Minister Champagne welcomes Canada Growth Fund investment in Québec clean-technology fertilizer company. News release. March 17, 2026 - Ottawa, Ontario - Department of Finance Canada Canada's agricultural sector is a key contributor to Canada's competitiveness, sustainability, and food security. It is a symbol of the country's ingenuity and resilience and plays a vital role in supporting jobs and growth across the country and in rural communities. To build a cleaner, stronger agricultural sector, and more productive economy, the government is committed to supporting sustainable farming practices, promoting low-emission technologies, and investing in innovations that reduce environmental impact and drive industrial growth. Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, welcomed a strategic commitment by the Canada Growth Fund to invest $20 million in Solugen, a clean-technology company that is working to advance organic agricultural practices with innovative, circular fertilizer. This commitment is part of a $50 million equity commitment alongside Idealist Capital to support the next phase of Solugen's growth and accelerate its commercial expansion. Solugen produces and commercializes Azogen, a fast-release liquid ammoniacal nitrogen fertilizer derived from hog manure. By helping organic farming compete with conventional crop yields, this innovative product supports Canada's food growers in competing globally while strengthening domestic supply chains. The investment announced today will allow Solugen to expand capacity at its existing plant in St-Patrice-de-Beaurivage, Québec, and construct a second Québec facility. This expanded capacity will support growing demand across North America's organic farming market while creating quality job opportunities for Canadians. Quotes. "This investment by the Canada Growth Fund in Solugen is a step forward in bolstering Canada-and Québec's-innovative approaches to growing our food produce sector. By investing in clean farming technologies, we're strengthening Canada's food security and domestic supply chains, creating good jobs, protecting our environment, and ensuring a sustainable, innovative, and globally competitive sector for the future." - The Honourable François-Philippe Champagne, Minister of Finance and National Revenue "Agriculture is without a doubt one of the most important and investable sectors in our economy. The pace of technological advancement we've seen across the industry in recent years has been impressive, and investments like this will continue to accelerate innovation. We have a generational opportunity to empower Canada's agriculture and agri-food sector to meet growing global demand, drive economic growth, and strengthen food security and sovereignty." - The Honourable Heath MacDonald, Minister of Agriculture and Agri-Food "Today's announcement demonstrates that Québec is a leader in the green economy and that our local talent is at the heart of Canada's economic growth. By supporting Solugen, we are driving innovation in the key field of agriculture, actively participating in securing Canada's food supply chain, and creating high-quality jobs in our regions. This is how we build a stronger, more resilient, and more prosperous economy for everyone." - The Honourable Joël Lightbound, Minister of Government Transformation, Public Works and Procurement and Québec Lieutenant "This investment marks a turning point for Solugen. Our technology delivers proven performance while reducing environmental impact. Scaling our operations will allow us to serve more growers and help close the yield gap in organic farming. With this support, we will continue growing our team and strengthening the foundations needed for long-term, sustainable expansion." - André Beaulieu-Blanchette, Founder and CEO of Solugen. Quick facts. * Founded in 2017 and headquartered in Lévis, Québec, Solugen produces Azogen, a fast-release ammoniacal nitrogen fertilizer produced through a fully circular process. By converting manure into high-performance fertilizer, Solugen helps farmers increase yields while reducing greenhouse gas emissions associated with conventional fertilizers. * The Canada Growth Fund is a $15 billion arm's length public investment vehicle launched by the federal government to attract private capital and invest in Canadian projects and businesses, which is managed by Canada Growth Fund Investment Management, a wholly owned subsidiary of Public Sector Pension Investment Board and the exclusive, arm's length and independent manager of the Canada Growth Fund. * In 2024, the Canada Growth Fund announced a $50 million commitment to Idealist Climate Impact Fund LP, a fund managed by Montréal-based Idealist Capital. This investment is helping innovative clean tech businesses across Canada, like Solugen, to scale-up their ideas into solutions that will create good jobs, grow the economy, and accelerate Canada and the world's progress towards net-zero. * The Canada Growth Fund makes strategic investments to help grow Canada's economy at speed and scale on the path to emissions reductions, in the interest of remaining competitive globally over the longer term. The Canada Growth Fund's strategic objectives are as follows: * Reduce emissions while promoting economic growth and Canadian competitiveness; * Accelerate the deployment of key technologies, such as low-carbon hydrogen and carbon capture and sequestration, among others; * Scale-up companies that will create jobs and drive productivity and growth across new and traditional sectors of Canada's industrial base; * Encourage the retention of intellectual property in Canada; and, * Capitalize on Canada's abundance of natural resources and strengthen critical supply chains to secure Canada's future economic and environmental well-being. * As of March 2026, the Canada Growth Fund has announced 20 transactions (including this transaction), having committed over $5 billion across six provinces. Contacts. Media may contact: John Fragos Press Secretary Office of the Minister of Finance and National Revenue [email protected] Media Relations Department of Finance Canada [email protected] 613-369-4000 General enquiries. Stay connected. * Follow us on Facebook * Follow us on X - @FinanceCanada * Follow us on LinkedIn * Add our RSS feeds to your feed reader

Major chemical companies influencing 2,4-Di Tert Butyl Phenol market. Market.us News, we strive to bring you the most accurate and up-to-date information by utilizing a variety of resources, including paid and free sources, primary research, and phone interviews. Learn more. The global 2,4-Di Tert Butyl Phenol market is on a steady growth path, projected to reach USD 489.9 million by 2034, rising from USD 292.3 million in 2024, with a 5.3% CAGR from 2025 - 2034. Asia Pacific leads demand with a 38.20% share, placing the regional market value at USD 111.6 million. 2,4-Di Tert Butyl Phenol is a specialty phenolic compound widely valued for its antioxidant and stabilizing role. It protects materials from heat-, oxygen-, and age-related degradation, making it important in applications where durability, predictable performance, and longer service life are critical. Its controlled chemical behavior supports consistent industrial use with fewer replacements or reformulation needs. At the same time, the municipal water sector is expanding as cities address aging infrastructure, contamination risks, and rising urban water demand. Reliable treatment, purification, and system longevity are now central priorities. Stable chemical additives indirectly support these goals by extending equipment life and reducing maintenance frequency in water-related systems. Innovation across chemicals and water technologies is reinforced by active funding. Solugen raised USD 4.4 million in seed funding to advance plant-based peroxide production. Starpath secured USD 12 million to develop lunar water extraction technologies. Further momentum comes from HyPrSpace with €21 million in Series A funding, Reaction Dynamics closing USD 14 million, Letara raising 650 million yen, and HYDROCOW launching a USD 6 million initiative converting CO[2] and hydrogen into protein. Together, these investments reflect a clear convergence toward resilient, next-generation chemical and water solutions. Top Key Players in the Market * SI Group * TASCO Group * Dongying Kehong Chemical * Songwon * Others 1. SI Group. SI Group is a U.S.-based specialty chemicals company with a long operating history in performance additives, chemical intermediates, and process solutions. The company supports industries such as plastics, lubricants, rubber, coatings, oilfield chemicals, and pharmaceuticals. SI Group focuses on enhancing product durability, thermal stability, and performance efficiency. With a strong global manufacturing and distribution footprint, the company serves customers across more than 80 countries. Its strategic recapitalization strengthened its financial structure, enabling long-term growth and innovation. The company emphasizes sustainability-driven chemistry and continuous improvement in manufacturing efficiency. SI Group operates multiple production facilities worldwide and maintains a strong research-driven approach to customized additive solutions. Its portfolio supports longer equipment life, reduced maintenance cycles, and consistent industrial performance across diverse applications. Take advantage of our unbeatable offer - buy now! 2. TASCO Group. TASCO Group is a Taiwan-based chemical manufacturer specializing in petrochemical derivatives and fine chemicals. Established in 1982, the company has built strong expertise in C4 chemistry and downstream processing. Its product portfolio supports industrial manufacturing, energy-related applications, and chemical intermediates. TASCO focuses on technical reliability and scalable chemical solutions tailored to regional and global markets. The company continues to expand its chemical capabilities through engineering expertise and long-term operational experience. TASCO's manufacturing approach emphasizes process efficiency, supply consistency, and integrated chemical production. Its presence supports regional industrial growth while maintaining international trade relationships through strategic distribution partnerships. 3. Dongying Kehong Chemical co., ltd. Dongying Kehong Chemical is a Chinese specialty chemical producer focused on alkyl phenols and fine chemical intermediates. Founded in 2010, the company operates from the Dongying Port Economic Development Zone in Shandong. Its strategic location provides strong logistics access and industrial infrastructure support. Kehong Chemical has developed scalable production lines serving both domestic and export markets. The company emphasizes product consistency, safety, and process optimization. Its chemical portfolio supports applications in specialty manufacturing, fragrances, and industrial formulations. Continuous capacity expansion and product diversification remain central to its growth strategy, reinforcing its role within China's specialty chemical value chain. 4. SONGWON Industrial Group. SONGWON Industrial Group is a global specialty chemicals company headquartered in South Korea. Founded in 1965, it is one of the world's leading suppliers of polymer stabilizers and additives. The company serves the automotive, packaging, coatings, textiles, and electronics industries through a diversified chemical portfolio. SONGWON operates a vertically integrated manufacturing model supporting consistent quality and supply reliability. The company maintains a strong global presence with multiple manufacturing plants and technical service centers. SONGWON's growth strategy includes capacity investments, joint ventures, and continuous product innovation. Its focus on performance additives supports long-term material stability and efficiency across industrial applications. 2,4-Di-Tert-Butyl Phenol plays an important role as a specialty phenolic compound used for its strong antioxidant and stabilizing properties. It helps protect materials and formulations from degradation caused by heat, oxidation, and long-term aging. This makes it valuable across industrial applications where durability, consistency, and extended service life are essential. Its controlled chemical behavior allows reliable performance without frequent reformulation, supporting efficient manufacturing processes. As industries place greater focus on sustainability, equipment longevity, and reduced maintenance, this compound continues to gain relevance. Overall, 2,4-Di-Tert-Butyl Phenol supports stable, high-performance systems while contributing to more efficient and resilient industrial operations.

HOUSTON, Jan. 30, 2025 /PRNewswire/ -- Solugen CEO and Co-Founder, Gaurab Chakrabarti, has been appointed to the Visiting Committee on Advanced Technology (VCAT) of the National Institute of Standards and Technology (NIST), part of the U.S. Department of Commerce. This appointment highlights Solugen's commitment to advancing innovative, sustainable solutions while contributing to national initiatives on technological leadership and industrial progress