CHAR Technologies Ltd. announced that the governments of Canada and Ontario announced that they are investing more than $11.3 million to expand CHAR Technologies' facility in Thorold, Ontario, to produce renewable natural gas (RNG) and biocarbon – creating the largest facility of its kind in Canada, and the only RNG facility in the country to exclusively use woody biomass. Joint funding is being made available through the Natural Resources Canada Investments in Forest Industry Transformation program and Ontario's Forest Sector Investment and Innovation Program, and will be disbursed in instalments during the course of construction from early 2023 to 2025. CHAR's global, high temperature pyrolysis (HTP) process converts woody biomass to simultaneously produce two highly profitable green outputs ready for industrial application without generating greenhouse gases.

When commercially operational, CHAR's Thorold facility will convert 75,000 tonnes of woody biomass to simultaneously produce 500,000 gigajoules of RNG and 10,000 tonnes of biocarbon per year. By providing alternative fuels, the project will directly reduce Ontario's greenhouse gas emissions by up to 30,000 tonnes each year. Diverting mill by-products from landfill will further avoid and reduce indirect emissions by as much as 30,000 tonnes annually, with a combined effect equivalent to taking 18,000 cars off the road.