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TrustBIX (TSXV:TBIX) launch biomass traceability project

Technology
TSXV:TBIX
28 September 2022 16:00 (EDT)

Source: TrustBIX

TrustBIX (TBIX) has launched a Biomass Traceability pilot project with members of the Biomass Quality Network of Canada (BQNC).

BQNC is facilitating the commercialization of agricultural biomass by developing quality standards and methods for industrial applications, including biofuels, green chemicals, bioplastics and biomaterials.

BQNC Director and Chairman, Murray McLaughlin, says:

“This project will demonstrate the importance of biomass traceability for assuring product quality and important production attributes throughout the supply chain. It builds a concrete demonstration of the protocol TrustBIX assisted our members in developing over the past year.”

TrustBIX Chief Innovation Officer, Tom Ogaranko, says:

“This work builds on TrustBIX’s extensive experience with chain of custody value solutions for all levels of the supply chain, from producers to consumers and to become a global leader for traceability in not only the agri-food business but in the agricultural biomass industry.”

The pilot project will run until March 2023 with selected BQNC members, and the results will be shared with BQNC members.

BQNC is a value chain group created in 2015 to develop quality standards and measurement techniques to accelerate the adoption of Canadian biomass in bioproducts for all stakeholders through the development and deployment of standards, methods and guidelines; management and monitoring of a certification system; and provision of value-added services.

TrustBIX (TBIX) provides agri-food traceability and chain of custody value solutions.

TrustBIX (TBIX) is unchanged today, trading at C$0.05 at 4:01 pm ET.


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