The funding will be used to scale up production capacity of Fibracast’s FibrePlate technology in Ontario. The C$20 million project will also involve marketing Fibracast’s technology to wastewater treatment plants across North America, Europe and Asia.
“The funding from FedDev Ontario's Advanced Manufacturing Fund is of great support to Fibracast, as we enter a new, key phase in our company's growth. The Government of Canada's support will allow us to accelerate the commercialization of our innovative FibrePlate membrane technology, and position Fibracast as a leader in supplying technology for better water across the planet,” said John Tomescu, CEO of Fibracast.
Fibracast’s FibrePlate uses a unique hybrid-membrane that combines the best features of hollow-fibre and flat-plate membrane technologies. The company was founded in 2010 by a team of water-technology veterans.
Fibracast is a member of the Anaergia group of companies.
