Energy efficiency is the new goal of an investment by the Canadian government, aimed to help businesses save money, increase their competitiveness and contribute to a cleaner environment.
Firstly, investment news came out this Thursday, by the voice of Lenore Zann, Member of Parliament for Cumberland–Colchester; on behalf of Seamus O’Regan Jr., Minister of Natural Resources.
Secondly, the investment was of CAN$18,500 in an energy management information system (EMIS); for Intertape Polymer Group Inc.’s (IPG) facility in Truro, Nova Scotia; to reduce energy costs and improve energy efficiency.
Thirdly, IPG is a company that specializes in packaging systems for retailers and manufacturers around the globe; the company, according to the statement, matched the federal government investment to reach a total of CAN$37,000.
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Energy efficiency for polymer manufacturing; reduced carbon footprint
In addition, IPG is a leading developer, manufacturer and seller of paper, and film-based, pressure-sensitive and water-activated tapes; shrink and stretch films, protective packaging, also woven and non-woven products; and also packaging machinery for industrial and retail use.
Moreover, the federal funding came out of the Energy Efficiency for Industry Program, which offers financial assistance to help fund Canadian industrial facilities’ energy management projects.
Furthermore, the investment would help IPG to lower the carbon footprint of its products; however, technical details of the destination of the investment were not provided. About it, Silvano Iaboni, Senior Vice President ECP Division at IPG, said. “IPG is happy to partner with the federal government on infrastructure projects to improve our energy efficiency and also reduce the carbon footprint of our products.”
Finally, Lenore Zann, Member of Parliament for Cumberland–Colchester, said. “The Government of Canada is investing in energy management systems to help the industrial sector achieve a low-carbon energy future. The Intertape Polymer Group in Truro has always been forward thinking; and also, an important employer in rural Nova Scotia. This project brings us one step closer to our net-zero emissions goal.”