Company News

12/7/2009 - GreenCore Composites announces NCell™ High Performance Natural Fiber reinforced Thermoplastics and New application in the Skooper Gardening Tool

GreenCore announced today the launch of its NCell™ series of high-performance natural fiber reinforced thermoplastics for injection molding and extrusion applications. “GreenCore NCell™ 40-PP is the first in a line of environmentally preferred products and we are working on others to be launched next year.” said Geoff Clarke, President & CEO.  “End users are looking for products that significantly reduce both cost and the use of thermoplastics based on non-renewable resources.”

Utilizing proprietary Microfiber Technology, NCell™ 40-PP is a polyolefin based compound that offers up to 60% increase in mechanical performance when compared to other commercially available natural fiber composites.  In certain applications, NCell™ is capable of replacing glass-reinforced materials.  When compared to glass, natural fibers used in NCell™ are renewable, non-abrasive on tooling, and due to their lower density, offer the Customer weight reduction opportunities in their products.

“We have been aggressively sampling NCell™ over the past year in markets as diverse as Automotive, Toys, Lawn & Garden, and Furniture, and we are pleased to announce incorporation of NCell™ into an innovative new garden tool called the Skooper.” said Vince Yan, Technical Development Manager.  Invented by Mr. Augustine Jones and manufactured in Canada, the Skooper is the easiest way to pick up garden waste and is available both online at Skooper.ca and through Retailers across Ontario.
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12/1/2008 - New Private Sector Financing solidifies Ontario firm’s Leadership position in Natural-Fibre Composites

GreenCore is delighted to announce the completion of a successful financing round; securing $850,000 in private equity. First Leaside Visions Limited Partnership located in Uxbridge, Ontario, was the major participant. “GreenCore is thankful to the Province for its financial support and the early stage funding from the Ontario Centres of Excellence. Recently announced funding from the Ontario BioAuto Council and the new private equity will help to ensure that our objectives of further process development, new fibre composites and customer driven product design and engineering are achieved,” noted Geoff Clarke, GreenCore President and CEO.
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12/10/2007 - GreenCore Recognized as one of Canada's Top 10 Cleantech Companies for 2007/2008

GreenCore was selected by an independent expert panel of Canadian and US venture capitalists as one of Canada's Top 10 Cleantech Companies for the 07/08 competition year. Working in partnership with Canadian Consulates in Boston, New York City, San Diego and San Francisco, winning companies participate in targeted investment forums in each city, providing them with an opportunity to meet with Venture Capital investors who have expressed an active interest in financing these companies. Since its inception in 1999, competition alumni have secured more than $522M in venture capital financing.
TopCanadianCompanies.com   View Press Release

12/3/2007 - GreenCore Composites Selected as First Investment by the Ontario BioAuto Council

The Ontario BioAuto Council is committing $755,000 over two years to GreenCore for scale-up production, process enhancement, and market development of our bio-based compounds.

The BioAuto Council is a not-for profit organization working to link auto-parts manufacturers, automotive assemblers and the chemical and plastics industry with agricultural and forestry companies to produce materials and chemicals from biological feedstocks.
View BioAuto Council Press Release   View University of Toronto News Release

8/27/2007 - GreenCore Receives Funding from the Ontario Government

Ontario is committing $400,000 to Greencore Composites to set up a demonstration plant in Mississauga for the production of its high-performance natural fiber composites. The funding is being provided through the Ministry of Research and Innovation's (MRI) Innovation Demonstration Fund (IDF). “Ontario’s support will help us demonstrate the commercial viability of our Green Inside composites,” said Geoff Clarke, President & CEO, GreenCore Composites Inc. “The composites provide automakers, and manufacturers of consumer and industrial products such as furniture, toys, and containers with an alternative to conventional plastics that provide high performance, are recyclable and more environmentally friendly." GreenCore's Mississauga, Ontario facility will be in operation by the end of 2007.
View Press Release   About the IDF

6/19/2007 - GreenCore Webcast Video

GreenCore Composites was featured in a promotional video produced by the Ontario BioAuto Council and Michael Vaughan.
Click here to view (Quicktime plugin required)


5/04/2007 - Biocomposites and Bioplastics at Plast-EX 2007

Dr Sain spoke at this year's Plast-EX breakfast panel on research conducted at the University of Toronto's Centre for Biocomposites and Biomaterials Processing with a focus on the automotive parts sector.


3/10/2007 - Future car may come from farm, not factory - Toronto Star

"You've heard about driving with vegetable fuel, but how about driving in a vegetable? If the new "biocar" project goes smoothly, in less than four years you could be sliding into your new car seat made out of canola oil, checking the speedometer on a dashboard made out of wheat and pulling shut the door manufactured, in part, from soybeans ..." View entire Article


2/19/2007 - University of Toronto Natural Fiber Composites research in the Globe and Mail

GreenCore Director and University of Toronto Professor Mohini Sain was featured in this past Saturday edition of the Globe and Mail. He appeared in an ad highlighting UofT climate change research. Click here to view. (pdf) Professor Sain was also interviewed by the Globe and Mail in January 2006. The article is still available here.