- TrustBIX Inc. (TBIX) signed an agreement to develop a Biomass Quality Traceability Protocol for the Biomass Quality Network of Canada (BQNC)
- TrustBIX provides agri-food traceability and chain of custody clue solution
- BQNC is facilitating the commercialization of agricultural biomass for industrial application through the development and adoption of quality standards and methods
- Due to the collaboration with BQNC, TrustBIX sees the opportunities to leverage its new insights on managing biomaterials to support the bio industrial sector, assure their customer that the products manufactured with biomass can replace traditional materials
- It will also help trace TrustBIX’s quality assurance standards, measurement protocols, and grading systems throughout the value chain
- TrustBIX Inc. (TBIX) is up 10 per cent, trading at $0.165 per share at 2:03 p.m. ET
TrustBIX Inc (TBIX) has signed an agreement to develop a Biomass Quality Traceability Protocol for the Biomass Quality Network of Canada (BQNC).
TrustBIX provides agri-food traceability and chain of custody clue solutions.
BQNC is facilitating the commercialization of agricultural biomass for industrial application through the development and adoption of quality standards and methods.
BQNC is a value chain group created to develop quality standards and measurement techniques to accelerate the adoption of Canadian biomass in bioproducts for all stakeholders through the development of various methods, monitoring and provision of services.
Murray McLaughlin, Director and Chairman of BQNC said,
“Agricultural biomass is not being used to its full potential for high-value products because of the limited knowledge and understanding of the standards that currently exist for the Canadian bioproducts industry.”
Due to the collaboration with BQNC, TrustBIX sees the opportunities to leverage its new insights on managing biomaterials to support the bio-industrial sector, assure their customer that the products manufactured with biomass can replace traditional materials.
Hubert Lau, CEO of TrustBIX added,
“Extending our extensive experience in tracking sustainable livestock for the Canadian beef industry in February 2021 we announced a commercial pilot project with AllWest Demolition and Innovation Reduction Strategies Inc. to expand that work into biomaterials in Edmonton.”
It will also help trace TrustBIX’s quality assurance standards, measurement protocols, and grading systems throughout the value chain.
TrustBIX Inc. (TBIX) is up 10 per cent, trading at $0.165 per share at 2:03 p.m. ET.
