistry centre stimulates $3.2 million in investment in breakthrough Queen’s technology

From ParteqInnovations.com

KINGSTON, ON -- A bold new approach to commercializing Canadian research discoveries in green chemistry has resulted in a $3.2 million vote of confidence from industry investors and venture capitalists.

The investment will be used to further develop a promising green solvent technology with a wide array of potential uses, including efficient, clean recovery of bitumen from oil sands, plastics recycling, and oil extraction from seeds or algae. The technology, discovered by Dr. Philip Jessop, Canada Research Chair in Green Chemistry at Queen’s University, recently formed the basis of a new Ontario company, Switchable Solutions Inc.  

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Contact:

John Molloy

President & CEO

PARTEQ Innovations

P: 613. 533. 2342

E: jmolloy@parteqinnovations.com  

 

 

AURP

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